PYMNTS

MARCH 1, 2019

Point of sale underwriting — installment loans offered to consumers at the point of purchase that let them finance their buy over time, usually three to six months — is more an example of the latter case. SWIFT also noted that more than $40 trillion was transferred over its gpi service in the past year.

Finance 63

Finance Identity Theft Push-to-Card Underwriting 63

The Fintech Times

FEBRUARY 17, 2024

During a panel focused on customer centricity in the insurance sector, delegates delved into the topic of innovation vs evolution with John Pyall , head of underwriting and product at Great Lakes Assurance SE, commenting: “I’m beginning to hate the word innovation. What I want to see evolved policies – not just a massive internal project.

Innovation 129

Innovation FinTech Underwriting Risk 129

PYMNTS

APRIL 9, 2020

For the last week, a veritable tidal wave of small- to medium-sized business (SMB) owners have been lining up to apply for Paycheck Protection Program (PPP) funds — a $350 billion segment of the $2 trillion in government stimulus passed as part of the CARES Act a little less than two weeks ago. But will they?

Accounts 114

Accounts Small Business Government Governance 114

Fintech News

FEBRUARY 27, 2024

The firm boasts an innovative credit underwriting approach, leveraging extensive behavioral data, and has been instrumental in successfully introducing virtual credit card offerings aimed at Indonesia’s middle-income segment.

FinTech 124

FinTech Risk Federal Reserve Multi-Currency 124

Innovative Payments Association

MARCH 7, 2024

. 𝐄𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐭 𝐑𝐢𝐬𝐤 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 AI-driven underwriting accelerates application processing from entry to decision.

Card Issuer 52

Card Issuer Issuers Payments Advisors Advisors 52

PYMNTS

MARCH 14, 2016

Machine learning uses patterns within data that may not initially be readily apparent, with an emphasis on using artificially intelligent machines to dispense with rule sets and mine Big Data swiftly and completely — in a continuously refined manner and often in less than a second.

Fraud Prevention 51

Fraud Prevention EMV Underwriting SWIFT 51

PYMNTS

AUGUST 7, 2019

Banks have instead directed resources toward larger businesses, meaning everything from underwriting models to service integrations with clients’ back offices are designed for conglomerates — not small firms. We have a real-time payments network.

Office of the Comptroller of the Currency 72

Office of the Comptroller of the Currency Payment APIs and Integration Federal Reserve Small Business 72

PYMNTS

JULY 7, 2020

Many traditional lenders, meanwhile, are still relying on paper-based or outdated digital underwriting processes for payment approvals once government bodies give them permission to review these applications. Innovating to support faster disbursements that do not rely on checks is thus dependent upon the swift reception of funding.

Checks 55

Checks ACH SWIFT Direct Deposit 55

Fintech News

JUNE 4, 2025

She credits the teams operating rhythm and structured communication as key to their increasingly swift recoveries. Pei-Si believes this type of contextual underwriting is key to unlocking access for underserved users, calling it a true example of credit innovation in action. For her, crisis wasnt failure.

Underserved 77

Underserved Risk Underwriting FinTech 77

Finovate

APRIL 9, 2024

Rove leverages a cash-flow algorithm for underwriting to offer a no-annual-fee travel card that allows average spenders to earn a free trip each year. Swift is building instant international payments to replace the archaic correspondent banking infrastructure.

FinTech 52

FinTech Cross-Border Due Diligence Gateways 52

The Fintech Times

FEBRUARY 20, 2024

LaFleche, formerly of SWIFT, Temenos and Fiserv , offers strategic insights into market dynamics. The platform called Origo is focused on speeding up the underwriting process and delivering speedier and stress free mortgages to borrowers using the power of AI. MQube is a mortgage technology company that owns lender MPowered Mortgages.

FinTech 64

FinTech B2B Non-Bank Compliance 64

Nanonets

AUGUST 16, 2024

This frees up significant time for insurance providers to focus on more complex, high-value activities, thus increasing operational efficiency and reducing the likelihood of human error Optical Character Recognition ( OCR ) Accurate OCR is essential for digitizing physical documents and images by converting them into machine-readable text.

Automation 52

Automation Process Fraud Detection Payment APIs and Integration 52

M2P Fintech

MARCH 28, 2024

Automated Clearing House (ACH) The ACH is a central system for electronic fund transfers, facilitating swift, secure, and cost-effective movement of funds between financial institutions. Both utilize the central Aadhaar data repository for their functions. They cater specifically to large corporations and high-net-worth individuals.

FinTech 59

FinTech Online and Mobile Banking Push-to-Card Payer 59

EBizCharge

MAY 8, 2024

Imagine a world where seamless transactions are the norm and businesses thrive on swift, hassle-free payments. Simplified onboarding: The PayFac handles the underwriting and due diligence by evaluating and verifying businesses for eligibility, usually with quick approval turnaround times. What is a PayFac (payment facilitator)?

