Acquirers, Funds Transfer and Underwriting

100+ Payment Industry Terms Explained in Plain English

Clearly Payments

MAY 22, 2025

The payment industry is packed with jargon that sounds like it was made to confuse youterms like interchange optimization, chargeback ratio, and merchant acquirer get thrown around like everyones supposed to know what they mean. Acquirer (Acquiring Bank) The bank or processor that works with the merchant. And thats okay.

Online and Mobile Banking

Online and Mobile Banking Debit Card Processors ACH

The Difference Between a Payment Acquirer, ISO, and PayFac

Clearly Payments

DECEMBER 9, 2023

Navigating the realm of payment processing unveils three key players: acquirers, ISOs, and aggregators. Acquirers: The Foundation of Payment Networks At the heart of payment processing, acquirers, often referred to as acquiring banks , play a foundational role. ISOs are not just facilitators; they are business partners.

ISOs

ISOs Acquirers Credit Cards MSPS

What is a Payment Processor?

Clearly Payments

DECEMBER 5, 2023

This comprehensive guide aims to unravel the complexities and distinctions among three primary types of payment processors: Acquirers, Independent Sales Organizations (ISOs), and Aggregators. Acquirers or Acquiring Banks Acquirers, also known as acquiring banks , form the backbone of the payment processing ecosystem.

Processors

Processors ISOs Payment APIs and Integration Payments

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What are Merchant Accounts and How Do They Work?

Stax

DECEMBER 27, 2023

A merchant account acts as a pathway between your business, your customers, and the issuer and acquiring banks to process electronic transactions like credit cards. Once funds are verified, the card issuing bank will issue an approval code for the acquiring bank to transfer funds to the business’s merchant account.

Accounts

Accounts Online and Mobile Banking Payment Gateways PCI DSS

Fintech Fundings: 25 Companies Raise $1.6 Billion Week Ending Aug 20

Fintech Labs Insights

AUGUST 20, 2015

Tags: Y Combinator (YC S15), lending, underbanked, underwriting, consumer, credit.

Online and Mobile Banking

Online and Mobile Banking Underwriting FinTech P2P

What Is an ACH Payment Facilitator?

Stax

JANUARY 17, 2024

All this without having to invest time and resources in partnering with an acquiring bank or building an elaborate payment infrastructure. After this, it usually takes about 3-5 days to get approvals post the underwriting process. Acquiring new customers can be quite costly as compared to keeping existing ones.

ACH

ACH Facilitators ISVS Payment APIs and Integration

Fintech Fundings: 18 Companies Raise $230 Million Week Ending June 11

Fintech Labs Insights

JUNE 11, 2015

Tags: Payments, mPOS, point of sale, SMB, security, cards, merchant acquiring, Finovate alum.

Underwriting

Underwriting FinTech P2P Payroll

Fintech Fundings: 26 Companies Raise $270 Million Second Week of August

Fintech Labs Insights

SEPTEMBER 19, 2016

Tags: Consumer, SMB, payments, funds transfer, FX, remittances.

Underwriting

Underwriting FinTech P2P Advisors

Fintech Fundings: 21 Companies Raise $440 Million Week Ending July 23

Fintech Labs Insights

JULY 23, 2015

The post Fintech Fundings: 21 Companies Raise $440 Million Week Ending July 23 appeared first on Finovate. Tags: SMB, accounts receivables, trade finance, underwriting. Source: Crunchbase. Mobile point-of-sale solution for feature phones . HQ: Mumbai, India. Latest round: $25 million Series C. Total raised: Unknown. Total raised: $6.6

FinTech

FinTech P2P Debit Card Risk Management

Fintech Fundings: 14 Companies Raise $100 Million Week Ending Sep 4

Fintech Labs Insights

SEPTEMBER 4, 2015

. ——– Here are the fundings from 29 Aug to 4 Sep by size: Prospa. loans, commercial, underwriting, online, SMB. Tags: Payments, remittances, funds transfers, P2P payments, Y Combinator. Australian alt-lender to small businesses. HQ: Sydney, Australia. Latest round: $60 million Series B. Latest round: $4.8

FinTech

FinTech P2P Online and Mobile Banking Funds Transfer

Fintech Fundings: 22 Companies Raise $590 Million Week Ending Oct 9

Fintech Labs Insights

OCTOBER 9, 2015

Consumer credit underwriting. Money transfer service. The post Fintech Fundings: 22 Companies Raise $590 Million Week Ending Oct 9 appeared first on Finovate. Tags: SMB, merchants, payments, acquiring. Source: Crunchbase. ZestFinance. HQ: Los Angeles, California. Latest round: $150 million Debt. Source: Crunchbase.

FinTech

FinTech Online and Mobile Banking P2P Underwriting

Fintech Fundings: 32 Companies Raise $210 Million Second Week of July

Fintech Labs Insights

AUGUST 8, 2016

Check decisioning & funding. Tags: Consumer, credit, loans, underwriting, person-to-person, P2P, investing. Source: FT Partners. Real estate crowdfunding platform. Latest round: $9.1 million Series A. Total raised: $9.1 HQ: Hamburg, Germany. Source: Crunchbase. Currency exchange platform. Latest round: $8.7 million Series A.

