CB Insights

OCTOBER 26, 2020

Underwriting an initial public offering (IPO) is a highly profitable business for an investment bank. For this work, the underwriting bank can make tens of millions from an IPO — whether or not the stock performs well. The lingering effects from the Covid-19 pandemic have pushed expected underwriting IPO revenue to just 7.5%

Underwriting 78

Underwriting Research Online and Mobile Banking Non-Bank 78

PYMNTS

OCTOBER 6, 2017

Indeed, the remainder of 2017 and 2018 will see more partnerships between the banks and FinTechs.”. That’s because banks still hold the strongest traction with small business borrowers, are able to provide the strength in underwriting capabilities and revenue and liquidity cushions necessary to remain viable.

B2B 61

B2B P2P Small Business Finance 61

PYMNTS

DECEMBER 28, 2018

Charles Dickens’ famous starter to A Tale of Two Cities , as it turns out, is a pretty good way to sum up the year 2018 from the view of the alternative financial services segment. However, as 2018 wore on, headwinds started to blow back on the segment, most especially in the form of rising interest rates.

Non-Bank 58

Non-Bank Online and Mobile Banking Push-to-Card Consumer 58

PYMNTS

JANUARY 14, 2020

From that gap sprung forth a group of alternatives for underwriting access, which varied widely in terms of structure, funding sources and target demographics. APR equivalents there run much higher, from 80 percent into the triple digits.

Fed 52

Fed Federal Reserve Small Business Underwriting 52

FICO

OCTOBER 10, 2022

A low FICO score for a consumer can have the perverse effect of preventing them from having access to a second chance through manual underwriting. And financial institutions use FICO® Scores to underwrite lending to millions of people so that they can achieve their financial goals like buying a first home or starting a business.

Consumer 52

Consumer Underwriting Credit Risk Assessments 52

CB Insights

OCTOBER 10, 2018

Investors are ramping up investment: In the first 10 months of 2018, this cohort has seen investors participate in 53 investments worth $1.72B, representing 57% of the $3B raised in the last 5 years. of monthly spend across 28 countries in Europe as of September 2018. valuation and crossed 1M accounts in September 2018.

Online and Mobile Banking 78

Online and Mobile Banking Debit Card Credit Cards Non-Bank 78

PYMNTS

JANUARY 14, 2020

From that gap sprung forth a group of alternatives for underwriting access, which varied widely in terms of structure, funding sources and target demographics. APR equivalents there run much higher, from 80 percent into the triple digits.

Federal Reserve 52

Federal Reserve Fed Small Business Underwriting 52

FICO

JULY 30, 2018

At our recent FICO World 2018 conference, I had the pleasure of moderating a panel discussion on “Cyber Risk, Cyber Ratings and Cyber Risk Transfer.” As head of cyber grading at Aspen Insurance, Josh brings 15 years of underwriting experience to the cyber business. It’s destroying logic,” said Josh.

Risk 49

Risk Data Breach Cybersecurity Underwriting 49

PYMNTS

SEPTEMBER 20, 2018

Technology serves as an advantage for X Financial, even beyond its underwriting engine. In fact, the trends are positive so far in X Financial’s home country: 50 percent of borrowers end up borrowing again, and about 70 percent of the company’s individual investors continue to participate as part of the P2P marketplace.

P2P 66

P2P Credit Cards Online and Mobile Banking Credit Limit 66

PYMNTS

FEBRUARY 4, 2020

A 2018 report in Forbes cited research from the Journal of Business Venturing, which found that equity crowdfunding is often a last resort for SMBs when traditional and internal funding options run dry. Diverging From Equity Crowdfunding. Emerging Risk Strategies.

Underwriting 52

Underwriting Finance Small Business Participant 52

FICO

DECEMBER 4, 2017

With the first January 2018 deadline just around the corner, we are seeing more and more organisations turn their thoughts from how to achieve compliance ahead of the deadline to how to remain competitive for the years to come after. To learn more about this event and FICO’s participation please read this excellent article from Mark Thompson.

Compliance 53

Compliance Underwriting Credit Risk Accounts 53

FICO

JANUARY 5, 2023

[But the optimism around the potential of incorporating cash flow isn’t limited to FICO – we’ve been excited to see recent initiatives by the government-sponsored enterprises , for example, to consider cash flow as part of mortgage underwriting.]. In her role, Ms. Prior to joining FICO, Ms. See all Posts. chevron_left Blog Home.

Risk 52

Risk Underwriting Consumer Addressing 52

PYMNTS

DECEMBER 21, 2018

Six years, a few million customers, a few billion dollars in loan volume and a new logo later, Levchin said that Affirm is closing the books on 2018 “clearly validating” that this type of credit is actually desired. The consumer’s ability to repay is a key input to how Affirm makes those product-by-product underwriting decisions.

Consumer 74

Consumer Credit Cards Product Underwriting 74

Fintech News

JANUARY 3, 2024

The 2024 edition of AFF will build on the success of the previous iteration, which witnessed a robust participation with over 2,500 on-site attendees and an additional 4,500 virtually connected participants. Together, these regions offer a compelling glimpse into Asia’s formidable convergence of technology and finance.

