underwriting

Underwriting services are provided by some large financial institutions, such as banks, insurance companies and investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee.

Source: en.wikipedia.org

NMI Buys Agreement Express for Merchant Onboarding
NMI Buys Agreement Express for Merchant Onboarding
December 06, 2022  |  Acquisitions

Payments platform NMI has acquired the payment solutions of onboarding software provider Agreement Express. According to a Tuesday (Dec. 6) news release, the purchase includes...

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FinTech Lender Uses Novel Risk Model to Challenge Aggregator Rollups
FinTech Lender Uses Novel Risk Model to Challenge Aggregator Rollups
September 21, 2022  |  Risk Management

Some people build businesses, others buy them. And some people build companies, sell them and buy other firms. But regardless of the strategy, there’s a...

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Cloud Banking Firm nCino, Codat Team on SMB Loan Underwriting
Cloud Banking Firm nCino, Codat Team on SMB Loan Underwriting
September 14, 2022  |  Digital-First Banking

Codat, an API for small business data, will be partnering with cloud banking firm nCino to automate and accelerate the ways banks can underwrite small...

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Automated Merchant Underwriting Makes ISOs, PayFacs ‘Smarter and Better’
Automated Merchant Underwriting Makes ISOs, PayFacs ‘Smarter and Better’
September 16, 2021  |  Innovation

Say the word “automation,” and the mind’s eye may paint a picture of the machines taking over, displacing humans from the workforce and bringing a...

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Zest AI CEO: Artificial Intelligence Is Reshaping Lending and Credit
Zest AI CEO: Artificial Intelligence Is Reshaping Lending and Credit
November 10, 2020  |  Loans

The use of artificial intelligence (AI) and machine learning (ML) isn’t some futuristic idea. It’s here now and being used to make good banks better...

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Bracing For Another Wave Of SMB Lending Disruption
Bracing For Another Wave Of SMB Lending Disruption
June 09, 2020  |  B2B Payments

The financial services community continues to rally around America’s small- to medium-sized businesses (SMBs) with the understanding that Main Street remains the backbone of economic...

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Banks Aim AI At Credit Risk, Payments Services
Banks Aim AI At Credit Risk, Payments Services
April 29, 2020  |  Artificial Intelligence

Of the seemingly inexhaustible uses of artificial intelligence (AI) in the financial sector, its applications around managing credit risk and optimizing payment services are among...

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