PYMNTS

APRIL 29, 2020

percent are doing so in credit underwriting. percent of FIs reported using AI in credit underwriting.”. The second-most common application is credit underwriting, as 71.4 AI is making in-roads into credit/loan underwriting as a way to supplement conventional scoring models — or supplant them altogether.

Credit Risk 100

Credit Risk Risk AI Underwriting 100

FICO

DECEMBER 8, 2022

Addressing Portfolio Risk in Economic Uncertainty: Part 2 (2022). If we think of a lending portfolio as an exclusive night club, its underwriting policy acts as the doorperson, checking IDs and making sure anyone trying to enter meets minimum acceptance criteria. Building portfolio risk resilience into customer acquisition.

Addressing 52

Addressing Risk Underwriting Risk Management 52

PYMNTS

JANUARY 25, 2019

Equipment finance company CapX Partners has announced an integration of Moody’s Analytics technology to strengthen its underwriting and risk mitigation capabilities. The company issued a press release on Thursday (Jan.

Underwriting 43

Underwriting Small Business Risk Mitigation Underserved 43

PYMNTS

OCTOBER 19, 2020

To address this problem, Flowcast has just launched its Tillful platform, which it says will level the playing field for SMEs by helping them boost credit scores needed to qualify for loans. And the cost of underwriting a large borrower vs. a small SME was virtually the same.”. Information Asymmetry.

AI 120

AI B2B Underwriting Non-Bank 120

Fintech Review

APRIL 4, 2025

“Our technology and underwriting algorithms provide rapid, fair decisions, ensuring seamless transactions for merchants and their customers.” DecisionFi positions itself within this market, aiming to address evolving consumer and merchant needs. billion by 2030, expanding at a compound annual growth rate (CAGR) of 20.3%

Underserved 52

Underserved FinTech Underwriting Finance 52

PYMNTS

JANUARY 27, 2021

Archa, based in Australia, wanted to address a gap in the country’s corporate card market, the release stated. The company wanted to solve the problem of banks not underwriting corporate cards for small businesses. The company wanted to boost growth and expansion across services geographies.

Product 111

Product Process Community Banks Small Business 111

FICO

MAY 25, 2021

If we think of a lending portfolio as a night club, its underwriting policy acts as the doorperson, checking IDs and making sure anyone trying to enter meets documented criteria. FICO® Scores, often an important contributor to underwriting strategies, are designed to provide valuable risk rank-ordering through all economic cycles.

Risk 52

Risk Addressing Underwriting Economy 52

Finextra

JUNE 23, 2025

For financial services, especially those addressing underserved markets, the stakes are even higher. In insurance , our agents help underwrite policies using behavioral data, making coverage more accessible for underserved or high-risk segments. The ambition? To AI-ify credit and democratize access to credit for the 1.7

AI 52

AI Finance Payment APIs and Integration Embedded Finance 52

The Fintech Times

JUNE 3, 2025

Perfios, the operating system for BFSIs, brings deep expertise in building and scaling financial infrastructure across the end-to-end customer lifecycle, covering onboarding, verification, decisioning, underwriting, risk intelligence, fraud prevention, and more.

Addressing 45

Addressing Visa Commercial Card Fraud Prevention 45

The Fintech Times

MARCH 13, 2025

Aleph already operates in 150+ markets across Latin America, Asia, the Middle East, and Africa, managing the complexities of billing, collections, credit underwriting, FX, tax, and treasury in emerging economies. What are some common misconceptions surrounding cross-border payments and how is LocalPayment by Aleph addressing these?

Cross-Border Payments 96

Cross-Border Payments Cross-Border Payment APIs and Integration Payment Service Provider (PSP) 96

PYMNTS

APRIL 24, 2020

percent employ it for credit underwriting. percent reported using AI for underwriting and risk assessment purposes. Among FIs interested in smart agent-based AI, 67 percent believe it would help address payments fraud, and 62.1 Another key trend is that early AI adopters are more focused in how they are applying the technology.

Credit Risk 100

Credit Risk Risk Underwriting AI 100

Finovate

JANUARY 7, 2025

The key when choosing new solutions is to select those that address the operation as a whole,” TMNAS EVP and CIO Robert Pick said. In the years since then, Earnix has grown into a major provider of cloud-based, intelligent solutions for pricing, rating, underwriting, and product personalization in financial services.

