Fintech Review

MAY 10, 2025

Banks assess creditworthiness using internal models, regulatory guidelines, and risk policies. Until access to credit becomes more open and decentralised, banks will continue to shape who can participate in the economy. Many banks now partner with fintech firms to improve onboarding, underwriting, KYC, or user engagement.

Central Bank

Stax

MAY 6, 2025

Credit cards are a staple in the wallets of consumers today, and they will undoubtedly be a payment method of choice for years to come, particularly as the adoption of mobile and contactless payments continues to grow. In fact, ResearchAndMarkets.com forecasts the global credit card payment market to grow to $762.16

Credit Cards

Fintech Review

APRIL 11, 2025

Whether youre an entrepreneur, investor, policymaker, or simply curious, this guide offers a clear, structured overview of the fintech sector as it continues to evolve. They use alternative credit scoring methods and automated underwriting. Their technology reduces friction in both consumer and business transactions.

FinTech

M2P Fintech

APRIL 11, 2025

With the gold loan market continuing to expand, particularly in rural and semi-urban India, this framework focuses on improving underwriting, valuation, collateral safety, and end-use transparency. Background: Current State of Gold Lending RBIs review uncovered widespread irregularities and recurring issues in gold loan practices.

Due Diligence

M2P Fintech

APRIL 4, 2025

The new-age credit stack can do this efficiently with smarter underwriting capabilities, integrated data collection mechanisms and ability to automate workflows in the process. Improved Risk Management To assess credit risk accurately, new-age credit stack incorporates advanced algorithms and real-time analytics.

Finance

Fintech Weekly

JULY 24, 2025

Yet today, it’s a durable and growing segment of the workforce — one that continues to face structural exclusion from financial systems built for different assumptions. Legacy underwriting models, designed around salaried employment and predictable income, often exclude this group by default. Two decisions stand out.

Economy

Nanonets

NOVEMBER 13, 2024

Below is a comparative table to help you efficiently explore and assess the top hyperscience alternatives. Nanonets also automates document-heavy workflows such as accounts payable , claims and order processing, insurance underwriting , etc.  Speeds up insurance underwriting with data extraction and classification.

Automation

Fintech Weekly

JULY 10, 2025

As more capabilities are created through the continuously increasing use of artificial intelligence (AI) and machine learning, risks to the security of personal financial information will likewise remain constant. Another significant factor is that many organizations throughout the industry continue to run their systems on legacy software.

Technology

The Fintech Times

JUNE 24, 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. When exploring some of the biggest emerging trends in the insurtech industry, one recurring theme was AI. “The

AI

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

Payments Dive

JULY 11, 2025

Skip to main content CONTINUE TO SITE ➞ Dont miss tomorrows Payments industry news Let Payments Dives free newsletter keep you informed, straight from your inbox. Current FHA policies “largely exclude” BNPL loans from underwriting determinations, HUD said. You can unsubscribe at anytime.

BNPL

The Fintech Times

JULY 21, 2025

Led by Tanmay Gore , director of Intersys India, the Mumbai-based office is addressing a key challenge in the market: the difficulty of assessing and pricing cyber risk for organisations that often lack dedicated IT security resources.

Risk Assessment

PYMNTS

MARCH 23, 2020

But after years of finding SMBs too unprofitable to finance, lenders have to play catch-up to develop better underwriting processes for greater accuracy and efficiency. “But at the same time, they have all lacked a credible tool to conduct an assessment of these [SMBs] in an independent way.”

Underwriting

Stax

DECEMBER 20, 2023

From there, your users must go through an application and underwriting process that determines their eligibility to accept payments. TL;DR Merchant underwriting is the risk level assessment process an acquiring bank carries out on every new merchant before they grant them a merchant account. What Is Merchant Underwriting?

Underwriting

PYMNTS

JUNE 24, 2020

The insurance industry is all about risk mitigation, and not only when it comes to underwriting policies. Field adjusters aren’t able to physically assess a case, noted Reuter, and over-the-phone strategies have slowed down the process of closing cases and issuing payouts. Prioritizing Business Continuity.

Business Continuity

EBizCharge

NOVEMBER 12, 2024

Merchant underwriting is an essential component of the payment processing industry, ensuring the safety and security of electronic payments. This article will explore the mechanics of merchant underwriting, from the essential steps involved in the process to the factors influencing it. What is merchant underwriting?

Underwriting

Nanonets

SEPTEMBER 27, 2024

Traditional (manual) underwriting processes often struggle to keep pace with the growing complexity of modern risk assessment, data collection, and policy management. These include customer applications, financial records, medical reports, and external risk assessments such as geographic or weather-related data.

Underwriting

PYMNTS

MARCH 10, 2020

Inaccurate and slow credit risk assessment for [small- to medium-sized business (SMB)] commercial loan requests is one of the major reasons that over 50 [percent] of loans are currently declined by financial institutions (FIs),” said Roger Vincent, chief innovation officer at Trade Ledger.

Risk Assessment

FICO

OCTOBER 27, 2016

It is also an important assessment tool for third parties such as potential business partners and, notably, cyber insurance providers. The number of underwriters active in the US market is growing rapidly as well, with a double-digit CAGR. The lingua franca of cyber breach underwriting .

