FICO

OCTOBER 27, 2016

ESS can be used by an enterprise to understand its cyber risk and shore up defense gaps. The number of underwriters active in the US market is growing rapidly as well, with a double-digit CAGR. The need for objective risk measurement. The lingua franca of cyber breach underwriting .

Risk 97

Risk Underwriting Breach Risk Assessment 97

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. Clients will also be able to use the data for an enterprise use case, the release stated.

Credit Risk 85

Credit Risk Risk Risk Management Assessments 85

CB Insights

MAY 17, 2023

Loan underwriting is a slow and complex process, due to insufficient data for credit scoring, stringent risk management requirements, and highly manual processes. This has cleared the way for new tech solutions that can effectively reduce costs and risk, while also improving speed. Fraud is also a concern.

Underwriting 70

Underwriting Process Risk Management Risk 70

Finovate

FEBRUARY 6, 2024

Embedded finance platform Liberis announced a partnership with identity risk management innovator Alloy. Embedded finance platform Liberis has teamed up with identity risk management innovator Alloy. Embedded finance platform Liberis has teamed up with identity risk management innovator Alloy.

Risk Management 59

Risk Management Risk Embedded Finance Compliance 59

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. 2) announcement.

Credit Risk 88

Credit Risk B2B Risk ISO 20022 88

EBizCharge

NOVEMBER 12, 2024

Merchant underwriting is an essential component of the payment processing industry, ensuring the safety and security of electronic payments. This process is critical for payment processors, who must determine whether a business poses a high financial risk. What is merchant underwriting?

Underwriting 52

Underwriting ISOs Risk Assessment Assessments 52

Finovate

MARCH 14, 2025

SBCA uses anonymized, item-level transaction data to help lenders assess small business financial performance, enabling faster underwriting, reduced risk, and improved loan terms. Leveraging this new data in a unique way with SBCA will empower small and medium businesses to have greater access to financing.

Visa 52

Visa Finance Embedded Finance Financial Inclusion 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

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

The Fintech Times

JUNE 24, 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. While its benefits are extremely useful, are there any risks associated with using the tech in the insurance sector? “AI-driven

AI 45

AI Risk Automation Regulatory Compliance 45

Nanonets

APRIL 26, 2023

Automation can have a significant impact on this process—particularly the loan underwriting process. Loan underwriting is the step before a loan is approved or denied, where a lender verifies a potential borrower’s income, assets, debt and property details in order to issue final approval for the loan.

Underwriting 52

Underwriting Automation Fraud Detection Risk 52

Finextra

MARCH 19, 2024

Worth AI, a fintech SaaS startup, officially launched today and announced its artificial intelligence-powered risk management and underwriting technology.

Underwriting 52

Underwriting AI Risk Management Risk 52

The Paypers

OCTOBER 2, 2024

US-based TreviPay has entered into a strategic collaboration with Allianz Trade to augment B2B risk management and underwriting solutions.

Risk Management 36

Risk Management B2B Risk Underwriting 36

FICO

JULY 31, 2019

As TPRM or third-party risk management grows in importance, so does cybersecurity risk assessment as part of it. The latest Assessment of Business Cyber Risk (ABC) report from the US Chamber of Commerce and FICO discusses four steps for improving third-party cybersecurity risk management.

Risk 70

Risk Security Risk Assessment Risk Management 70

The Payments Association

MARCH 18, 2025

But these opportunities are accompanied by mounting risks around data governance, security, and regulatory fragmentation. Open finance extends beyond payments, empowering individuals and businesses with holistic financial management tools and personalised services. Fraud detection and risk management are also evolving.

Finance 88

Finance Payment APIs and Integration Non-Bank Embedded Finance 88

CB Insights

NOVEMBER 3, 2022

While insurtech funding has remained relatively flat quarter-over-quarter in 2022, insurers are still actively engaging with startups to improve their businesses — including addressing climate-related risks. . Long-term risk evaluation. Meanwhile, Reask focuses on wind and atmospheric risk modeling. First name.

Underwriting 95

Underwriting Risk Management Risk Product 95

The Fintech Times

MARCH 12, 2025

This collaboration with CredibleX helps the credit-as-a-service platform make more informed lending decisions, reduce underwriting time, and enhance risk management.

Visa 75

Visa Financial Literacy Small Business Payments 75

The Fintech Times

MAY 5, 2024

Resilience , the US-based cyber risk solution company, has introduced two new cyber risk tools to its cyber insurance package, in a move to help its clients reduce losses from cyberattacks. Not only are Resilience’s clients more effective at avoiding loss, but they also are more proactive about assessing and mitigating that risk.

Risk Mitigation 69

Risk Mitigation Mitigation Risk Ransomware 69

Fintech News

FEBRUARY 26, 2024

JULO’s credit underwriting process, which uses comprehensive behavioral data, has enabled the successful launch of virtual credit card products designed for the middle-income demographic in Indonesia. Supported by AC Ventures, Credit Saison, Quona Capital, and Saratoga, JULO aims to make financial services more accessible in Indonesia.

Underwriting 113

Underwriting Credit Cards Risk Management Volume 113

The Fintech Times

APRIL 15, 2024

“By analysing big data and rapidly assessing risks, AI empowers financial companies to make well-informed decisions. This approach not only fine-tunes the assessment of credit risks but also customises financial products to meet individual requirements, balancing personalisation with risk management.

