Finextra

APRIL 12, 2024

Citi emerged as the top underwriter for equity capital markets (ECM) in Asia ex-Japan for the first quarter (Q1) of 2024, continuing the strong momentum built in 2023. At the end of Q1, Citi commanded a total issuance volume that was double that of the next closest competitor.

Underwriting 52

Underwriting Volume Continuity 52

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 AI Fraud Detection 52

Finezza

OCTOBER 24, 2023

Underwriting is an important process in lending operations. Whether it will be repaid promptly, or become a non-performing asset, or worse still result in loan fraud, is an outcome of underwriting efficiency. A lender’s ability to predict creditworthiness seals the fate of the loan.

Underwriting 52

Underwriting Posting Process 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

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. The post 91 companies digitizing and accelerating the loan underwriting process appeared first on CB Insights Research. Fraud is also a concern. Want the full expert post?

Underwriting 70

Underwriting Process Risk Management Risk 70

PYMNTS

MARCH 23, 2020

But after years of finding SMBs too unprofitable to finance, lenders have to play catch-up to develop better underwriting processes for greater accuracy and efficiency. This presents a gap in the market and an opportunity for FinTechs to fill it with automated underwriting technologies, like an automated small business credit score.

Underwriting 75

Underwriting Risk Assessment Risk Mitigation Mitigation 75

Payments Dive

OCTOBER 26, 2022

Count the card company among those that added to credit loss provisions in the third quarter as economic conditions soured.

Underwriting 88

Underwriting 88

CB Insights

JULY 22, 2022

What are underwriting data platforms? Underwriting data platforms collect third-party alternative datasets, such as social media, public records, and demographic information. Insurers can tap into these data sources to augment their own internal datasets — with the goal of improving and expediting underwriting decisions.

Underwriting 48

Underwriting Research Posting FinTech 48

CB Insights

OCTOBER 26, 2020

The traditional underwriting process to buy life insurance is often painful for customers and costly for insurers. The post How Alternative Data Could Improve The Life Insurance Underwriting Process appeared first on CB Insights Research. Want the full expert post? Want the full expert post? Become a CB Insights customer.

Underwriting 75

Underwriting Process Research Posting 75

Finextra

MAY 23, 2024

The small business credit card and spend management platform trusted by over 200,000 businesses, Capital on Tap and Plaid partner in the United Kingdom.

Underwriting 52

Underwriting Credit Cards Small Business 52

PYMNTS

MARCH 10, 2020

Traditional banks will require credit histories and collateral to underwrite a small business loan, both of which many SMBs in Southeast Asian nations lack. At the root of the matter is often a lack of predictive data to ascertain the creditworthiness of these small- to medium-sized businesses (SMBs). Improving The SMB Lending Experience.

Underwriting 77

Underwriting Small Business Value Added Service Non-Bank 77

The Paypers

AUGUST 18, 2023

Global enabler of digital advertising Aleph has launched Aleph Payments, a new cross-border payments and credit underwriting unit.

Cross-Border Payments 36

Cross-Border Payments Cross-Border Underwriting Payments 36

Payments Source

JULY 19, 2019

ZestFinance is bringing its machine learning software ZAML to Brazilian retailer Via Varejo and its digital banking subsidiary Banqi to power the credit underwriting for Varejo’s “carnês” point-of-sale microfinance lending product.

Underwriting 70

Underwriting AI Product 70

Lending Front

JUNE 15, 2021

The post Bringing Underwriting Up to Speed appeared first on LendingFront. Don’t let outdated small business lending criteria be the reason you leave money on the table—and deprive businesses in need of funding. The time is now to modernize, so you can in turn help small businesses in your area thrive. .

Underwriting 52

Underwriting Small Business Federal Reserve Assessments 52

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. Joanne Gaskin. Mon, 08/16/2021 - 18:53.

Underwriting 52

Underwriting Risk Assessment Assessments Financial Inclusion 52

PYMNTS

JULY 26, 2019

Lloyd’s syndicate Beat Syndicate 4242 is collaborating with trade finance solution provider Previse to underwrite those invoices financed by third parties so suppliers can get paid more quickly, according to a Thursday (July 25) press release. Beat Syndicate will underwrite pre-approval invoice payments for an unnamed large U.K.

Underwriting 40

Underwriting B2B Instant Payments Finance 40

CB Insights

JUNE 25, 2020

Property & casualty (P&C) underwriting is trapped by paper and a lack of robust datasets. The post 9 Startups Bringing Technology And Data To P&C Underwriting appeared first on CB Insights Research. This increases costs and creates opportunities for error. Want the full post? Become a CB Insights customer.

Underwriting 48

Underwriting Technology Research Posting 48

Payments Dive

OCTOBER 12, 2023

The deal will enhance NMI’s underwriting capabilities and allow ISVs and fintechs to create merchant accounts within the company’s existing platform, NMI said.

ISVS 174

ISVS Acquirers Underwriting FinTech 174

PYMNTS

JANUARY 25, 2019

Equipment finance company CapX Partners has announced an integration of Moody’s Analytics technology to strengthen its underwriting and risk mitigation capabilities. The company issued a press release on Thursday (Jan.

Underwriting 43

Underwriting Small Business Risk Mitigation Underserved 43

PYMNTS

MAY 9, 2018

The findings, contained in the company’s Q1 Senior Loan Officer Opinion Survey , show that there has been “a modest tightening” of bank underwriting standards across credit card and auto loan applications as measured in the first quarter of this year. Moody’s expects credit card underwriting to deteriorate.

