Fintech Finance

DECEMBER 20, 2024

His leadership has shaped high-performing teams in underwriting, collections, and customer service, and his expertise will drive Thredds credit product expansion and operational excellence. He was previously General Manager of Credit Cards at Paceline and held key roles at Railsr, where he served as Global Head of Servicing & Collections.

APACS

Fintech News

NOVEMBER 6, 2024

This integration is expected to unlock new monetisation opportunities, including real-time underwriting, cross-selling through contextual product offers, and fee-based services like KYC-as-a-Service. The initiative comes at a time when Saudi Arabia’s financial sector is experiencing rapid growth, with a projected GDP of US$1.1

Non-Bank

Fi911

JULY 17, 2025

Changing Attitudes Toward Creditworthiness BNPL providers typically use alternative underwriting models, many of which avoid hard credit pulls. That may involve adapting underwriting practices, rethinking customer segmentation, or integrating new forms of data analysis.

BNPL

Fintech News

JUNE 2, 2025

Industry sources say the company is also working with headhunters to hire actuaries and underwriters, with interviews already underway. The role involves overseeing claims strategy, profitability, and building a motor claims system in collaboration with Grabs technology team.

Underwriting

Finovate

MAY 22, 2025

Together the two companies will help banks and other financial institutions provide a more seamless onboarding and underwriting experience for their small business borrowers. The alliance will offer frictionless onboarding and underwriting experiences that enable more banks to serve a larger number of qualified small business borrowers.

Underwriting

Stax

APRIL 3, 2025

This means the sub-merchants dont have to go through the lengthy and arduous underwriting process. Its also great for small businesses because it can eliminate many headaches associated with Know Your Customer (KYC) requirements, Anti-Money Laundering (AML) regulations, application processing, and underwriting.

Payment Solutions

Clearly Payments

APRIL 24, 2025

Acquirer fees: Acquirer fees go to the financial institution that underwrites the credit and takes the financial risk. Heres a simple breakdown: Interchange fees: Interchange fees go to the customers bank (the card issuer). Assessment fees: These go to the card networks like Visa and Mastercard.

Large Merchants

The Fintech Times

MARCH 31, 2025

ChAI Protect is already utilised by large publicly traded firms and is underwritten by tier one, A-rated, underwriters. This innovative price risk insurance will be of most value for raw materials where hedging is currently not possible, as no accessible derivatives markets exist.

Risk

Stax

NOVEMBER 14, 2024

Your account will then be approved by underwriters for a certain amount of money per transaction based on your business type, processing history, and ticket size. If you process sales that are outside of that approved range, the underwriters will issue a risk hold. Q: What does ‘risk hold’ mean in credit card processing?

Credit Cards

Clearly Payments

JUNE 20, 2025

Faster, Simpler Onboarding Big processors can take days or weeks to underwrite a merchant account. Below is a comparison of some of the larger players in the payment processing industry: Company Estimated Annual Volume Specialization / Notes Fiserv (First Data) $2.4 trillion+ Strong presence in U.S. mega-processors don’t always get right.

Process

Finovate

JUNE 24, 2025

The models will also help them improve underwriting accuracy and launch faster without requiring major system overhauls or technical implementations. ” Taktile’s technology helps lenders and other financial services companies better manage risk: from onboarding and underwriting to fraud detection, compliance, and collections.

Credit Risk

Finextra

JULY 7, 2025

Traditional areas like fraud prevention (65%), credit underwriting (62%) and regulatory compliance (58%) are still heavily prioritized, reflecting that these were some of the first uses of AI in banking and continue to be critical for reducing losses.

AI

Fintech Finance

NOVEMBER 3, 2024

Affirm underwrites every individual transaction before making a real-time credit decision and only approves consumers following an assessment that evidences their ability to repay. Affirm’s expansion to the UK adds to its presence in the US and Canada.

Consumer

Finextra

JULY 27, 2025

By providing up to two years of historical, standardized transactions, Plaid enables personal finance managers, lending underwriters, and many other apps to derive insights into users’ spending habits and cash flows with minimal effort.

Product

The Fintech Times

JULY 22, 2025

Its capital platform, launched in 2023, already uses live revenue and transaction data, not credit scores or personal guarantees, to algorithmically underwrite and optimise offers. The new generation of AI agents builds on this foundation, extending automation beyond underwriting into servicing, insights, and proactive financial support.

AI

The Fintech Times

JANUARY 23, 2025

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. “These innovations hold the promise to not only transform individual financial lives but also to shift the broader financial system toward equity and resilience.

FinTech

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. “SBCA is a game-changer, offering unparalleled insights into small business performance.

Visa

Stax

MAY 6, 2025

Apply for a merchant account To accept credit card payments, youll need either: A traditional merchant account through a bank or processor, or An aggregator account which could befaster, but with less control Be ready to provide: Business license or registration documents Federal Tax ID (EIN) Business bank account details Owner/partner identification (..)

