PYMNTS

NOVEMBER 2, 2020

Bloomberg customers will now be able to use the news site's terminal to look at Credit Benchmark 's credit risk data, which comes from risk views of the world's largest financial institutions, according to a press release. They can also assess ongoing credit quality.

Credit Risk 85

Credit Risk Risk Risk Management Assessments 85

PYMNTS

NOVEMBER 3, 2020

Today in B2B, Bloomberg broadens its credit risk data pool, and two ERP solutions secure B2B payments integrations. Bloomberg To Incorporate Credit Risk Data. The release stated firms have more often been looking for data to validate their own internal counterparty and credit risk assessment.

Credit Risk 88

Credit Risk B2B Risk ISO 20022 88

FICO

MARCH 25, 2020

Home Credit , a global non-bank consumer lender, has successfully reduced its credit risk while maintaining loan volumes and keeping approval rates steady by incorporating the FICO® Score X Data to optimize its loan process in China. This type of financial inclusion is good for the consumer and good for our business. by FICO.

Risk 97

Risk Point-of-Sale (POS) Financial Inclusion Risk Assessment 97

PYMNTS

OCTOBER 9, 2018

Depending on who is mouthing the phrase, one might hear it as “appetite for risk” or “risk appetite.” Risk is what someone takes on, ostensibly for some measure of gain, perhaps outsized gains at that. There is always the risk that these lenders will not get paid back. Risk Gets Riskier.

Credit Risk 64

Credit Risk Risk Credit Cards PayPal 64

Payments Source

JANUARY 28, 2020

Alternative lending companies are one of the strongest examples of how leveraging rich financial transaction data can be used to go beyond traditional credit risk assessments, says Finsync's Eddie Davis.

Underwriting 84

Underwriting Risk Assessment Payments Data Digital Payments 84

Stax

AUGUST 22, 2024

In this article, we’ll discuss what SaaS companies looking to become payment facilitators need to know about risk management strategies. PayFacs handle risk assessment, underwriting, settling of funds, compliance, and chargebacks which exposes them to greater potential risks.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

PYMNTS

NOVEMBER 10, 2020

The fact is, they had a belief that by deploying machine-learning underwriting that they’d be able to create a more durable lending system that could weather the storm.”. The time for machine-learning underwriting is now, especially with the uncertainty of COVID and the uncertainty of next year's economic environment.”.

AI 138

AI Underwriting Credit Risk Shutdown 138

Finezza

APRIL 23, 2025

However, traditional credit scoring models do not account for an individuals lack of credit history or other important parameters, including […] The post Behavioral Scoring: The Smart Approach to Line of Credit Risk Management appeared first on Finezza Blog.

Credit Risk 52

Credit Risk Risk Management Risk Underserved 52

Finezza

APRIL 23, 2025

However, traditional credit scoring models do not account for an individuals lack of credit history or other important parameters, including […] The post Behavioral Scoring: The Smart Approach to Line of Credit Risk Management appeared first on Finezza Blog.

Credit Risk 52

Credit Risk Risk Management Risk Underserved 52

PYMNTS

AUGUST 28, 2017

ƒFord Motor Credit Co. 25) that it will implement machine learning credit approval models to determine if it will lend a consumer money as it goes after a segment of the market that doesn’t have a solid credit history. Although these consumers may have steady jobs, their creditworthiness is heavily based on credit history.

Credit Risk 41

Credit Risk Assessments Risk Underwriting 41

FICO

AUGUST 16, 2019

It’s difficult to define the problem and many banking professionals debate the merits of who “owns” the first-party fraud problem — the credit risk group or the fraud group. The Relationship Between Credit Risk and First-Party Fraud. Credit Risk and Fraud Across the Customer Lifecycle.

Credit Risk 40

Credit Risk Risk Identity Theft Account Takeovers 40

FICO

APRIL 28, 2023

Credit Risk and FICO Score Trends? credit risk and FICO® Score trends. At the same time, increasing adoption of recent innovations in credit scoring solutions should benefit consumers, leading to greater consumer empowerment opportunities and credit access.