Underwriting

Underwriting FinTech Debit Card P2P

Fintech Fundings: 26 Companies Raised $270 Million Week Ending May 6

Fintech Labs Insights

MAY 26, 2016

Azimo raised $15 million from Rakuten for its funds transfer service. ——-. Tags: Healthcare providers, payments, credit, short-term loans, payments plans, underwriting. Total dollars raised YTD is now $14.3 billion, more than twice the $6.6 billion raised during the same period a year ago. Latest round: $55 million Series C.

Debit Card

Debit Card Online and Mobile Banking FinTech Funds Transfer

Fintech Fundings: 17 Companies Raise $4.8 Billion Week Ending April 22

Fintech Labs Insights

MAY 2, 2016

Tags: SMB, small business, lending, credit, underwriting.

Underwriting

Underwriting FinTech P2P Small Business

Fintech Fundings: 28 Companies Raise $400 Million Week Ending May 20

Fintech Labs Insights

JUNE 16, 2016

Funds transfer service. The post Fintech Fundings: 28 Companies Raise $400 Million Week Ending May 20 appeared first on Finovate. Tags: Consumer, P2P payments, remittances, funds transfers. Small business alt-lender. Latest round: $35.5 million Debt. Total raised: $130.8 million ($83.1 million Equity, $47.7

Underwriting

Underwriting FinTech Debit Card Online and Mobile Banking

Fintech Fundings: 38 Companies Raised $300 Million First Week of June

Fintech Labs Insights

JULY 12, 2016

Funds transfers. Tags: Consumer, lending, peer-to-peer, P2P, credit, underwriting, investing. Financing solutions for retailers & manufacturers. Latest round: $13 million Series B. Total raised: Unknown. HQ: Austin, Texas. Source: Crunchbase. Lease-to-own financing platform. Latest round: $12.5 Total raised: $12.5

Underwriting

Underwriting P2P FinTech Online and Mobile Banking

Fintech Fundings: 25 Companies Raise $810 Million Week Ending Nov 20

Fintech Labs Insights

NOVEMBER 23, 2015

Global funds transfer service for businesses. Tags: SMB, payments, mPOS, merchants, acquiring, hardware, credit/debit cards. Source: Crunchbase. Financing online consumer purchases. Latest round: $101 million ($1 million equity, $100 million debt). Total raised: $101 million (includes $100 million debt). HQ: Sydney, Australia.

NOV

NOV Debit Card Online and Mobile Banking FinTech

Fintech Fundings: 186 Companies Raised $1.6 Billion in June

Fintech Labs Insights

AUGUST 1, 2016

International funds transfers. Tags: SMB, payments, credit, underwriting, trade finance, factoring, agriculture. HQ: Ahmedabad, India. Source: Crunchbase. West Creek Financial. Consumer purchase financing. Latest round: $28.5 million ($3.5 million Equity, $25 million Debt). Total raised: $28.5 HQ: Glen Allen, Virginia.

Underwriting

Underwriting Online and Mobile Banking Debit Card FinTech

Fintech Fundings: 30 Companies Raised $330 Million First Week of August

Fintech Labs Insights

SEPTEMBER 1, 2016

Funding Societies. The post Fintech Fundings: 30 Companies Raised $330 Million First Week of August appeared first on Finovate. Tags: SMB, credit, underwriting, factoring, trade finance, receivables financing. Fintech deals by size from 30 July to 5 August, 2016: Mosaic. Lender for solar energy installations. million Series A.

FinTech

FinTech Online and Mobile Banking Underwriting P2P

Fintech Fundings: 21 Companies Raise $460 Million Week Ending April 1

Fintech Labs Insights

APRIL 4, 2016

Smartphone based alt-credit & underwriting for underbanked. Tags: SMB, consumer, insurance, mobile, underwriting. Source: Crunchbase. PayItSimple consumer credit service. Latest round: $22.5 million ($56 million valuation). Total raised: Unknown. HQ: New York City. Source: FT Partners. In-store financing service. LoanLogics.

Underwriting

Underwriting FinTech P2P Online and Mobile Banking

Fintech Fundings: 28 Companies Raise $220 Million Week Ending March 25

Fintech Labs Insights

MARCH 28, 2016

P2P international funds transfer marketplace. Financial data for private equity funds. Tags: Consumers, lending, student loans, credit, underwriting. Automated lending solutions for financial institutions. Latest round: $40 million. Total raised: $50 million. HQ: Austin, Texas. Source: Crunchbase. Edgewater Markets.

FinTech

FinTech Underwriting Debit Card P2P

Fintech Fundings: 114 Companies Raised $7.3 Billion in April

Fintech Labs Insights

MAY 19, 2016

Tags: SMB, factoring, accounts receivables, trade finance, lending, credit, underwriting, Citibank (investor), Finovate alum.

FinTech

FinTech Debit Card Underwriting Non-Bank

Fintech Fundings: 21 Companies Raise $260 Million Week Ending Feb 5

Fintech Labs Insights

FEBRUARY 5, 2016

million for its global funds transfer app. Credit card acquiring for bitcoin exchanges & wallets. Tags: Consumer, credit, mortgage, underwriting, loans, lending, peer-to-peer, marketplace, crowdfunding, property. The total included at least $85 million in debt. billion in the same period last year. Total raised: $56.1

FinTech

FinTech Bitcoin Blockchain Underwriting