Fintech News

DECEMBER 3, 2024

Andy Tan “Combining our disciplined risk management and underwriting technology with Valiram’s portfolio of world-class luxury and lifestyle brands supports their expansion into new consumer segments and business growth. said Mukesh Valiram, Executive Director of Valiram. said Andy Tan, Chief Commercial Officer, Atome.

Embedded Finance 117

Embedded Finance Underwriting Risk Management Finance 117

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 88

Underwriting Process Enrollments Payment APIs and Integration 88

Fintech Finance

DECEMBER 11, 2024

After the great reception we received from consumers in the US and UK last month, consumers in Canada will now have easier access to our fair, flexible and interest-free payments options when checking out on Apple Pay online and in apps. This is another big step toward our mission to offer consumers Klarna at every checkout.”

BNPL 98

BNPL Checks Credit Cards Payments 98

Fintech Finance

NOVEMBER 3, 2024

Affirm , the payment network that empowers consumers and helps merchants drive growth, has launched its flexible and transparent pay-over-time options in the UK. Affirm underwrites every individual transaction before making a real-time credit decision and only approves consumers following an assessment that evidences their ability to repay.

Consumer 98

Consumer Economy Regulatory Compliance Payment Networks 98

Fintech News

MAY 29, 2025

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

AI Risk Assessment Bots Underwriting 107

Finextra

JUNE 25, 2025

Imprint, the leading provider of modern co-branded credit cards, today announced a partnership with leading credit infrastructure and analytics company Nova Credit to introduce cash flow analytics to its suite of underwriting capabilities, unlocking a more real-time and granular view of consumer financial health, and expanding consumer access to credit. (..)

Underwriting 52

Underwriting Credit Cards Consumer 52

PYMNTS

NOVEMBER 23, 2020

But there’s a new data revolution underway and this one is on the consumer side, as financial data aggregators are very much in the news. It is an open banking platform on one level and it also is a data management platform for consumers on another. Big data, it used to be called. The latest developments come from Mastercard.

Consumer 117

Consumer Visa Use Case CFPB 117

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. Underwriting automation can help alleviate these issues to a great extent. Here are specific underwriting processes that can benefit from automation: 1.

Underwriting 52

Underwriting Automation Risk Assessment Assessments 52

Finovate

JUNE 24, 2025

Credit risk analytics company Carrington Labs announced a partnership with decision platform Taktile to help lenders optimize their credit risk strategies for both consumer and SMB loans. The models will also help them improve underwriting accuracy and launch faster without requiring major system overhauls or technical implementations.

Credit Risk 59

Credit Risk Risk Underwriting Fraud Detection 59

Fintech Finance

JULY 15, 2024

Regulatory clarity and consistent standards are critical for providers offering safe, transparent and responsible financial services and even more important for consumers who expect protections when utilizing financial services including Buy Now Pay Later,” said Phil Goldfeder, Chief Executive Officer of AFC.

Consumer Financial Protection Bureau (CFPB) 98

Consumer Financial Protection Bureau (CFPB) CFPB Rules BNPL 98

Fintech News

MARCH 17, 2024

With the guidelines in place, life insurers will be encouraged to innovate product designs that genuinely meet consumer needs while promoting positive behaviors. The guide simplifies the financial planning journey for consumers, providing easy to understand and implement rules of thumb for individuals at different life stages.

Consumer Protection 107

Consumer Protection Consumer Underwriting Authorization 107

Finextra

SEPTEMBER 10, 2024

MoneyLion”) (NYSE: ML), a digital ecosystem for consumer finance that empowers everyone to make their best financial decisions, today announced a partnership with Nova Credit, a leading credit infrastructure and analytics company, to activate cash flow underwriting within MoneyLion’s hosted decisioning engine. MoneyLion Inc.

Underwriting 52

Underwriting Finance Consumer 52

PYMNTS

DECEMBER 7, 2020

Small businesses face similar challenges that big retailers face when they transact online, because through marketplaces, they are able to reach out to millions of consumers," he told PYMNTS in a recent interview. Even after we are done with this pandemic, consumers have gotten used to shopping online.