Credit Risk 52

Credit Risk Risk Risk Assessment Assessments 52

Bank Automation

SEPTEMBER 23, 2024

Auto lenders are incorporating artificial intelligence into their processes to improve customer service automation and credit decisioning while eyeing uses for underwriting.

AI 81

AI Underwriting Credit Risk Automation 81

PYMNTS

APRIL 16, 2019

But it occurred to them that their solution was useful outside of HR — and that many of the things that made someone a good hire of over time could also make them a good credit risk over time, if the artificial intelligence (AI) model they were using to screen with were modified to that task.

Risk 89

Risk AI Underwriting Assessments 89

PYMNTS

NOVEMBER 30, 2018

Understanding risk, particularly its sources and how to most effectively manage it, is one of the most fundamentally important topics in payments for those who provide services and those who use them. On one level, risk itself has not fundamentally changed in the last few decades,” Aberman explained. “As The Expanded World Of Risks.

Risk Management 65

Risk Management Risk Underwriting Payments 65

PYMNTS

JANUARY 25, 2019

Equipment finance company CapX Partners has announced an integration of Moody’s Analytics technology to strengthen its underwriting and risk mitigation capabilities. The company issued a press release on Thursday (Jan.

Underwriting 43

Underwriting Small Business Risk Mitigation Underserved 43

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 52

Risk Assessment Assessments Risk Underwriting 52

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 105

ATM Credit Risk On-Demand Underwriting 105

The Fintech Times

APRIL 15, 2024

“By analysing big data and rapidly assessing risks, AI empowers financial companies to make well-informed decisions. Natasa Kyprianidou, senior director at Alvarez & Marsal “Traditional credit decision timelines, extending over weeks or months, have been dramatically shortened to seconds thanks to AI-driven algorithms. .

Embedded Finance 134

Embedded Finance AI Finance Assessments 134

FICO

MAY 6, 2019

FICO Scores Are Not Fixed Estimates of Credit Risk. The FICO ® Score is designed to rank-order the likelihood that a borrower will repay their loan(s), with higher scoring borrowers representing lower risk, and lower scoring borrowers representing higher risk. The simple answer is no. So what are some of these factors?

Underwriting 75

Underwriting OCC Credit Risk Risk 75

FICO

DECEMBER 8, 2022

Addressing Portfolio Risk in Economic Uncertainty: Part 2 (2022). Building portfolio risk resilience into customer acquisition. If we think of a lending portfolio as an exclusive night club, its underwriting policy acts as the doorperson, checking IDs and making sure anyone trying to enter meets minimum acceptance criteria.

Addressing 52

Addressing Risk Underwriting Risk Management 52

FICO

MAY 25, 2021

If we think of a lending portfolio as a night club, its underwriting policy acts as the doorperson, checking IDs and making sure anyone trying to enter meets documented criteria. FICO® Scores, often an important contributor to underwriting strategies, are designed to provide valuable risk rank-ordering through all economic cycles.

Risk 52

Risk Addressing Underwriting Economy 52

FICO

AUGUST 28, 2020

The FICO® Score has been a stable and highly effective tool for rank ordering credit risk through prior fluctuations in economic conditions, and we expect the FICO® Score to continue to provide strong risk rank ordering through the current COVID-19 pandemic.

Underwriting 94

Underwriting Economy Risk Credit Risk 94

The Fintech Times

JULY 16, 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 96

ATM Transactions Credit Risk On-Demand 96

PYMNTS

DECEMBER 15, 2020

One of the biggest challenges in the B2B cannabis supply chain is the inability for wholesalers to offer payment terms and trade credit to their buyers. Because the industry is dominated by startups, a lack of historical business data makes underwriting a challenge.

Legal 111

Legal B2B Underwriting Payment Reconciliation 111

PYMNTS

OCTOBER 20, 2016

The credit management platform automates aspects of customer credit management, from credit approval, to online ordering, to invoicing and collections. “We We work with third-party banks to underwrite all orders placed on terms so sellers are paid out within 24 hours and take zero credit risk,” said Noble. “We

B2B 73

B2B Underwriting Credit Risk Payments 73

Fintech Finance

SEPTEMBER 18, 2024

But building financial services capabilities in-house is costly, time-consuming, and creates significant regulatory and financial risk. For Brex Embedded partners, their customers can make fast, secure global payments in virtually any currency, all while automating their existing financial workflows and payment reconciliation.

