Remove Continuity Remove Risk Mitigation Remove Underwriting
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Intersys Launches in India, Enabling Local Insurers and Brokers to Better Protect Clients

The Fintech Times

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.

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The Role of Digital Payouts In Mitigating The Insurance Industry’s Business Continuity Risks

PYMNTS

The insurance industry is all about risk mitigation, and not only when it comes to underwriting policies. Averse to the risk of change, the property and casualty (P&C) insurance arena has been resistant to embrace electronic payments when disbursing funds to claimants. Prioritizing Business Continuity.

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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. This presents a gap in the market and an opportunity for FinTechs to fill it with automated underwriting technologies, like an automated small business credit score.

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Resilience Launches New Cyber Risk Tools to Empower Clients to Improve Their Risk Mitigation

The Fintech Times

NetDiligence, the cyber risk firm, revealed that both average ransom demands and average incident costs have skyrocketed since 2018, in its latest Cyber Claims Study. ” The post Resilience Launches New Cyber Risk Tools to Empower Clients to Improve Their Risk Mitigation appeared first on The Fintech Times. .

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Rethinking The SME Loan Underwriting Model In Southeast Asia

PYMNTS

The small business credit gap is a global issue, a problem that banks and FinTechs continue to hack away at, yet one that remains stubbornly persistent. Traditional banks will require credit histories and collateral to underwrite a small business loan, both of which many SMBs in Southeast Asian nations lack.

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‘Critical’ That Businesses Improve Risk Mitigation and Security as AI Threat Increases, Says Lloyd’s

The Fintech Times

. “Generative AI is not the first, and won’t be the last, disruptive technology to impact the cyber threat landscape, so it is critical that businesses improve their risk mitigation, security and defence technologies, as well as seek appropriate risk transfer today, more than ever before.”

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How Opening Bank Data Can Transform SMB Lending

PYMNTS

Open banking’s impact on small- to medium-sized businesses (SMBs) continues to proliferate as traditional financial institutions (FIs) embrace the opportunity to unlock data for third-party platforms. ’s experience with open banking continues to be closely monitored in other markets around the world, including the U.S.,