Underwriting 40

Underwriting Credit Cards Economy Risk 40

PYMNTS

JUNE 7, 2019

19, 2019 compliance date for the mandatory underwriting provisions for its short-term, small-dollar (payday) rule, according to various reports. The Bureau of Consumer Financial Protection (CFPB) has delayed the Aug. Compliance is being delayed 15 months, to Nov. The CFPB is also correcting several errors in the rule.

CFPB 53

CFPB Underwriting Rules Credit Union 53

PYMNTS

JANUARY 30, 2019

Pinterest was widely expected to choose its IPO underwriters in January and then launch its IPO in April. In 2018 Pinterest, which has been growing at a rapid pace, posted revenue that came in at $700 million, which a person familiar with the matter told Reuters is up 50 percent year over year.

Underwriting 49

Underwriting Privacy Regulations Posting 49

The Paypers

SEPTEMBER 17, 2018

(The Paypers) 4Stop , a KYC, compliance, and anti–fraud solutions provider, has announced its partnership with Web Shield and the launch of their global merchant underwriting solution.

Underwriting 45

Underwriting Compliance 45

PYMNTS

MAY 26, 2016

The same applies to risk teams in automating their underwriting processes. Key Elements of Automating Underwriting. Getting into the nitty-gritty of implementing an automated underwriting procedure, the Agreement Express guide dives into detail on a number of key elements, including: Statement of Intent. Getting Started.

Underwriting 40

Underwriting Automation Agreements Risk 40

CB Insights

MAY 28, 2020

The post Why Smart Home Devices Could Be The Future Of Home Insurance Underwriting appeared first on CB Insights Research. Want the full expert post? Become a CB Insights customer. If you’re already a customer, log in here.

Underwriting 48

Underwriting FinTech Research Posting 48

PYMNTS

JULY 13, 2018

Deutsche Bank secured approval to underwrite corporate bonds in China as the market continues to open up to foreign investors and financial services players.

Underwriting 40

Underwriting Cross-Border Payments Cross-Border Non-Bank 40

The Paypers

NOVEMBER 3, 2020

A new study from Juniper Research has found that the value of unsecured loans issued via AI underwriting platforms will reach USD 315 billion in 2025, up from just USD 24 billion in 2020.

Underwriting 36

Underwriting AI Research 36

PYMNTS

OCTOBER 21, 2019

Providing consumers with sufficient supports can address these potential obstacles and speed up loan underwriting timelines, benefiting both borrowers and lenders. Organizations working to alleviate those pains need to ensure they can boost underwriting speed while carefully protecting consumers’ and FIs’ safety.

Underwriting 41

Underwriting Consumer Due Diligence Assessments 41

PYMNTS

NOVEMBER 18, 2019

Faster payment services could help such consumers get much-needed funds, as long as lenders can access equally fast underwriting tools. Underwriting tools boost the confidence of both borrowers and lenders, and help the latter more seamlessly access reliable bank data that supersedes credit scores.

Underwriting 41

Underwriting Payments Federal Reserve Faster Payments 41

TechCrunch Fintech

JANUARY 11, 2024

Developers add Pier’s APIs with a few lines of codes, and the company then manages the credit lifecycle from end-to-end, including origination, underwriting, compliance and servicing. © 2023 TechCrunch. All rights reserved. For personal use only.

Underwriting 119

Underwriting Origination API Compliance 119

Payments Source

JANUARY 28, 2020

Alternative lending companies are one of the strongest examples of how leveraging rich financial transaction data can be used to go beyond traditional credit risk assessments, says Finsync's Eddie Davis.

Underwriting 84

Underwriting Risk Assessment Payments Data Digital Payments 84

Finezza

MARCH 25, 2024

However, existing systems cannot accurately underwrite MSME businesses due to their unique needs and lack of credit history. For instance, the estimated credit gap of INR 33 trillion in Micro, Small, and Medium Enterprises (MSMEs) presents an opportunity for lenders to service this sector more efficiently.

Underwriting 90

Underwriting Posting Origination 90

The Paypers

SEPTEMBER 10, 2020

Descartes Underwriting , an insurtech company specialising in climate risk modelling and data-driven risk transfer, has raised USD 18.5 million in a series A funding round.

Underwriting 28

Underwriting Risk 28

The Paypers

AUGUST 11, 2020

The Electronic Transactions Association (ETA) has released the fourth edition of the ETA Guidelines on Merchant and ISO Underwriting and Risk Monitoring.

ISOs 31

ISOs Underwriting Risk Transactions 31

PYMNTS

JULY 3, 2018

But SMB loan underwriting at traditional FIs has, for the most part, remained unchanged, even as alternative lenders began exploring the role of alternative data in the risk mitigation process. Michael Carter, CEO and president of BizEquity , has another vision in mind: lenders using the value of a small business to underwrite SMB loans.

Underwriting 40

Underwriting Small Business Assessments Third-Party Service Provider 40

The Paypers

JUNE 4, 2019

(The Paypers) Net Element has launched Blade, its proprietary, fully-automated, AI-powered underwriting solution with predictive scoring.

Underwriting 28

Underwriting AI Automation 28

Bank Automation

APRIL 17, 2024

We are maintaining our through-the-cycle underwriting discipline and seeing the benefits of our multiyear investments in [the] digital, technology and payments ecosystem in the form of strong fee growth across our business lines,” Chief Executive Andrew Cecere said […]

Underwriting 67

Underwriting Payments Technology 67