PYMNTS

MAY 29, 2018

And, Experian’s report notes, both consumers and lenders are getting increasingly interested in “those much more comprehensive profiles” becoming a standard part of the underwriting process. A fuller look at data, said DeSaulniers, gives underwriters a cleaner picture of how prime that score really is. What’s Next.

Financial Inclusion 62

Financial Inclusion Underwriting Credit Cards Disputes 62

Fintech News

MARCH 17, 2025

” This event will focus on key topics such as digital banking solutions and trends in commercial payments, providing valuable insights into how technology is transforming the financial sector. Topics will range from Central Bank Digital Currencies (CBDCs) to financial inclusion and AI-driven banking solutions.

FinTech 86

FinTech Cybersecurity AI Financial Inclusion 86

The Fintech Times

MARCH 12, 2025

This partnership is a testament to our shared vision of enabling financial inclusion and innovation, said Hassan Reda , co-founder and chief product officer at CredibleX. This collaboration with CredibleX helps the credit-as-a-service platform make more informed lending decisions, reduce underwriting time, and enhance risk management.

Visa 76

Visa Financial Literacy Small Business Payments 76

PYMNTS

SEPTEMBER 15, 2017

Good credit isn’t built overnight, and neither are underwriting systems that help consumers build it. “We have to get more people into the tent, and we have to make the tent a better fit … that is where FinTech comes in,” Tailor said. “We We have to change this entire system.”. Creating the Right Conditions.

Financial Inclusion 79

Financial Inclusion FinTech Credit Cards Caps 79

PYMNTS

JANUARY 3, 2020

Yet, the vast majority of small firms in India remain underbanked, according to SOLV CEO Nitin Mittal, who recently told PYMNTS that opportunities to drive B2B eCommerce in India are not only vast, but open doors to support digitization and financial inclusion for SMBs. Addressing The Digitization Gap.

Financial Inclusion 48

Financial Inclusion On-Demand FinTech Small Business 48

FICO

MARCH 25, 2020

The introduction of the score has enabled Home Credit to underwrite and evaluate new clients with a thin file more objectively. For its achievement, Home Credit was awarded the 2019 FICO® Decisions Award for Financial Inclusion. This type of financial inclusion is good for the consumer and good for our business.

Risk 97

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

The Fintech Times

MARCH 26, 2024

As insurers strive to meet the evolving needs of a digitally-savvy customer base while addressing the persistent challenge of financial inclusion, they are increasingly turning to fintech solutions. “These solutions enhance accessibility by providing digital insurance options tailored to the needs of underserved communities. .

Underserved 115

Underserved FinTech Financial Inclusion Risk 115

FICO

AUGUST 16, 2021

FICO Applauds FHFA Inclusion of Rental Data in Underwriting. This is a significant step forward in the use of alternative data in underwriting, and the FHFA and Fannie Mae are to be commended. . that show a personal financial history that isn’t captured by the credit bureaus. Joanne Gaskin. Mon, 08/16/2021 - 18:53.

Underwriting 52

Underwriting Risk Assessment Assessments Financial Inclusion 52

Fintech News

MAY 28, 2024

Embrace Financial Inclusion One of the key drivers behind the success of Nubank has been its unwavering commitment to financial inclusion — a major focal area for APAC digital banks as well. This presents a massive untapped market for digital banks willing to prioritise financial inclusion.

APACS 128

APACS Financial Inclusion Online and Mobile Banking Disaster Recovery 128

Fintech News

AUGUST 12, 2024

Technology firm Microsoft is working with Axis Bank and Aditya Birla Capital, among others, to deploy processes using genAI to transform contact centers, boost sales and overhaul claims and underwriting processes. Holistic inclusion, beyond financial inclusion Holistic inclusion is another key theme in the financial sector.

Embedded Finance 113

Embedded Finance FinTech Non-Bank Cross-Border 113

The Fintech Times

JANUARY 23, 2025

We often explore how fintechs are changing the banking and payments landscapes, and sometimes look into how their solutions are supporting financial inclusion and helping people develop healthy financial habits.

FinTech 65

FinTech Financial Literacy Cross-Border Online and Mobile Banking 65

The Payments Association

MARCH 18, 2025

In India, telecom data is being leveraged to assess first-time borrowers, while in Kenya, mobile money transaction data is already driving credit underwriting for underserved populations. While some governments prioritise competition and innovation, others focus on financial inclusion, consumer protection, or market-driven adoption.