Finance 142

Finance Small Business Underwriting B2C 142

Fintech Finance

JULY 26, 2024

Marqeta (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, today announced it is working with Visa and Affirm to offer the Visa Flexible Credential, a single card product that can toggle between payment methods, putting the power of choice in the hands of the consumer.

Credential 98

Credential Processors Issuers BNPL 98

The Paypers

OCTOBER 8, 2024

Plaid has announced its partnership with MoneyLion in order to introduce Layer and Consumer Report and provide lenders with access to cash flow underwriting insights.

Underwriting 41

Underwriting Consumer 41

Fintech Review

APRIL 4, 2025

Chandler, United States, April 4th, 2025, FinanceWire Fintech company DecisionFi, LLC is expanding its reach into underserved consumer markets with a suite of financing solutions designed for sectors often overlooked by traditional lenders. DecisionFi positions itself within this market, aiming to address evolving consumer and merchant needs.

Underserved 52

Underserved FinTech Underwriting Finance 52

The Payments Association

NOVEMBER 4, 2024

card is purpose-built with personalized statement cycles, smart card authorizations, and bespoke underwriting to streamline and stabilize digital ad payments for scaling global brands. About dash.fi is the world’s first charge card built exclusively for advertisers to help them scale ad spending and maximize the growth of their businesses.

Card Issuer 88

Card Issuer Underwriting Processors Issuers 88

FICO

AUGUST 29, 2022

FICO® Score Stays Steady at 716, as Missed Payments and Consumer Debt Rises. Each year, we provide insight into the national average FICO ® Score to help ensure consumers have a baseline measure of credit health standing. consumer reporting agencies (CRAs). Average U.S. by Ethan Dornhelm. expand_less Back To Top.

Consumer 98

Consumer Credit Cards Payments Government 98

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. How will the expansion into Asia, and the Middle East and Africa differ from LatAm?

Cross-Border Payments 96

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

Finovate

MARCH 17, 2025

Walmart shoppers will soon be able to use Klarnas installment loans in-store and online, with OnePay handling the user experience and Klarna underwriting the loans. OnePay will handle the user experience, while Klarna will be in charge of loan underwriting. The deal strengthens Klarnas U.S. “Millions of people in the U.S.

BNPL 59

BNPL Underwriting Agreements Volume 59

Fintech Finance

JUNE 13, 2025

based cryptocurrency platform, is the inaugural partner utilizing this infrastructure to build the Coinbase One Card, a premium consumer credit offering for Coinbase loyalty members integrated directly into the Coinbase digital experience. Coinbase (Nasdaq: COIN), the largest U.S.-based

Credit Cards 59

Credit Cards API Underwriting Bitcoin 59

PYMNTS

OCTOBER 19, 2020

He added that unlike consumer credit — where all the credit agencies use standard FICO scoring — FinTech lenders tend to craft their own their own methodologies. And the cost of underwriting a large borrower vs. a small SME was virtually the same.”. AI/ML Game Changer . Information Asymmetry.

AI 120

AI B2B Underwriting Non-Bank 120

The Payments Association

MARCH 18, 2025

As more jurisdictions refine regulations and expand open finance frameworks, the focus will shift to interoperability, consumer trust, and cross-industry data integration. Ultimately, this convergence fosters a more inclusive and efficient financial ecosystem, benefiting consumers and businesses alike. What’s next?

Finance 88

Finance Payment APIs and Integration Non-Bank Embedded Finance 88

The Fintech Times

MARCH 27, 2025

This collaboration comes at a time when consumer adoption of Affirm is rapidly increasing. More consumers than ever are Affirming the purchases they want and need, with active consumers growing 23 per cent YoY to a record 21 million and GMV surpassing $10billion (up 35 per cent YoY) in the quarter ending December 31, 2024.

Multi-Currency 59

Multi-Currency Payments On-Demand Underwriting 59

PYMNTS

DECEMBER 16, 2020

Zhang and his co-founder, Ansel Parikh, had been developing Finch initially as a way to integrate consumer lending products within online marketplaces and other businesses, unlocking those firms' customer data to underwrite financing. Solving for that to unlock payroll data in a consumable way is key to empowering developers, he said.