APACS 84

APACS FinTech Web 3.0 AI 84

CB Insights

FEBRUARY 12, 2020

The round was led by Accel with participation from Silverton Partners and Ballast Point Ventures. The company focuses on using AI and IoT to drive better decisions in insurance underwriting, claims processing, and fraud detection. . The Zebra , an Austin-based home and auto insurance comparison site, announced its $38.6M PARTNERSHIPS.

Blockchain 41

Blockchain Underwriting SARS Mitigation 41

CB Insights

FEBRUARY 19, 2020

Eos Venture Partners and IQ Capital Partners also participated in the round. Calibrate Ventures, WTI, and Hallador Investment Advisors also participated in the round. . and a full-year underwriting profit. Lemonade currently uses AI for many of its underwriting and claims processes. PERSPECTIVES.

AI 38

AI Research Underwriting Regulations 38

PYMNTS

DECEMBER 30, 2020

In fact, big pops mostly just mean that underwriters priced an IPO’s stock too low. Coinbase last reported a valuation of more than $8 billion as of October 2018, when it raised $300 million in a Series E round led by Tiger Global Management, with participation from Wellington Management, Andreessen Horowitz and other firms. “We

Economy 79

Economy Push-to-Card On-Demand Metaverse 79

CB Insights

MARCH 21, 2018

Live briefing: BLOCKCHAIN TRENDS IN 2018. Join us for a deep dive into blockchain in 2018. As Chief Underwriter of Allianz Richard Boyd has said, “By replacing the human interventions which are currently embedded throughout the entire risk transfer process, frictional delays and the risks of human error are completely removed.”.

Blockchain 78

Blockchain Audit Process Risk 78

CB Insights

OCTOBER 2, 2017

times its estimated 2018 earnings). The company says its aiming to launch with its first startup partners in early 2018. One difference is that Munich Re has also participated in or led significant equity financings to some of the startups it has partnered with as well. Infrastructure for insurance tech.

Risk 28

Risk Underwriting Caps Regulations 28

CB Insights

JULY 16, 2017

Attune currently provides a tech analytics platform for brokers to streamline the Business Owner’s Policy quoting and binding process using data from public and private sources and has plans to add Excess and Worker’s Comp to its platform by 2018. Allianz Ventures. Number of investments: 7. in funding. Munich Re/HSB Ventures.

Underwriting 28

Underwriting Cybersecurity Risk Innovation 28

CB Insights

JUNE 17, 2020

For example, in 2018, 18% of American doctors reported treating a patient via telemedicine. The company has developed a number of additional features for Teams, including a “raise your hand” feature to indicate when a meeting participant wishes to speak; support for offline access; and an integration with RealWear industrial headsets.

Posting 101

Posting Technology Online and Mobile Banking On-Demand 101

CB Insights

DECEMBER 4, 2019

But it’s clear that the company remains very focused on building financial services products that support its core strategic goal: increasing participation in the Amazon ecosystem. In December 2018, Reuters reported that Amazon was looking at airports as a potential Amazon Go partner. That scale would make Amazon Go a $4.5B

Online and Mobile Banking 101

Online and Mobile Banking Push-to-Card Payment APIs and Integration Non-Bank 101

Fintech Labs Insights

AUGUST 26, 2020

In the first 9 years of YC (2005 thru 2013), only 24 YC companies were in the fintech space though two of those early participants are now decacorns ($10B+). Startups 2005 1 2006 0 2007 1 2008 1 2009 2 2010 2 2011 6 2012 5 2013 6 2014 13 2015 19 2016 17 2017 27 2018 23 2019 40 2020 50 Source: YCDB.co, TechCrunch. Year Fintech.

Payment APIs and Integration 12

Payment APIs and Integration FinTech API Credit Cards 12

CB Insights

JULY 23, 2020

For example, in 2018, 23andMe entered a $300M deal to sell data to drug giant GlaxoSmithKline, while in 2019, MyHeritage experienced a data breach that exposed details from 92M+ accounts. A survey by Optum found that participants of employer wellness programs were 1.5X Remote Work Startups. Source: Spatial.

Posting 101

Posting Cybersecurity Returns Online and Mobile Banking 101

CB Insights

NOVEMBER 21, 2019

Canadian VC-backed companies saw funding drop 13% in H1 2019 compared to H1 2018. In the event of a further tie, investors participating in the larger of total dollars invested were selected. Companies in this subcategory (1) provide technology to enable insurers across the value chain (underwriting, distribution, claims, etc.),

FinTech 93

FinTech End User Online and Mobile Banking Payment APIs and Integration 93

PYMNTS

SEPTEMBER 18, 2018

By the numbers, care of the PYMNTS/HyperWallet Gig Economy Index , 35 percent of today’s workforce participates in what we now call the gig economy, a figure that some experts believe will increase to as many as 50 percent over the next two years. personal income in 2018. trillion of total U.S. The New Rules.

Underwriting 66

Underwriting Economy Verification Risk Assessment 66

FICO

JANUARY 5, 2023

In 2018, FICO introduced the UltraFICO Score , leveraging consumer-permissioned financial data combined with account aggregation technology and distribution capability to provide lenders with new insights and consumers with enhanced access to credit. Consumers will likely see more transparency from industry participants going forward.

BNPL 52

BNPL CFPB Consumer Financial Protection Bureau (CFPB) Privacy 52