Facilitators 52

Facilitators ISOs Processors Payments 52

Fintech News

JANUARY 3, 2024

Confirmed speakers for the event include Portia Cerny, partner at EY; Nigel Fellowes-Freeman, founder and CEO of Kanopi; Libby Roberts, founder and CEO of Leapforward; Alex Taylor, global head of emerging technology at QBE Ventures; and Ben Qin, head of Northeast Asia and Australia at Descartes Underwriting.

APACS 122

APACS FinTech Web 3.0 AI 122

PYMNTS

OCTOBER 1, 2018

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements.

P2P 54

P2P Origination Underwriting Returns 54

The Fintech Times

MARCH 28, 2024

With the addition of our technology, partnerships and underwriting expertise, together with ABI we are delivering superior products and coverage to taxi and delivery drivers across the US. With our satellite-based monitoring and risk assessment technology we have swiftly created the capability to address this gap.

Innovation 69

Innovation Consumer On-Demand Risk Assessment 69

Electronic Transactions Association

FEBRUARY 22, 2023

ONLINE SMALL BUSINESS LENDING Online lenders are expanding access to credit and providing small businesses with affordable loans using innovative technologies and sophisticated, data-driven underwriting to evaluate potential borrowers, reaching funding decisions swiftly and providing capital expeditiously.

Underserved 40

Underserved Online and Mobile Banking Financial Literacy FinTech 40

Fintech Labs Insights

AUGUST 17, 2016

Cortera leverages the purchase data to create analytics such as new customer risk assessments, customer portfolio risk monitoring, supplier risk management, customer segmentation, insurance underwriting, customer profitability modeling, and loan default prediction.

Database 17

Database Risk Assessment Underwriting SWIFT 17

The Fintech Times

APRIL 23, 2024

This approach contrasts with traditional, time-consuming, and costly bespoke integrations, offering a swift, cost-effective method to onboard hundreds of merchants. . “These platforms, operating at the API layer, enable rapid and seamless integration of a wide array of financial services into e-commerce platforms.

Embedded Finance 59

Embedded Finance Finance Payment APIs and Integration Government 59

M2P Fintech

FEBRUARY 25, 2025

A Loan Management System (LMS) accelerates the go-to-market for lending products by automating loan origination, underwriting, servicing, and compliance checks, reducing turnaround times by up to 50%. For many years technology has been a barrier to our rapid expansion plans.

Payment APIs and Integration 52

Payment APIs and Integration Compliance Automation BNPL 52

CB Insights

FEBRUARY 8, 2018

If you want to send money from a UnicaCredit Banca account in Italy to a Wells Fargo account in the US, the transfer will be executed through the Society for Worldwide Interbank Financial Communication (SWIFT), which send 24 million messages a day for 10,000 financial institutions. Loans and Credit.

Blockchain 78

Blockchain Bitcoin Correspondent Bank Cryptocurrency 78

PYMNTS

DECEMBER 9, 2019

It means underwriting consumers whose actual risk profile is poorly captured by the FICO system with a better proprietary algorithm. Why Doing the Right Thing Is Also Doing the Smart Thing.

Innovation 83

Innovation PayPal Payments Caps 83

Segpay

NOVEMBER 8, 2023

Regular Training and Education Payment processors should offer their employees, particularly their underwriters and risk professionals, regular training and education on how to recognize signs of child exploitation and how to report these cases. This enables swift action to report and remove such material, preventing further harm.

Law Enforcement 52

Law Enforcement Processors Laws Procedures 52

CB Insights

JULY 23, 2020

Swift and effective employee communication is critical to disparate workforces in the midst of a pandemic. Unlike most other insurance policies, the underwriting for cybersecurity is relatively nascent. But a growing number of carriers are beginning to underwrite cyber risk, with US cyber premiums increasing 11% in 2019.

Posting 101

Posting Cybersecurity Returns Online and Mobile Banking 101

PYMNTS

SEPTEMBER 2, 2016

SWIFT Member Banks. SWIFT released news that more of its member banks (who shall remain unnamed) suffered breaches. The warning — that fraudsters are actively targeting the member banks that have less-than-buttoned-up security protocols around the SWIFT platform and access to it. are not met by the date that it has imposed: Nov.

CFPB 40

CFPB SWIFT Push-to-Card Security 40

PYMNTS

MARCH 7, 2016

Yes, the sobering reality of having to really make money has become an unwelcome wake-up call for those who masked the real value of their business with the never-ending piles of VC cash that just kept underwriting losses and kicked the revenue can way down the road.

Online and Mobile Banking 46

Online and Mobile Banking Payments Same Day ACH Financial Inclusion 46

The Fintech Times

FEBRUARY 11, 2025

Sardine, an AI risk platform for fraud, compliance, and credit underwriting, has raised $70million in a Series C funding round led by Activant Capital. The funders international growth strategy is to leverage the companys highly automated AI-powered lending platform in other markets.

FinTech 59

FinTech Finance AI Advisors 59