Payroll 116

Payroll Underwriting Use Case API 116

Fintech News

OCTOBER 13, 2024

These products are integrated within PasarPolis’ full-stack ecosystem, with Tap Insure serving as the underwriter for the insurance products. Steven Halim “Insurance plays a crucial role in our commitment to offering consumers and our driver-partners a secure and seamless experience.

Underwriting 122

Underwriting Volume Product Automation 122

Finovate

MAY 10, 2024

Experian launched Cashflow Attributes, a tool to offer lenders more data about underserved consumers. Cashflow Attributes offers lenders visibility into more than 900 consumer attributes that reflect consumers’ cashflow and affordability. Experian expects the new solution will help some of the 106 million U.S.

Underserved 59

Underserved Consumer Identity Theft Underwriting 59

Fintech Finance

OCTOBER 17, 2024

Consumers around the world have been asking for Klarna on Apple Pay, so I’m super proud to let them know it’s here! This is a big step toward our mission to offer consumers Klarna at every checkout.“ Klarna’s Pay in 4 payment offering gives consumers 4 fixed repayments for purchases between $35-$2,000, all interest-free.

Underwriting 111

Underwriting BNPL Payments Checks 111

Finovate

MARCH 25, 2025

“We started Truework to reinvent the way consumer data was collected and processed for maximum security and accuracy,” Truework CEO and Co-Founder Ryan Sandler explained. “From the early days, machine learning was a core part of our product. And it doesn’t work.

Verification 59

Verification Payroll API Underwriting 59

PYMNTS

DECEMBER 13, 2020

Legacy payment options, archaic systems, and traditional risk and credit underwriting models can be harmful, deceptive, and restrictive to both consumers and merchants.". Levchin was a co-founder of PayPal.

Point-of-Sale (POS) 134

Point-of-Sale (POS) BNPL Underwriting PayPal 134

Fintech News

JANUARY 15, 2024

Thailand-based Roojai Group announced the acquisition of Lifepal , an Indonesian digital direct-to-consumer (D2C) insurance marketplace, according to a report by TechNode Global. The firm had raised an oversubscribed US$9 million Series A funding round in August 2021, bringing the total capital raised to US$12 million.

Acquirers 118

Acquirers Underwriting Continuity FinTech 118

The Fintech Times

JUNE 28, 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. Previously, insurers provided policies, and consumers would come to them.

On-Demand 59

On-Demand Online and Mobile Banking Underwriting AI 59

PYMNTS

DECEMBER 28, 2020

The consumer has learned how to really work with eCommerce.”. What 2020 more or less forced consumers to do, he said, is climb over “the barrier of that first purchase” that had heretofore kept them out of the digital-first economy. Consumers in Brazil, he said, have also found a love of contactless payments.

Underwriting 88

Underwriting Contactless Payments Consumer Underserved 88

PYMNTS

DECEMBER 15, 2020

It's not only consumer transactions that are feeling the pains of an industry reliant on cash, either. Because consumer transactions continue to rely on cash, the accounts receivable (AR) and accounts payable (AP) processes within the supply chain can be fragmented.

Legal 111

Legal B2B Underwriting Payment Reconciliation 111

Payments Dive

AUGUST 29, 2023

With payments set to resume in October, the buy now, pay later provider is factoring consumers’ student loan balances into its underwriting decisions.

Underwriting 78

Underwriting Consumer Payments 78

Stax

NOVEMBER 14, 2024

They issue cards to consumers and are a part of card associations. PCI Compliance PCI, which stands for Payment Card Industry, is a set of standards put in place to protect the sensitive information of consumers and ensure proper security measures are being taken at establishments that accept credit cards. Read on for more specifics.

Credit Cards 88

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

Fintech Finance

SEPTEMBER 20, 2024

United by a common mission of expanding financial access, this partnership between two of Canada’s leading fintechs will bring more credit options to consumers overlooked by traditional financial institutions. Expected to launch in Q4 2024, the partnership will accelerate growth for both companies while helping more and more Canadians.

Underserved 98

Underserved Underwriting AI Product 98