Remove Assessments Remove Risk Remove Underwriting
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Merchant Underwriting: What It Is, How It Works, and Why It’s Important

Stax

The merchant underwriting process is a critical step that payment processors and financial institutions use to assess the risk associated with onboarding new businesses. Key steps include application review, risk assessment, credit checks, and compliance verification. What is the Purpose of Merchant Underwriting?

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Carrington Labs Partners with Taktile to Streamline Credit Risk Strategy for Lenders

Fintech News

Carrington Labs, a Sydney-based provider of customised cash flow underwriting models and credit risk analytics, has formed a partnership with Taktile, a New York-based decision platform, to assist consumer and SME lenders in refining their credit risk strategies.

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Protecting Growth from Cost-Based Uncertainties: ChAI Launches AI Driven Price Risk Insurance

The Fintech Times

To provide insurance to companies of all sizes against pricing risk at a time of unprecedented volatility in the raw materials market, ChAI , the AI-driven commodity intelligence company, has launched ChAI Protects. ChAI Protect is already utilised by large publicly traded firms and is underwritten by tier one, A-rated, underwriters.

Risk 64
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Medical record automation: How a leading underwriting provider transformed their document review process

Nanonets

Life insurance companies rely on accurate medical underwriting to determine policy pricing and risk. These calculations come from specialized underwriting firms that analyze patients' medical records in detail. One leading life settlement underwriter found their process breaking under new pressures.

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bolttech Partners with AWS to Deploy Generative AI Across Operations

Fintech News

Beyond customer support, bolttech’s Gen AI Factory enables internal teams to develop and deploy generative AI applications across the insurance value chain, including underwriting, claims handling, customer service, and product development.

AI 107
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Cyber Risk Transparency Is Good for Insurance – and Business

FICO

ESS can be used by an enterprise to understand its cyber risk and shore up defense gaps. 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.

Risk 97
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SMB Loan Underwriting Prepares For Turbulent Times

PYMNTS

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.”