Embedded Finance 134

Embedded Finance AI Finance Assessments 134

The Fintech Times

MARCH 12, 2024

Among these, the insurance industry stands as a critical player uniquely positioned to drive sustainable initiatives and proactively manage climate-related risks. So, it supports both the renewable power generation sector and those with a renewable power transition programme.”

Mitigation 72

Mitigation Risk Underwriting Risk Assessment 72

PYMNTS

MAY 26, 2016

The same applies to risk teams in automating their underwriting processes. Key Elements of Automating Underwriting. This methodology allows for greater confidence in the risk model over time, whereas diving into full automation right away can waste money and time. Getting Started. Mapping Out the Current Process.

Underwriting 40

Underwriting Automation Agreements Risk 40

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

SEPTEMBER 18, 2020

For the second year running, FICO has been named as category leader in the recently published Chartis ‘Cyber Risk Quantification Solutions 2020: Market Update and Vendor Landscape’ report. As the report shows, the market for Cyber Risk Quantification Solutions (CRQ) continues to show rapid growth.

Risk 52

Risk Assessments Underwriting Cybersecurity 52

Finextra

JUNE 26, 2025

Instnt is changing that narrative with a first-of-its-kind solution that merges AI-driven identity verification and fraud detection with insurance-backed protection, helping businesses transfer fraud risk and recover quickly when losses occur. • Rapid Claims and Recovery – File claims online and receive payouts within 30 days.

Fraud Detection 52

Fraud Detection AI Verification Authorization 52

Finextra

JULY 7, 2025

For example, among banks that have implemented GenAI, 88% have seen improvements in risk management and compliance, and 85% report time/cost savings. Indeed, 64% of finance leaders report using AI for fraud detection and risk management in their institutions. These are significant positive outcomes.

AI 64

AI Fraud Detection Online and Mobile Banking Payment APIs and Integration 64

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. Big data analytics transforms loan management, guiding strategic planning.

Payment APIs and Integration 52

Payment APIs and Integration Blockchain Regulatory Compliance Underwriting 52

Fintech Review

JUNE 12, 2024

We explore the innovations in personalised insurance products, the role of IoT devices in data collection and risk assessment, and the challenges faced by established insurance companies integrating new technologies. Enhanced Risk Assessment IoT data provides insurers with a more accurate understanding of risk profiles.

Risk Assessment 96

Risk Assessment Regulatory Compliance Assessments Risk Management 96

Finovate

MAY 13, 2024

CB Insights announced the availability of its State of Insurtech report for the first quarter of 2024, and the Federal Reserve Board issued a summary of climate risk resiliences exercises conducted recently by a handful of big banks. The week begins with a few research-related announcements in the fintech and financial services space.

AI 120

AI Federal Reserve Underwriting Risk 120

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

M2P Fintech

APRIL 11, 2025

With the gold loan market continuing to expand, particularly in rural and semi-urban India, this framework focuses on improving underwriting, valuation, collateral safety, and end-use transparency. Additionally, the enforcement of the 75% Loan-to-Value (LTV) cap was uneven, and risk weights were incorrectly applied.

Due Diligence 52

Due Diligence Caps Audit Non-Bank 52

FICO

APRIL 17, 2020

The FICO® Cyber Risk Score continues to experience significant momentum in the cyber insurance marketplace with strong growth, new clients, and exciting industry recognition. FICO has become the trusted name in cyber risk scoring in the insurance marketplace. To learn more about the FICO® Cyber Risk Score, visit [link].

Risk 52

Risk Continuity Underwriting Breach 52

FICO

JULY 28, 2020

A 2019 Allianz survey of risk management experts across 86 countries ranked cyber incidents as the biggest single point of risk for an organization, thus highlighting the need for an effective insurance policy to transfer risk from potentially damaging effects of a cyber-attack.

Underwriting 69

Underwriting Assessments Breach Data Breach 69

Finovate

MARCH 13, 2024

This will impact how banks and fintechs use AI for customer interactions, underwriting, and fraud detection. Compliance and oversight The ruling specifically calls out banking as an “essential private and public service” and categorizes it as a high-risk use of AI.

AI 111

AI Laws Fraud Detection Use Case 111

The Fintech Times

MARCH 13, 2024

Lloyd’s , the insurance and reinsurance marketplace, has published a new report, revealing how the rapid evolution of generative artificial intelligence (AI) technology could impact the cyber risk landscape, requiring businesses to build greater resilience to these evolving threats. ” However, businesses cannot do this without support.

Risk Mitigation 59

Risk Mitigation Mitigation AI Risk 59

FICO

DECEMBER 2, 2019

Now it’s easier than ever to understand your company’s cyber risk. The latest release of the FICO® Cyber Risk Score is now available on AWS Marketplace, a digital catalog with thousands of software listings from independent software vendors. The FICO Cyber Risk Score is the first cyber rating available on the AWS Marketplace.

Risk 52

Risk Data Breach Breach Assessments 52

FICO

AUGUST 28, 2018

Welcome to the final blog in the series recapping Cyber Risk, Cyber Ratings and Cyber Risk Transfer at FICO World 2018 , and my conversation with the session’s three panellists: Josh Ladeau , CISSP, Global Head of Cyber, Aspen Insurance. They were not sure how they could bake it into their underwriting process.”. he laughed. “We

Risk 53

Risk Security Underwriting Breach 53