Remove Processing Costs Remove Underwriting Remove Volume
article thumbnail

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.

article thumbnail

The Hidden World of High-Risk Payments in Canada : 2025 Report

Clearly Payments

billion in annual volume , based on data from exchanges like Newton, Bitbuy, and Shakepay. Even a partial slice of these industries using credit and debit card payments accounts for an estimated $15–$20 billion in annual payment volume processed through high-risk or specialized payment providers in Canada. billion in 2024.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

5 Signs Your Business Has Outgrown Square

Cardfellow

With its minimal underwriting and fast setup, it lowered the barriers to entry for small businesses seeking credit card processing. Your Processing Volume Has Gone Up Many businesses start with Square because their processing volume (how much money you take in credit cards) is low at the beginning.

article thumbnail

Bridging Digital Advertising and Payments: Aleph Reveals Key to Ensuring Seasonal Spending Success

The Fintech Times

For digital platforms, processing pay-ins (customer payments) and pay-outs (disbursements to creators, merchants, or partners) comes with transaction fees that impact margins and cash flow. At the same time, Aleph monetises the ad inventory, ensuring that what would have been a payment processing cost now becomes a revenue-generating asset.

article thumbnail

The Ultimate Guide to Accepting Credit Card Payments

Stax

While its easy to understand, you may end up paying a lot more for transactions that typically cost less to process. Payment processors that implement membership pricing give you access to direct interchange ratesregardless of your processing volume. Q: What are the costs of credit card processing?

article thumbnail

Which Fintech Sub-sectors Will Have the Biggest Impact on People’s Financial Well-being in 2025?

The Fintech Times

Sending cross-border payments, for example, often comes with heavy processing costs and conversion fees. She said:Looking ahead to 2025, I see enormous potential in fintech sub-sectors like agentic AI (financial agent AI bots), savings automation, and cash-flow-based underwriting.

article thumbnail

Canadian Merchant Accounts: Top-Rated Payment Processing with EBizCharge

EBizCharge

Unlike standard merchant accounts available globally, Canadian merchant accounts are tailored to meet the regulatory, banking, and processing requirements unique to Canada. This makes them an essential tool for Canadian businesses that process a high volume of card transactions online, in-store, or both.