Underwriting 59

Underwriting Addressing Risk Innovation 59

The Fintech Times

MARCH 26, 2024

As insurers strive to meet the evolving needs of a digitally-savvy customer base while addressing the persistent challenge of financial inclusion, they are increasingly turning to fintech solutions. “We’re beyond refrigerators telling owners that a critical part is about to fail, or the warranty needs an update.

Underserved 115

Underserved FinTech Financial Inclusion Risk 115

PYMNTS

OCTOBER 21, 2019

Providing consumers with sufficient supports can address these potential obstacles and speed up loan underwriting timelines, benefiting both borrowers and lenders. Organizations working to alleviate those pains need to ensure they can boost underwriting speed while carefully protecting consumers’ and FIs’ safety.

Underwriting 41

Underwriting Consumer Due Diligence Assessments 41

PYMNTS

DECEMBER 15, 2020

Because the industry is dominated by startups, a lack of historical business data makes underwriting a challenge. Everyone's a startup, and you can't really underwrite your customer and understand how much credit you should be giving them, what terms they need or what their limit it," Gordon explained.

Legal 111

Legal B2B Underwriting Payment Reconciliation 111

PYMNTS

NOVEMBER 18, 2019

Faster payment services could help such consumers get much-needed funds, as long as lenders can access equally fast underwriting tools. Underwriting tools boost the confidence of both borrowers and lenders, and help the latter more seamlessly access reliable bank data that supersedes credit scores.

Underwriting 41

Underwriting Federal Reserve Payments Faster Payments 41

The Fintech Times

JUNE 30, 2025

AI, automation, and embedded insurance are just some of the technologies driving change in everything from underwriting and claims to customer engagement, leading many industry firms and leaders to rethink their approach. The more sustainable approach combines fair pricing with an exceptional customer experience that exceeds expectations.

Payment APIs and Integration 59

Payment APIs and Integration AI Underwriting Treasury 59

CB Insights

NOVEMBER 3, 2022

While insurtech funding has remained relatively flat quarter-over-quarter in 2022, insurers are still actively engaging with startups to improve their businesses — including addressing climate-related risks. . Underwriting and claims automation. download the State of Fintech Q3 ’22 Report.

Underwriting 95

Underwriting Risk Management Risk Product 95

PYMNTS

JULY 3, 2018

But SMB loan underwriting at traditional FIs has, for the most part, remained unchanged, even as alternative lenders began exploring the role of alternative data in the risk mitigation process. Michael Carter, CEO and president of BizEquity , has another vision in mind: lenders using the value of a small business to underwrite SMB loans.

Underwriting 40

Underwriting Small Business Assessments Third-Party Service Provider 40

Fintech News

MARCH 17, 2025

The event focuses on cohesive innovation, bringing together policymakers, startups, and corporate leaders to address industry challenges and drive Indias fintech growth. Discussions will also address sustainability, regulatory compliance, and ethical considerations in financial technology.

FinTech 88

FinTech Cybersecurity AI Financial Inclusion 88

Fintech News

AUGUST 12, 2024

Technology firm Microsoft is working with Axis Bank and Aditya Birla Capital, among others, to deploy processes using genAI to transform contact centers, boost sales and overhaul claims and underwriting processes. The book size of digital lenders in India is projected to grow from US$38.2

Embedded Finance 113

Embedded Finance FinTech Non-Bank Cross-Border 113

FICO

AUGUST 28, 2020

during the Great Recession and in Texas during Hurricane Harvey, as well as some FICO® Score simulations that address outlier credit reporting scenarios. . Examples of such factors are changes in macroeconomic conditions, employment status, and shifts in lender underwriting standards.

Underwriting 94

Underwriting Economy Risk Credit Risk 94

PYMNTS

NOVEMBER 13, 2020

The diligence wasn’t as extensive as you’d see ordinarily, [and] I think with some of the underwriting processes, there were shortcuts.” . Cronan said the guidance “put a spotlight” on the value and importance of collecting multisource geolocation data that goes far beyond what’s historically been just the gathering of simple IP addresses.

Fraud Prevention 123

Fraud Prevention Government Governance Small Business 123

Stax

NOVEMBER 14, 2024

These can include terminal fees, early termination fees, setup fees, reprogramming fees, PCI compliance fees, address verification fees, chargeback and retrieval fees, and payment gateway fees. If you process sales that are outside of that approved range, the underwriters will issue a risk hold.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Payment APIs and Integration 88

M2P Fintech

APRIL 4, 2025

Traditional working capital loans from banks often fall short in addressing these specific needs, leading to cash flow issues and hindered growth. This blog explores the challenges in supply chain financing and how M2Ps Credit Stack is addressing them to empower businesses. What is Supply Chain Financing?