Credit Cards

Fintech Review

MAY 10, 2025

Many banks now partner with fintech firms to improve onboarding, underwriting, KYC, or user engagement. The Rise of Bank-Fintech Collaboration Increasingly, the future is not banks versus fintech. It is banks and fintech. They invest in innovation labs, join fintech accelerators, and acquire promising startups.

Central Bank

Finovate

DECEMBER 16, 2024

“Open Banking sits at the core of SME credit decisioning and brings confidence to underwriting risk assessments,” Capitalise Co-Founder Ollie Maitland said. Plaid reported that adoption of open banking by U.K.-based based SMEs has increased by 18% year-over-year.

Small Business

Fintech Finance

JULY 17, 2025

To address this challenge, Blum launched Receive—the first Earned Revenue Access platform—giving SMBs fast, flexible access to revenue they’ve already earned, without interest, credit checks, or traditional underwriting.

Visa

My Payment Savvy

JUNE 16, 2025

The application process typically starts with basic information collection, followed by underwriting review. High-risk industries face stricter requirements—sometimes including processing history, financial statements, and reserve funds. Providers assess business legitimacy and financial stability before approval.

Payment Gateways

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

Fintech Review

APRIL 11, 2025

They use alternative credit scoring methods and automated underwriting. AI models will help personalise financial advice, detect fraud, automate underwriting, and optimise risk management. Their technology reduces friction in both consumer and business transactions. Artificial intelligence will play a greater role.

FinTech

Finextra

JUNE 25, 2025

Imprint, the leading provider of modern co-branded credit cards, today announced a partnership with leading credit infrastructure and analytics company Nova Credit to introduce cash flow analytics to its suite of underwriting capabilities, unlocking a more real-time and granular view of consumer financial health, and expanding consumer access to credit. (..)

Underwriting

Finovate

JULY 16, 2025

Instead, banks across Europe, the US, and Asia are increasingly integrating agentic AI, and even hiring AI agents for tasks like underwriting, compliance, and customer service. And firms are no longer stopping at chatbots and GenAI technologies.

ISO 20022

Bank Automation

MAY 23, 2025

Teachers Federal Credit Union has reduced its loan decision time by 75% with deployment of Corridor Platforms gen AI-powered underwriting tool.

Credit Union

Bank Automation

MAY 27, 2025

Tinman helps underwriters with administrative tasks such as document processing, income verification and assessing FICO […] The post Nearly 75% of Better.com originations use AI appeared first on Bank Automation News.

Origination

Clearly Payments

JULY 22, 2025

These elevated costs stem from higher reserve requirements, higher chargeback fees, and the increased cost of risk underwriting. Costs of Processing for High-Risk Merchants High-risk merchants pay significantly more to accept payments compared to standard businesses. per transaction) 3.5% – 8.5% (plus $0.10 -$0.75

Risk

Stax

JUNE 17, 2025

Faster onboarding and approvals ISOs often have more streamlined underwriting and approval processes compared to traditional banks. Independent Sales Organizations typically work at a smaller scale and are thus more accessible to merchants. You’re able to build stronger relationships with ISOs and can count on them for reliable support.

ISOs

Cardfellow

APRIL 5, 2025

With its minimal underwriting and fast setup, it lowered the barriers to entry for small businesses seeking credit card processing. Suddenly, business owners could download an app, sign up for an account, and accept credit cards within days or even hours.

Processors

Fintech Finance

JUNE 13, 2025

Unlike traditional co-branded credit card models, Cardless’ API-based platform, underwriting, and servicing workflows enable brands to natively build lending infrastructure directly within their app or webpage, creating delightful customer experiences and driving higher conversion.

Credit Cards

The Fintech Times

JULY 15, 2025

The company, which aims to simplify business transactions with real-time underwriting and embedded credit terms, is growing fast, with revenue and payment volume up over 150 per cent year-on-year. Backed by €13million in new funding, Oslo-based B2B payments platform Two is expanding into the US and Western Europe.

FinTech

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

Fintech News

DECEMBER 3, 2024

Andy Tan “Combining our disciplined risk management and underwriting technology with Valiram’s portfolio of world-class luxury and lifestyle brands supports their expansion into new consumer segments and business growth. said Mukesh Valiram, Executive Director of Valiram. said Andy Tan, Chief Commercial Officer, Atome.

Embedded Finance

EBizCharge

JUNE 12, 2025

Here’s how the merchant account setup process works: Initial consultation Application submission Underwriting and risk review Configure your merchant account and payment gateway Install payment tools Begin processing payments 1. Risk classification: Based on these factors, your business will be classified into a risk category.

Process

The Payments Association

NOVEMBER 4, 2024

card is purpose-built with personalized statement cycles, smart card authorizations, and bespoke underwriting to streamline and stabilize digital ad payments for scaling global brands. About dash.fi is the world’s first charge card built exclusively for advertisers to help them scale ad spending and maximize the growth of their businesses.

Card Issuer