The Fintech Times

MARCH 13, 2024

“Generative AI is not the first, and won’t be the last, disruptive technology to impact the cyber threat landscape, so it is critical that businesses improve their risk mitigation, security and defence technologies, as well as seek appropriate risk transfer today, more than ever before.”

Risk Mitigation

Finovate

MAY 6, 2024

Alloy introduced itself to Finovate audiences at FinDEVr Silicon Valley in 2016. Via the partnership, Alloy customers will be able to access Coris’ solutions to automate SMB onboarding, underwriting, and fraud prevention. Alloy introduced itself to Finovate audiences at FinDEVr Silicon Valley in 2016.

Automation

Fintech News

FEBRUARY 27, 2024

The firm boasts an innovative credit underwriting approach, leveraging extensive behavioral data, and has been instrumental in successfully introducing virtual credit card offerings aimed at Indonesia’s middle-income segment.

FinTech

FICO

FEBRUARY 25, 2019

After a 2018 that had its highs and lows, what might 2019 have in store from a credit risk management standpoint? In 2019, enhanced credit underwriting via digitally contributed-consumer data will hit the mainstream. Risk in Bankcard Originations on the Rise. 2018 SCE Credit Access Survey. revolver vs. transactor).

Credit Risk

PYMNTS

OCTOBER 1, 2018

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. The build-back from the revelations of 2016 was a bit more of a lengthy process.

P2P

FICO

JANUARY 24, 2018

In 2016, FICO was still a relatively new player in the cyber and enterprise security space. Our FICO ESS customer, Barbican Insurance Group , participated in an excellent panel discussion about the evolution of the underwriting process. Advisen: Barbican Takes a Leadership Stance on Cybersecurity Insurance.

Cybersecurity

PYMNTS

JULY 22, 2016

It’s even more surprising given that 2016 could be the year that regulation begins to really kick in for these lenders — in the U.S., Investors seem confident in the industry’s startups and their ability to provide adequate risk management and underwriting for their loans; VCs provided more than $11.5

Regulations

PYMNTS

OCTOBER 29, 2018

million) in 2016 to 568.7 On the back end, Pintec leverages its artificial intelligence (AI) and deep learning technology against risk management, underwriting and other back-end challenges associated with the services. “We million yuan ($8.02 million yuan last year. That data mining, she noted, is not done in secret.

Posting

Fintech News

MAY 23, 2024

Retail Banking and Wealth Management covers retail banking, wealth management, asset management, and insurance. Global Banking and Markets provides transaction banking, financing, advisory, capital markets, and risk management services. Commercial Banking offers a range of banking products and services.

Online and Mobile Banking

CB Insights

JANUARY 4, 2018

While cyber direct premiums written hit just $1.34B in 2016, it’s estimated that cyber coverage could increase to $7.5B Travelers: “There’s an increasing awareness and consciousness in the mind of the risk manager (of cyber risk) and whether that’s a job description for somebody in a big company or proprietor in a small business.

Underwriting

PYMNTS

JULY 18, 2017

But the headlines took on a very different tone and intensity during Laplanche’s very public exit from Lending Club — with a scandal involving underwriting and shaky loan sale practices when the firm — and its executives — were found to have sold $22 million in subprime loans against the specific instructions of their investor.

Volume

The Fintech Times

SEPTEMBER 24, 2024

Specialist analytics and risk management consultancy 4most has expanded its senior team by appointing Philippa Milner-Jones as a client partner in the London office. Syn began his career at Ebury as a senior sales executive in 2016 and advanced to head of desk. Outgoing CEO Phil Morgan transitions to an advisory role.

FinTech

Fintech Labs Insights

SEPTEMBER 19, 2016

Fintech deals by size from 6 Aug to 12 August 2016: Interactions. Alt-credit score & risk management for financial institutions in emerging markets. Tags: Consumer, credit, loans, underwriting, solar energy, home equity. The YTD total now stands at 895, about 400 more than last year’s 484. Virtual customer service.

Underwriting

CB Insights

DECEMBER 5, 2017

AIG’s investment in workplace wearable safety startup HCS is a play in reducing the risk of commercial claims, while its investment in cyber investigation firm K2 is meant to develop products to reduce client cyber risks. Investment frequency: 9 new investments in 2016 YTD. American Family Ventures. Number of investments: 20.

Underwriting

CB Insights

APRIL 8, 2018

In 2016, we put together the following chart highlighting the pace of investments and partnerships by Swiss Re and Munich Re, the two largest reinsurers in the world: A lot has changed in two years. and wearable physiology monitoring company Biovotion , all of which took place in 2016. Partnerships.