Finance 52

Finance Payment APIs and Integration Credit Cards Risk 52

PYMNTS

JUNE 15, 2020

.” He added that Aion decided to include access to Isabel accounts , which address local and regional compliance requirements, as well as invoice and payment transfer messaging structures tailored to the Dutch market. “Many more companies will seek out digital banking solutions,” he said. ”

Cross-Border 98

Cross-Border Non-Bank Addressing Underwriting 98

PYMNTS

OCTOBER 7, 2016

“This disconnect of all the different teams involved in the underwriting process is not just with the physical handoffs, but it also includes the data and analytics separations as well,” he stated. Data is vital to remaining competitive , he said. ”

Origination 78

Origination Underwriting Third-Party Service Provider Risk Mitigation 78

Fintech Review

JUNE 12, 2024

This includes ensuring data privacy and security, adhering to underwriting guidelines, and meeting reporting requirements. Successful integration requires change management strategies that address employee concerns and promote a culture of innovation.

Risk Assessment 96

Risk Assessment Regulatory Compliance Assessments Risk Management 96

PYMNTS

APRIL 9, 2019

However, as the company began to explore the points of friction that occurred prior to a trade finance transaction, Kocher said LiquidX learned more about the issues pertaining to risk underwriting and trade credit insurance, which similarly struggled with a lack of efficiencies. Combining Forces. Digitizing Together. ” .

Finance 63

Finance Underwriting Risk Mitigation Mitigation 63

Finovate

JUNE 16, 2025

With fast underwriting, competitive rates, and flexible repayment options, Autobooks Capital is designed to complement traditional lending programs by helping small businesses access working capital. The new short-term working capital tool is powered by embedded capital infrastructure provider Fundbox. “While Fintech 1.0

Small Business 40

Small Business Embedded Finance Enrollments Underwriting 40

Finovate

JULY 10, 2024

Generative AI: Extending the boundaries of what automation can do In this interview with Sarah Hinkfuss, Partner of Bain Capital Ventures, we learn how generative AI is transforming the way financial institutions leverage unstructured data, streamline processes, improve underwriting, and expand their product offerings.

Fraud Prevention 75

Fraud Prevention AI Automation Underwriting 75

PYMNTS

APRIL 3, 2019

The cyber insurance market is an emerging sector, Sayata Labs CEO and Co-Founder Asaf Lifshitz explained in a recent interview with PYMNTS, and insurance providers are facing some tough hurdles in underwriting and risk mitigation. Technology, Partnerships Address the Gaps. Rapid Expansion.

Small Business 63

Small Business Underwriting Risk Cybersecurity 63

The Fintech Times

OCTOBER 2, 2024

Addressing key challenges banks face Jayesh Patel, CEO of Wio Bank Jayesh Patel , CEO of Wio Bank PJSC said: “Our collaboration with Magnati addresses a key challenge for businesses—quick and easy access to finance. This approach allows businesses to access finance that fits their needs while supporting their long-term growth.

Embedded Finance 72

Embedded Finance Finance Point-of-Sale (POS) Underwriting 72

Stax

APRIL 3, 2025

This means the sub-merchants dont have to go through the lengthy and arduous underwriting process. Its also great for small businesses because it can eliminate many headaches associated with Know Your Customer (KYC) requirements, Anti-Money Laundering (AML) regulations, application processing, and underwriting.

Payment Solutions 88

Payment Solutions Payment APIs and Integration Payment Gateways Gateways 88

The Fintech Times

MARCH 12, 2024

As the world grapples with the increasingly urgent need to address climate change, industries across the board are being called upon to play their part in mitigating its effects. “Insurance companies must step up their efforts to address this challenge. .”

Mitigation 72

Mitigation Risk Underwriting Risk Assessment 72

Segpay

DECEMBER 22, 2023

This seems fitting since the underwriting and compliance processes can be a bit of a challenge. This holiday season, I wanted to give the gift of knowledge by sharing the top common compliance questions and how the right answers could keep you off the underwriter naughty list. And in a lot of situations, that answer is “no.” “Can

Money Laundering 103

Money Laundering Acquirers Processors Underwriting 103

PYMNTS

JULY 1, 2019

According to PayNet, the FSR addresses the problem of banks and other lenders that have traditionally had to manually collect financial data and create their own financial reports. On average, the company said, credit underwriting can take as long as 30 days to complete.

Automation 55

Automation Underwriting Small Business Encryption 55