Finance 88

Finance Payment APIs and Integration Non-Bank Embedded Finance 88

Fintech Review

MAY 10, 2025

Many banks now partner with fintech firms to improve onboarding, underwriting, KYC, or user engagement. Customers, regulators, and the public expect them to support sustainable finance, financial inclusion, and ethical data use. The Rise of Bank-Fintech Collaboration Increasingly, the future is not banks versus fintech.

Central Bank 52

Central Bank Push-to-Card FedWire Regulations 52

M2P Fintech

MARCH 24, 2025

This includes employing machine learning algorithms to automate parts of the loan application and underwriting process, as well as using digital platforms to facilitate communication between borrowers, lenders, and other relevant parties. For instance, the increase in use of digital and automated processes is likely to continue.

Payment APIs and Integration 52

Payment APIs and Integration Blockchain Regulatory Compliance Compliance 52

PYMNTS

MAY 1, 2018

“Machine learning is the answer to the financial inclusion problem.”. It’s a bold statement, considering that the lending space is still trying to articulate what, exactly, the financial inclusion problem is — and everyone else is still trying to figure out what, exactly, “machine learning” means and why it matters to them.

Underwriting 57

Underwriting Financial Inclusion Compliance AI 57

Finovate

JULY 18, 2024

AI technology company Stratyfy announced a strategic partnership with cash flow underwriting and data analytics platform Prism Data. AI technology company Stratyfy has forged a strategic partnership with cash flow underwriting and data analytics platform Prism Data. .”

Underwriting 59

Underwriting Financial Inclusion Returns AI 59

Fintech News

OCTOBER 28, 2024

These awards highlight companies and individuals whose fintech initiatives have contributed to advancing financial technology, promoting financial inclusion, and improving service delivery. RCBC Diskartech is a multilingual financial inclusion application, available in Taglish (Tagalog-English) and Cebuano.

AI 108

AI FinTech Innovation Payment APIs and Integration 108

Fintech Review

APRIL 11, 2025

They use alternative credit scoring methods and automated underwriting. Wealthtech Wealthtech includes robo-advisors, stock trading apps, pension tools, and financial planning software. Financial Inclusion Fintech improves access to credit, savings, and insurance in underserved markets.

FinTech 52

FinTech Online and Mobile Banking Payment APIs and Integration Cross-Border 52

PYMNTS

NOVEMBER 23, 2020

Those needs will most easily be met by innovative, digital-first firms working with incumbent big banks that want to improve underwriting, broaden wealth management offerings and cement relationships with end consumers, Vosburg said.

Consumer 117

Consumer Visa Use Case CFPB 117

Finovate

JULY 31, 2024

Parlay’s embedded fintech software helps lenders achieve a 64% increase in approved loans and an 87% reduction in manual underwriting workload. ” Parlay made its Finovate debut at FinovateSpring in May as part of our Sustainability & Inclusion Scholarship program. .”

Small Business 59

Small Business Visa Credit Union Underwriting 59

Finovate

MAY 10, 2024

Lenders can use the insights to aid in their underwriting decisions, drive more personalized experiences, and help improve financial management tools. Credit Attributes layers traditional credit report data with cashflow insights to create a more detailed view of a consumer’s financial health and creditworthiness.

Underserved 59

Underserved Consumer Identity Theft Underwriting 59

PYMNTS

JUNE 14, 2019

Perhaps the data might be useful in shortening eCommerce transaction times, smoothing the online checkout experience, or speeding underwriting decisions — where, as McSherry said, greater financial inclusion or more relevant consumer offers can result.

AI 68

AI Underwriting Adjustments Financial Inclusion 68

The Fintech Times

SEPTEMBER 3, 2024

.” Enabling a financial ‘reset’ Currently, lenders are unable to directly pay off customers’ debts when they take out a debt consolidation loan, instead relying on customers using the loan funds appropriately.

Credit Cards 69

Credit Cards Financial Inclusion Underwriting Addressing 69

The Fintech Times

APRIL 15, 2024

These algorithms analyse extensive data sets to accurately evaluate creditworthiness, making financial services more accessible and responsive to consumer needs. “For instance, AI algorithms analyse user data to deliver personalised financial products and experiences within non-financial platforms.

Embedded Finance 134

Embedded Finance AI Finance Assessments 134

PYMNTS

OCTOBER 22, 2018

It also makes it difficult for the traditional financial services companies to reach these consumers. Tala’s Android-based app analyzes device and behavioral data to instantly underwrite the consumers and create a loan offer.