Risk Assessment

CB Insights

JULY 16, 2017

USAA has slowed down its activity significantly, investing in just 5 new companies since the start of 2016. AIG’s investment in workplace wearable safety startup HCS is a play in reducing the risk of commercial claims, while its investment in cyber investigation firm K2 is meant to develop products to reduce client cyber risks.

Underwriting

PYMNTS

MAY 21, 2018

economy $109 billion in 2016 alone, linked to domestic and overseas activity. “The core issue,” explained Iram, “is that cyber-risk is highly dynamic, and there is a limit to how well historical data of old technology can predict future risk.

Cybersecurity

Fintech Labs Insights

AUGUST 17, 2016

Between January and July 2016, this database increased by more than $170 billion in B2B purchases. This brings the database’s total annual purchase insights to $1.2 We’re excited about the path we’re on.”.

Database

Fintech Labs Insights

FEBRUARY 15, 2016

SwipeStox added an undisclosed amount in conjunction with its FinovateEurope 2016 Best of Show debut. Here are the fintech deals by size from 6 Feb to 12 Feb 2016: Renew Financial. Underwrites & guarantees high-risk credit card transactions . Tags: Consumer, SMB, loans, credit, lending, underwriting.

FinTech

Fintech Labs Insights

JANUARY 18, 2016

Here are the deals by size from 9 Jan to 15 Jan 2016: Starling. Financial supply chain management. Derivative risk management. Tags: SMB, credit, lending, loans, underwriting, investing, P2P, business loans, crowdfunding. So the combined YTD debt and equity total of $800 million is triple the 2015 total.

Online and Mobile Banking

Fintech Labs Insights

APRIL 13, 2016

Here are the fintech deals by size from 2 April to 8 April 2016: Home Link (Lianjia). Data for B2B analytics & risk management. Tags: SMB, lending, trade finance, loan, underwriting. Ixaris landed $6 million for its prepaid card platform. Cortera raised a fresh $3.5 million for its business data service.

Online and Mobile Banking

Fintech Labs Insights

FEBRUARY 23, 2016

Here are the fintech deals by size from 13 Feb to 19 Feb 2016: StoneEagle Services (VPay). Risk management and compliance software. Home buying & mortgage process management. Tags: Consumer, SMB, loans, credit, lending, underwriting. Seven weeks into the new year, fintech companies have raised $4.7 AQ Metrics.

FinTech

Fintech Labs Insights

MAY 19, 2016

Fintech deals by size from 23 April to 29 April 2016: Mosaic. Tags: Consumer, lending, credit, underwriting, healthcare, payments, insurance. This week, 7 deals did not reveal the amount raised including Finovate alum BlueVine which added Citigroup to the $40 million round originally closed last year. ——-. million ($5.82

FinTech

Fintech Labs Insights

JANUARY 7, 2016

It is unlikely we’ll see that much in 2016, but the fintech sector is vast, and there are fascinating opportunities for newcomers and existing brands alike. Credit risk management. HQ: Trieste, Tags: SMB, credit, lending, trade financing, underwriting, commerce. Person-to-person lender . Total raised: $46 million.

FinTech

Fintech Labs Insights

JULY 12, 2016

Fintech deals by size from May 28 to 3 June, 2016: Partners Life. Tags: Consumer, lending, peer-to-peer, P2P, credit, underwriting, investing. The total number of deals YTD stands at 589, 90% more than last year’s 306. Total dollars raised YTD is now $16 billion, nearly double the $8.4 Online insurance. Latest round: $134.5 FundedbyMe.

Underwriting

Fintech Labs Insights

MARCH 1, 2016

Here are the fintech deals by size from 20 Feb to 26 Feb 2016: LoanZen. Tags: Consumer, lending, loans, underwriting, Equitable Bank (investor). And the number of deals is up 70% (167 compared to 98 in 2015). Receivables financing for small business. Latest round: Undisclosed Seed. Total raised: Unknown. HQ: Bangalore, India.

FinTech

Fintech Labs Insights

JULY 21, 2016

Fintech deals by size from 18 June to 24 June, 2016: Circle. B2B ecommerece credit management. Tags: Consumer, lending, underwriting, alt-lending, loans, personal financial management, P2P, person-to-person. Total dollars raised YTD is now $17.1 Global money-movement & storage platform. Total raised: $136 million.

FinTech

Fintech Labs Insights

JULY 14, 2016

Fintech deals by size from 4 June to 10 June, 2016: Tradeshift. Risk Focus. Risk management for capital markets. Tags: Institutions, compliance, risk mananagement, trading, investing. Total dollars raised YTD is now $16.2 billion, also nearly twice the $8.5 billion raised during the same period a year ago. ——-.

Underwriting