TSL Express Daily News
The Secured Lender
SFNet's The 81st Annual Convention Issue
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Top 5 Apps for Organizing
Mar 7, 2019If you’re like most of us, we try to stay organized in business and life, but it gets increasingly complicated…
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The Importance of Stretching
Mar 7, 2019Every personal trainer and athletic coach I have ever worked with has stressed the importance of stretching. When working out…
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SFNet's 40 Under 40 Award Winners Panel Recap
Mar 6, 2019Moderator: Samantha Alexander, regional underwriting manager, Wells Fargo Capital Finance’s Corporate Asset Based Lending group and 2016 CFA 40 Under…
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SFNet's Inaugural YoPro Leadership Summit
Mar 6, 2019The Secured Finance Network brought together the next generation of commercial finance leaders for a full day of learning and…
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It’s a Marathon, Not a Sprint
Aug 22, 2018I was recently invited to participate in an executive panel to answer questions from a credit training class comprised of...
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It’s Not Too Late – Five Member Benefits to Cash In On Now
Aug 1, 2018As we hit the half way mark on calendar year 2018, it is a good time to take stock and…
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It’s Time To Break Up With Your Phone
Jul 18, 2018Do I have your attention? Let’s be honest here: do you have the attention span to read this article? Compared…
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Lien Management – What You Need to Know
Jun 6, 2018UCC filing is the cornerstone of all loans and every lien portfolio...
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Potential Impacts of Blockchain on Commercial Lending
Jan 15, 2018By Raja Sengupta, Executive Vice President and General Manager, Wolters Kluwer’s Lien Solutions When it comes to the rising importance…
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How to be a Good Leader
Dec 5, 2017I know what you’re thinking…another article about how to be a good leader? The short answer is yes…but this time,…
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Fintech and Due Diligence – Disruptors and Established Firms Evolve
Oct 30, 2017The fintech sector has gone through a number of manifestations in the past two decades.
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A Commercial Banker’s Tickler Transition Plan
Oct 18, 2017Just do a keyword search for “bank tickler,” and you’ll quickly realize that banks are still heavily reliant on manual…
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Understanding and Developing Your Personal Brand: Four Steps to a More Intentional Career Progression
Sep 5, 2017It is imperative for individuals to have a general idea about their future career aspirations, just as companies should have clearly defined strategies.
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Selecting a Technology Vendor: 3 Questions to Ask
Jul 5, 2017As with anything else at your bank, selecting a technology vendor can be a challenging decision. Users from across different…
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Why Back-Office Lending Automation Enhances Customer Satisfaction
Apr 25, 2017Every bank strives to keep its customers happy. Of course, some institutions are better at achieving this goal than…
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The Lost Art of the Loan Purchase
Mar 2, 2017Purchasing a loan directly from a bank whether at par or discount is a not-often-used technique that is easily…
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Audit Prep: Why a Paperless Approach Makes Sense
Feb 15, 2017How much time does your financial institution spend preparing for audits? We recently surveyed 187 community banks, and the results…
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Back Office Support Services: Helping you approve more clients
Feb 7, 2017How many times have you come across a potential client who’s financials are either not up to date, not accurate,…
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“All Assets” is the Key When Drafting UCC-1 Financing Statement Collateral Descriptions
Jan 30, 2017Even when prepared by outside or in-house counsel, many lenders pay close attention to draft UCC financing statements before they…
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Paper Loan Files: Does Your Bank Know the True Cost?
Jan 12, 2017Sure, there’s a tangible cost associated with deploying an electronic loan imaging system. Software, support, and scanning hardware are just…
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November 20, 2023
Source: FlexCharge
FlexCharge
691 S. Milpitas Blvd.
Milpitas, CA 95305
(516) 287-7542
www.flex-charge.com
FlexCharge is highly unique AI-powered platform that partners with merchants and payment providers to instantly review and recover failed customer transactions at no risk to the merchant and at no cost to the customer. The platform can cure 30-40% of declines driving up merchant sales by 5-15%.
The platform combines three key elements combining for a highly innovative solution that simply does not exist in the payments industry.
The first is the AcceptIQ platform which is a powerful, real-time decision engine built on 20+ years of experience in the global credit and data analytics market.
The second step is our unique customer promise that allows for a truly embedded and frictionless customer experience.
The final element of the platform is our Merchant of Record approach. If we feel a declined transaction can be cured, we purchase the invoice on the spot effectively giving a guarantee of sale to the merchant.
Real Time Decisioning, a truly embedded and frictionless journey, and a factoring model delivering peace of mind and clarity to the merchant. Learn more at
www.flex-charge.com.
SFNet Member Director, Philip McHugh
Philip McHugh is currently executive director at FlexCharge and executive chairman at the Vodeno Group. He was the former CEO of Paysafe, a global leader in specialized payments including digital wallets, Ecash alternate payments, and scaled e-commerce, integrated software, and SMB Payment solutions. During the three years at Paysafe, engineered a material business clean up and turn around, took the company public through one of the largest SPACs in the market ($2.2bn PIPE), and positioned the company for growth in sports betting and crypto.
Prior to Paysafe, Philip was the senior executive vice president and president of TSYS Merchant Solutions. Philip joined TSYS in 2017 with more than 20 years of experience in international banking and payments.
Prior to joining TSYS, he served as chief executive officer of Barclaycard Business Solutions, managing the payments division for Barclaycard, including merchant acquiring, commercial payments, and the sales finance division. He spent more than 10 years with the company, having also held the position of chief financial officer for Barclaycard.
Prior to Barclays, Philip spent ten years with Citigroup covering Latin America, including management roles with their credit card division in Brazil.