PayPal 77

PayPal Underserved Underwriting Consumer 77

Finovate

MAY 16, 2024

The score combines consumer-permissioned open banking data with data from Experian, Equifax, or TransUnion to improve lenders’ underwriting efforts. The company, which is committed to financial inclusion, saw the usage of its VantageScore increase by 42% in 2023, when it reported more than 27 billion credit scores.

Underwriting 52

Underwriting Adjustments Financial Inclusion Underserved 52

PYMNTS

APRIL 22, 2019

Experts have agreed that, despite the size of the challenge, the financial services space must be able to expand trade finance availability. Thirty percent of respondents said enhanced technology solutions and a revised regulatory environment are key to addressing the trade finance gap.

Finance 53

Finance Financial Inclusion Compliance Correspondent Bank 53

Finovate

SEPTEMBER 3, 2024

This means that, during the underwriting process, lenders need to double count both the new loan and existing debts. In today’s partnership, Experian aims to promote financial inclusion and improve access to credit using Paylink’s ReFi tool.

Financial Inclusion 59

Financial Inclusion Underwriting Settlement Consumer 59

The Fintech Times

APRIL 22, 2024

Despite this, the Alliance for Financial Inclusion revealed that over 65 million formal MSMEs were facing credit constraints and inadequate access to financing for growth worldwide in 2021.

Underserved 69

Underserved Finance Technology APACS 69

PYMNTS

MARCH 14, 2017

Regulators are instead concerned about small lending startups that they fear simply don’t know enough about underwriting and risk mitigation to be a safe and productive player in the ecosystem. In the meantime, provincial authorities have been warned about underwriting in the immediate future.

Underwriting 46

Underwriting Risk Mitigation Financial Inclusion Government 46

FICO

AUGUST 20, 2019

China Construction Bank (CCB) hopes to reach more millennial consumers and is using alternative scoring services to improve decision making and improve financial inclusion efforts to reach this demographic. For its achievements, CCB won a 2018 FICO® Decisions Award for Financial Inclusion. Read the full media release.

Financial Inclusion 40

Financial Inclusion Credit Cards Credit Risk Underwriting 40

PYMNTS

NOVEMBER 20, 2020

As noted by PYMNTS last month , per Ant’s listing filings, in its CreditTech segment, which is geared to SMB credit, Ant extends loans backed by 100 financial institution (FI) partners – 98 percent of which the firm says are underwritten or securitized. Filings indicate that CreditTech was responsible for 39.4

Payment APIs and Integration 94

Payment APIs and Integration Regulations Underwriting API 94

PYMNTS

APRIL 2, 2018

Quarles delivered a speech last week at the forum entitled “The Roles of Consumer Protection and Small Business Access to Credit in Financial Inclusion.” Some online lenders obtain access to a prospective borrower’s accounting software, merchant accounts, shipping and payroll data in real time in order to underwrite businesses.

Small Business 40

Small Business Fed Financial Inclusion Underwriting 40

PYMNTS

SEPTEMBER 17, 2019

Currently, more than 200,000 customers use FairMoney to access financing, with the company’s algorithm using data from a user’s smartphone to underwrite those loans. Our vision is to build a holistic financial platform for underserved customers in emerging markets,” explained FairMoney CEO Laurin Hainy in a statement.

Financial Inclusion 46

Financial Inclusion Underserved Small Business Underwriting 46

PYMNTS

DECEMBER 21, 2018

We are committed to financial inclusion, and Experian Boost is the latest example of our efforts to increase consumer awareness of credit’s impact and value, while giving them greater control.”. We look forward to seeing how Experian’s new platform impacts consumers.”.

Financial Inclusion 60

Financial Inclusion Consumer Mobile Payments Underwriting 60

FICO

DECEMBER 23, 2016

Jennings spoke about the dual problems of reckless lending and the challenge of improving financial inclusion in China. All three of these aspects can facilitate the operation and underwriting of credit.”. He proposed that both can be solved with clever, analytically driven credit assessments that use new sources of data.

Finance 59

Finance Online and Mobile Banking Risk Management Assessments 59

Fintech News

MARCH 18, 2024

At the same time, the government is demonstrating a strong commitment to fostering innovation and modernizing the financial sector, recognizing the pivotal role fintech startups in Thailand plays in driving economic growth and financial inclusion.

FinTech 113

FinTech Online and Mobile Banking Blockchain Product 113