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From open banking to open finance and beyond: The future of financial data-sharing

The Payments Association

Open data, in turn, enriches these offerings, enabling innovative credit scoring and risk assessment beyond traditional banking channels. By combining payment flows with broader financial datasuch as rental history, savings patterns, and income variabilitylenders can offer dynamic, real-time credit assessments.

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Banks and the Power They Hold

Fintech Review

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.

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What Are Merchant Category Codes (MCCs)?

EBizCharge

Specialized reward programs: MCCs allow credit card users to participate in specialized reward programs. Fraud detection and risk assessment: MCCs assist fraud detection and risk assessment operations by flagging suspicious transactions. It also aids in matching transactions to specific accounts during financial audits.

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Fintech Conference Boom: Where Innovation Meets Influence

Fintech Review

Investors from angel groups to global VCs attend to scout, assess, and network. In 2025, key topics include open finance, embedded payments, regtech, AI in underwriting, blockchain use cases, and the rise of sustainable finance. Virtual participation increases access, but in-person attendance still offers deeper engagement.

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Insurtech Outlook: How Can Insurance Firms Best Prepare for the Future?

The Fintech Times

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. To find out, we once again asked industry participants for their views. Here’s what they had to say.

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Insurance Brokerage Launches Cybersecurity Assessment Service

PYMNTS

The plan, which illustrates the growing dangers of hacking, is meant to create an assessment system for the most viable cybersecurity defenses available to businesses. The unit will collect and analyze scores from insurers participating in the program, aiming to find the services that most effectively reduce the risk from cyber hackers.

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Home Credit China Cuts Risk by 25 Percent on Thin File Loans

FICO

The introduction of the score has enabled Home Credit to underwrite and evaluate new clients with a thin file more objectively. The team has been methodical in building a dynamic and robust scoring tool and Home Credit participates on the development. They are one of our most sophisticated clients in terms of advanced analytics.”.