Risk

Fintech News

JUNE 12, 2024

It integrates an advanced cyber risk exposure scanning solution into the underwriting process. This technology enhances risk assessment by generating a real-time security posture score within a minute, allowing eligible small and medium-sized enterprises to obtain instant policy issuance in under 10 minutes.

Risk Assessment

Fintech Review

JUNE 12, 2024

We explore the innovations in personalised insurance products, the role of IoT devices in data collection and risk assessment, and the challenges faced by established insurance companies integrating new technologies. Enhanced Risk Assessment IoT data provides insurers with a more accurate understanding of risk profiles.

Risk Assessment

The Fintech Times

APRIL 15, 2024

Artificial Intelligence (AI) has dominated discussion across all fintech sub-sectors for at least the last couple of years and continues to do so. “By analysing big data and rapidly assessing risks, AI empowers financial companies to make well-informed decisions. Take embedded insurance as a good example here.

Embedded Finance

FICO

JULY 28, 2020

The market for cyber insurance continues to gain momentum. However, with a lack of reliable information available to feed into the underwriting process, how can insurance companies find an accurate way to assess the policy buyer’s risk profile? It seems daily, a new high-profile data breach is reported.

Underwriting

The Fintech Times

MARCH 26, 2024

.” Flood risk Bob Schiller , director of product innovation at insurer SageSure addresses the significant gap in flood insurance coverage by highlighting the role of data in accurately assessing flood risk and facilitating insurers’ adaptation to evolving risks. times more properties that have substantial flood risk.

Underserved

PYMNTS

AUGUST 28, 2017

The machine learning study compared results from a Ford Credit scoring model with a machine learning model developed by ZestFinance using its underwriting platform to do deeper analysis of applicant data. Machine learning-based underwriting will be a game-changer for lenders, opening entirely new revenue streams.

Credit Risk

Fintech News

AUGUST 12, 2024

Despite facing funding challenges and navigating complex market conditions, the fintech sector in India continues to grow and evolve, with several emerging fintech trends in India poised to shape the future of the industry. Progress in this area will streamline international transactions and reduce costs for consumers.

Embedded Finance

CB Insights

MARCH 4, 2021

As companies continue to transition to the cloud, cybersecurity remains a major concern amid growing cyber losses. Allianz and Munich Re will integrate with Google Cloud in order to access customers’ data in order to better assess the cyber risks they face and provide more personalized protection.

Cybersecurity

Finovate

SEPTEMBER 23, 2024

The technology will also proactively adjust portfolios based on market trends, economic forecasts, and client life changes, continuously aligning investments with a client’s long-term goals. Real-time risk assessment To reduce operational risks, Agentic AI can autonomously assess the organization and market in real time.

AI

PYMNTS

OCTOBER 7, 2016

“Closing the gap of what insights were utilized in extending credit, to what insights are used to continue the utilization of credit, is critical for financial institutions today.” He offered the example of banks using analysis of financial statements to assess risk in the loan origination process.

Origination

Nanonets

DECEMBER 13, 2023

A survey by Accenture on underwriting employees found that up to 40% of underwriters’ time is spent on non-core and administrative activities. When errors occur, the system can adapt and improve over time through continuous learning, ultimately enhancing the accuracy of future data extractions.

AI

CB Insights

NOVEMBER 3, 2022

With climate-related losses expected to continue climbing, insurers will need more granular, real-time climate data and enhanced analytics capabilities to accurately price policies and manage claims. Why it matters: Climate change is already causing more severe and frequent catastrophes — and this trend will continue.

Underwriting

PYMNTS

NOVEMBER 3, 2020

Bloomberg is providing the data in the current global economic crisis to aid the markets with ready, accessible information that is timely and transparent for active credit assessments and predictive models to assess the volatility of the current market. They can also assess ongoing credit quality.

Credit Risk

Stax

AUGUST 22, 2024

PayFacs handle risk assessment, underwriting, settling of funds, compliance, and chargebacks which exposes them to greater potential risks. Implementing an effective risk management framework can help you minimize the impact of potential threats, ensure business continuity, and recover quickly in the face of adversity.

Risk Management

Fintech News

SEPTEMBER 4, 2024

Jenfi uses a proprietary risk assessment engine that evaluates both a business’s creditworthiness and its marketing growth efficiency. This integration provides Jenfi with real-time data on a company’s revenue growth and marketing return on investment, enabling continuous monitoring and fast underwriting decisions. With a US$6.6

FinTech

The Fintech Times

JULY 31, 2024

” With ZestyAI models, carriers are able to move from territory-based segmentation to a property-by-property risk assessment. They also benefit from enhanced underwriting and portfolio optimisation and can more accurately align policies with coverage needs. “Amica earned the top spot in the J.D.

Risk

PYMNTS

DECEMBER 28, 2020

But maybe the most dramatic and realistic assessment comes from Pedro DePaula , director of MercadoLibre ’s MercadoCrédito division. A rapidly changing world, he said, meant changes for MercadoLibre as well, particularly in its underwriting business MercadoCrédito. The digital compression of 2020 has drawn a wide range of speculation.

Underwriting

Fintech Finance

JULY 15, 2024

By leveraging line-by-line transaction data, Recap’s credit risk engine can assess a merchant and return a funding offer in under two minutes without any further underwriting requirements such as a credit check on the owner or management accounts or business bank statements.

ATM