Resources

Resilinc Corporation and CreditRiskMonitor.com, Inc. are forming a partnership, aiming to enable Fortune 1000 organizations to achieve greater visibility when it comes to gauging financial health of suppliers and overall supply chain risk.

CreditRiskMonitor management remains cautiously optimistic about the rest of the year, as many of our subscribers continue to struggle through the COVID-19 economic downturn and are implementing cost-cutting measures.

As a result of the COVID-19 restrictions put in place by the State of New York, the Annual Meeting of Stockholders of CreditRiskMonitor.com, Inc. will be held telephonically by means of remote communication.

CreditRiskMonitor is proud to announce a new partnership with Esker, a worldwide leader in AI-driven process automation software used by more than 6,000 companies worldwide.

CreditRiskMonitor reported that revenues for the 3 months ended Mar. 31, 2020 increased 6% to $3.71 million compared to $3.50 million in last year’s first quarter.

CreditRiskMonitor has announced the arrival of Richard Lippe to the Company's Board of Directors, while longtime independent Board member Jeffrey Geisenheimer resigned.

CreditRiskMonitor reported that revenues for the year ended Dec. 31, 2019 increased to $14.50 million up 4% from $13.89 million in 2018.

CreditRiskMonitor announced that Lawrence Fensterstock, Senior Vice President and Chief Financial Officer, has informed the Board of Directors of his intention to retire effective June 30, 2020.

Leveraging AI for accurate private company bankruptcy risk assessment, we have been successful in predicting 70% of bankruptcies thus far in 2019 (Q1 through Q3) with the PAYCE® score.

RetailDive recently set out to compile a list of distressed retailers at risk of bankruptcy, using data provided by CreditRiskMonitor's proprietary FRISK® score. In this podcast, author Ben Unglesbee discusses his findings in advance of the 2019 holiday season.

CreditRiskMonitor announced that its Board of Directors today declared a dividend of $0.05 per outstanding share of its common stock. Additionally, the Board elected Michael Flum as SVP and COO and Jonathan Levy as SVP, Secretary and General Counsel.