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. The report added that for banks, the costs of gathering that data remains significantly high, with the volume of available information remaining low.

Underwriting 77

Underwriting Small Business Value Added Service Non-Bank 77

Nanonets

SEPTEMBER 27, 2024

Traditional (manual) underwriting processes often struggle to keep pace with the growing complexity of modern risk assessment, data collection, and policy management. Underwriting automation can help alleviate these issues to a great extent. Here are specific underwriting processes that can benefit from automation: 1.

Underwriting 52

Underwriting Automation Risk Assessment Assessments 52

Finovate

JUNE 10, 2025

. “Through this partnership, we’re empowering community lenders nationwide to maintain rigorous underwriting standards while drastically improving operational efficiency and insight. In a statement, Parlay noted that it also has intensified its relationships with banks in the JAM FINTOP network.

Finance 59

Finance Security Underwriting Small Business 59

Clearly Payments

JUNE 20, 2025

Largest Payment Processor: Fiserv (First Data) As of 2025, the largest payment processing company in the world — by volume of merchant payments handled — is Fiserv , which owns First Data and the popular Clover POS system. Faster, Simpler Onboarding Big processors can take days or weeks to underwrite a merchant account.

Process 52

Process Payment APIs and Integration Processors Payments 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 Fraud Detection AI 52

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

Stax

APRIL 3, 2025

Evaluate your business size, transaction volume, industry considerations, total cost, and customer experience. This means the sub-merchants dont have to go through the lengthy and arduous underwriting process. This model might become expensive in the long run, especially with high transaction volumes.

Payment Solutions 88

Payment Solutions Payment APIs and Integration Payment Gateways Gateways 88

Finovate

MARCH 17, 2025

Walmart shoppers will soon be able to use Klarnas installment loans in-store and online, with OnePay handling the user experience and Klarna underwriting the loans. presence ahead of its IPO, giving it access to millions of Walmart shoppers and increasing its loan volume, brand recognition, and potential investor appeal. loan volume.

BNPL 59

BNPL Underwriting Agreements Volume 59

The Fintech Times

MARCH 13, 2025

Aleph already operates in 150+ markets across Latin America, Asia, the Middle East, and Africa, managing the complexities of billing, collections, credit underwriting, FX, tax, and treasury in emerging economies. But not only in the FMCG area, also generally speaking the volume of business kicks into high gear as the holiday season closes in.

Cross-Border Payments 96

Cross-Border Payments Cross-Border Payment APIs and Integration Payment Service Provider (PSP) 96

PYMNTS

DECEMBER 7, 2020

But according to Pero, banks aren't always equipped to fulfill online sellers' working capital needs due to their legacy underwriting processes. It's as yet unclear whether traditional financial institutions will pull back from small business lending amid economic uncertainty.

Finance 142

Finance Small Business Underwriting B2C 142

PYMNTS

SEPTEMBER 29, 2020

Banks, he said, are focused on firms that, at a minimum, usually see $12 million in export volume — and above. But, as Shoihet said, these firms account for roughly 50 percent of trade volume in the LATAM region. Many of these mid-cap level enterprises have already had strong relationships with banks and lenders.

Finance 114

Finance Underwriting Volume Caps 114

Fintech News

JULY 17, 2024

The acquisition leverages Allianz’s expertise in underwriting, product development, and data analytics, combined with Income Insurance’s strong market reach and distribution capabilities. billion in Total Business Volume across property-casualty and life/health businesses in 2023.

Acquirers 121

Acquirers Underwriting Advisors Returns 121

Lending Front

JUNE 15, 2021

And when you can review more applications, you can say ‘yes’ to more customers—effectively doubling or tripling your lending volume. . The post Bringing Underwriting Up to Speed appeared first on LendingFront. When you can digitize the process, you can review more applications. Opening up access to funding.

Underwriting 52

Underwriting Small Business Federal Reserve Assessments 52

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 59

Credit Cards API Underwriting Bitcoin 59

Fintech News

OCTOBER 13, 2024

These products are integrated within PasarPolis’ full-stack ecosystem, with Tap Insure serving as the underwriter for the insurance products. PasarPolis Insurance Broker will manage the insurance brokerage, using its platform to handle the high volume of transactions efficiently.

Underwriting 122

Underwriting Volume Product Automation 122

The Fintech Times

JANUARY 17, 2024

. “A key component of our AI suite is our GPT -based assistant, ‘TensorAssist,’ tailored for underwriters. With these tools, a single underwriter can now do the work that used to take five underwriters. With these tools, a single underwriter can now do the work that used to take five underwriters.

AI 128

AI FinTech Underwriting Due Diligence 128

PYMNTS

MAY 26, 2016

The same applies to risk teams in automating their underwriting processes. Key Elements of Automating Underwriting. A lot of them are in a rush to do so … but those that do not first establish a framework often end up stuck in the mud. Agreement Express has seen this happen to a lot of organizations. Getting Started.

Underwriting 40

Underwriting Automation Agreements Risk 40

EBizCharge

JUNE 12, 2025

This makes them an essential tool for Canadian businesses that process a high volume of card transactions online, in-store, or both. During this initial conversation, a representative will learn about your business, including your industry, payment processing needs, and sales volume.

Process 52

Process Accounts Payment Gateways Gateways 52

FICO

OCTOBER 27, 2016

With its quantitative, empirically derived analytics, FICO ESS will drive objective risk measurement, transparency and predictability into both breach insurance underwriting and longer-term portfolio management––essential requirements in monetizing the rapidly evolving market for cyber breach insurance.

Risk 97

Risk Underwriting Breach Risk Assessment 97

Fintech Review

APRIL 4, 2025

“Our technology and underwriting algorithms provide rapid, fair decisions, ensuring seamless transactions for merchants and their customers.” Merchants partnering with DecisionFi have reported increased sales volumes and customer satisfaction.