Global Payments 105

Global Payments Payment APIs and Integration Embedded Payments Reconciliation 105

Finextra

JULY 17, 2024

Stratyfy, a women-led fintech confronting bias in AI and optimizing credit risk decisions with transparent machine learning solutions, today announced its strategic partnership with Prism Data, a leading cash flow underwriting and data analytics platform.

Underwriting 52

Underwriting Credit Risk AI Risk 52

The Fintech Times

SEPTEMBER 11, 2024

MoneyLion has teamed up with Nova Credit to integrate cash flow underwriting into its decisioning engine, enabling credit issuers on its platform to access more comprehensive data for evaluating consumers’ financial health.

Underwriting 59

Underwriting Risk Management Credit Risk Issuers 59

PYMNTS

JUNE 1, 2020

invoice insurance provider Nimbla is teaming up with the credit risk assessment firm Wiserfunding , according to a report in Crowdfund Insider on Friday (May 29). s SMEs if they combine the various innovations from the FinTech space, insurance and risk management sectors.”.

Risk Assessment 67

Risk Assessment Risk Management Underwriting Credit Risk 67

PYMNTS

MARCH 14, 2017

Stepping onto the international market means exposure to new types of risk, including the risk of non-payment from a foreign, unfamiliar corporate client. Euler Hermes is just one company aiming at this space, providing businesses with trade credit insurance. Those fears aren’t necessarily unfounded, either.

Risk 54

Risk Payment APIs and Integration AFP Small Business 54

Segpay

DECEMBER 22, 2023

This seems fitting since the underwriting and compliance processes can be a bit of a challenge. This holiday season, I wanted to give the gift of knowledge by sharing the top common compliance questions and how the right answers could keep you off the underwriter naughty list. And in a lot of situations, that answer is “no.” “Can

Money Laundering 103

Money Laundering Acquirers Processors Underwriting 103

PYMNTS

JUNE 17, 2020

Gianluca Pizzituti , CEO and co-founder of invoice financing platform Velotrade , told PYMNTS about the risks financiers must mitigate in the trade finance arena, the role of data in mitigating those threats, and the evolving role of invoice finance to help B2B companies endure the most volatile market many have seen in years.

Finance 68

Finance Mitigation B2B Underwriting 68

PYMNTS

JULY 18, 2017

The Chicago-based provider uses predictive analytics and digital decisioning to understand customers and make optimal decisions, mitigating fraud and risk. Many of its customers have subprime credit, so making the right decision out of the gate is a critical part of protecting its revenue and reputation. “As

Underwriting 58

Underwriting Verification Payment APIs and Integration Credit Risk 58

FICO

FEBRUARY 25, 2019

After a 2018 that had its highs and lows, what might 2019 have in store from a credit risk management standpoint? Here are three key developments in credit scoring that we will be keeping an eye on in the new year: Consumer-Contributed Data Takes Center Stage. Risk in Bankcard Originations on the Rise.

Credit Risk 63

Credit Risk Underwriting Origination Fed 63

FICO

MAY 7, 2018

Some of the top thought leaders in banking, finance, artificial intelligence, machine learning, and credit risk came together in San Francisco to discuss the key trends and innovations in our industry. A key driver of successful financial inclusion is the ability for lenders to effectively gauge the risk of an underserved consumer.

Financial Inclusion 77

Financial Inclusion Innovation Credit Risk Underserved 77

Tearsheet

AUGUST 7, 2024

Morgan’s financial strength and Slope’s innovative approach to credit risk assessment and monitoring. The fact that they not only use AI for initial underwriting, but also for the ongoing risk monitoring of the portfolio, is what really attracted us to Slope. The partnership brings together J.P.

AI 59

AI B2B Finance Underwriting 59