Underserved 52

Underserved FinTech Underwriting Finance 52

Fintech News

FEBRUARY 26, 2024

The company also reported a 50% increase in its loan disbursement volume for the year, alongside achieving operational profitability by December 2023. 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

PYMNTS

APRIL 24, 2020

AI is capable of processing and learning from massive volumes of data in real time and can flag risks long before they appear on the radar of conventional models. percent employ it for credit underwriting. percent reported using AI for underwriting and risk assessment purposes. Among banks that use AI, 92.9

Credit Risk 100

Credit Risk Risk Underwriting AI 100

The Fintech Times

MARCH 27, 2025

Because of Affirms proprietary technology and real-time underwriting, the company can serve a wide swath of consumers and their transactions, offering payment plans for cart sizes from $35 to $30,000 and with term lengths from 30 days to 60 months. In 2024, Merchant Services hit $2 trillion in payments processing volumes.

Multi-Currency 59

Multi-Currency Payments On-Demand Underwriting 59

PYMNTS

DECEMBER 15, 2020

Because the industry is dominated by startups, a lack of historical business data makes underwriting a challenge. Everyone's a startup, and you can't really underwrite your customer and understand how much credit you should be giving them, what terms they need or what their limit it," Gordon explained.

Legal 111

Legal B2B Underwriting Payment Reconciliation 111

Finovate

MARCH 25, 2025

The collaboration is designed to give mortgage lenders better and more reliable access to the verification of income and employment data they need to accelerate and enhance underwriting while keeping costs low. Users of Truework’s technology include eight of the top ten lenders in the US by origination volume.

Verification 59

Verification Payroll API Underwriting 59

FICO

MARCH 25, 2020

Home Credit , a global non-bank consumer lender, has successfully reduced its credit risk while maintaining loan volumes and keeping approval rates steady by incorporating the FICO® Score X Data to optimize its loan process in China. This has been a big focus for the business in response to strong market demand for consumer loans in China.

Risk 97

Risk Point-of-Sale (POS) Financial Inclusion Risk Assessment 97

Fintech Finance

SEPTEMBER 18, 2024

Global B2B payment volume has skyrocketed over the past decade and businesses around the world are increasingly embedding payments into their products to help streamline their customers’ workflows to generate new revenue streams.

Global Payments 105

Global Payments Payment APIs and Integration Embedded Payments Reconciliation 105

PYMNTS

MAY 22, 2020

In the meantime, CO-OP’s Contact Center volumes have been through the roof, and the company has seen massive single-day spikes in transaction volume across the Shared Branch network, he said. We’re not going to do underwriting or audits — we’re just going to give you a loan to help you through this difficult time.’

Credit Union 105

Credit Union Remote Deposit Capture Volume Push-to-Card 105

Clearly Payments

MAY 22, 2025

Effective Rate Your total fees divided by total volume. Underwriting The process of assessing risk before approving a merchant account. Volume Cap A limit on how much a merchant can process per month. IRS 6050W A tax rule that requires payment processors to report merchant transaction volume to the IRS using Form 1099-K.

Online and Mobile Banking 52

Online and Mobile Banking Debit Card Processors ACH 52

Cardfellow

APRIL 5, 2025

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.

Processors 52

Processors Credit Cards Multi-Currency Transactions 52

Fintech News

FEBRUARY 8, 2024

The volume of fintech deal activity in 2023 fell by approximately 70% from its peak in 2021 , closely mirroring the figures from five years earlier. A decline in M&A volume was largely responsible for this downturn, with fewer deals exceeding US$1 billion being announced. Ushering in Insurtech 2.0 Insurtech 2.0

FinTech 112

FinTech Embedded Finance B2B Volume 112

The Fintech Times

JUNE 28, 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.

On-Demand 59

On-Demand Online and Mobile Banking Underwriting AI 59

Finovate

MAY 13, 2024

From the massive volume of manual processes and the document-intensive nature of the business to the challenges of underwriting and refining statistical models, the idea that AI will be a powerful ally in the insurance business is a no-brainer. The insurance business is ripe for innovation. There are obstacles.

AI 120

AI Federal Reserve Underwriting Risk 120

My Payment Savvy

JUNE 16, 2025

The application process typically starts with basic information collection, followed by underwriting review. Are all fees—including monthly, setup, and hidden charges—clearly disclosed and reasonable for your transaction volume? Can the gateway handle your anticipated growth in volume and market expansion? ✓

Payment Gateways 52

Payment Gateways Gateways Online and Mobile Banking PCI DSS 52

Fintech News

FEBRUARY 8, 2024

The volume of fintech deal activity in 2023 fell by approximately 70% from its peak in 2021 , closely mirroring the figures from five years earlier. A decline in M&A volume was largely responsible for this downturn, with fewer deals exceeding US$1 billion being announced. Ushering in Insurtech 2.0 Insurtech 2.0

FinTech 109

FinTech Embedded Finance B2B Volume 109

The Fintech Times

JULY 3, 2025

Waltz , the all-in-one platform streamlining US residential real estate financing for foreign national investors, will now be able to fund up to $1billion in loan volume following a new $25million line of credit, provided by affiliates of Setpoint Capital , bringing the total equity and debt funding to date to $50million.

Facilitators 59

Facilitators Cross-Border On-Demand CHIPS 59

PYMNTS

NOVEMBER 19, 2020

“Legacy payment options, archaic systems, and traditional risk and credit underwriting models can be harmful, deceptive, and restrictive to both consumers and merchants,” he added. Total gross merchandise volume (GMV) for the past four years is roughly $10.7 million transactions by 6.2 million people. billion. “The

BNPL 73

BNPL PayPal Underwriting NOV 73