PYMNTS

MARCH 12, 2020

Equiniti Eyes APIs for Risk Management. Equiniti Group recently revealed its adoption of Codat’s accounting integration API for its Equiniti Riskfactor solution, a tie-up that will see Equiniti’s risk management operations embrace API technology to promote automatic data sharing from small businesses.

Payment APIs and Integration 77

Payment APIs and Integration API Small Business Underwriting 77

FICO

NOVEMBER 23, 2021

He has held various roles in product development, risk management, software development and consulting for banks, hedge funds and software firms, including Standard Chartered Bank, TCG Group, HCL and Cognizant. Sid’s analyst research is focused on the intersection between risk management and high-performance analytics.

Regulatory Compliance 52

Regulatory Compliance Financial Inclusion Risk Management Consulting 52

FICO

FEBRUARY 25, 2019

After a 2018 that had its highs and lows, what might 2019 have in store from a credit risk management standpoint? In 2019, enhanced credit underwriting via digitally contributed-consumer data will hit the mainstream. Risk in Bankcard Originations on the Rise. 2018 SCE Credit Access Survey. revolver vs. transactor).

Credit Risk 63

Credit Risk Underwriting Origination Fed 63

Nanonets

APRIL 5, 2023

In the world of lending, risk management is crucial to success. But with a growing number of loan applications and an increasing number of delinquencies, how can lenders effectively manage risk without sacrificing efficiency? The answer lies in automating steps in the lending process.

Automation 52

Automation Process Risk Assessment Assessments 52

PYMNTS

SEPTEMBER 22, 2016

.” According to the press release, when a merchant registers online for bank payment solutions, the information they provide is validated; if they score in accordance with the automated acceptance criteria (set by the bank operating as the Originating Depository Financial Institution), they are approved and onboarded.

Automation 62

Automation Remote Deposit Capture ISOs ACH 62

PYMNTS

APRIL 6, 2017

FICO is strengthening its position in the corporate underwriting space with a new solution for SME lenders. The company said Wednesday (April 5) that it is rolling out its Origination Manager Essentials solution for mid-market banks and credit unions.

Credit Union 40

Credit Union Small Business Risk Assessment Origination 40

Fintech News

FEBRUARY 27, 2024

Originating from Melbourne, Airwallex has swiftly expanded in eight years, providing businesses with international money transfer services and multi-currency accounts. Backed by investors such as AC Ventures, Credit Saison, Quona Capital, and Saratoga, JULO is committed to enhancing the accessibility of financial services across Indonesia.

FinTech 119

FinTech Risk Compliance Multi-Currency 119

Fintech News

MAY 23, 2024

Retail Banking and Wealth Management covers retail banking, wealth management, asset management, and insurance. Global Banking and Markets provides transaction banking, financing, advisory, capital markets, and risk management services. Commercial Banking offers a range of banking products and services.

Online and Mobile Banking 130

Online and Mobile Banking Treasury Non-Bank Finance 130

PYMNTS

JUNE 7, 2018

It’s not enough to be very good at one element of the business – firms have to be good at operational functions, risk management, capital management, compliance and product to keep from being dragged down by bad loan performance. And for a very good reason: SMB lending is a tough business to be in, Lifshitz told Webster.

Small Business 49

Small Business Underwriting Risk Product 49

PYMNTS

OCTOBER 24, 2017

In that more streamlined world – where technology and algorithms automate the work of manual underwriting – borrower can get decisions in minutes, as opposed to days or weeks. “[But] Ingo Money was the original use case of Visa’s Original Credit Transactions – or OCTs – the program that, as of this year, grew to become Visa Direct.

Debit Card 40

Debit Card Push-to-Card Same Day ACH Small Business 40

FICO

AUGUST 16, 2019

However, even as the two groups have distinctly different functions at most financial institutions, both touch almost every point of the customer lifecycle — from marketing to origination, to management, to account closure — including collections and recovery.

Credit Risk 40

Credit Risk Risk Identity Theft Account Takeovers 40

PYMNTS

DECEMBER 15, 2017

In addition to its financing service, the company also uses its own underwriting solution that analyzes traditional and alternative data sets. million in funding it just raised to continue growing in the fraud and risk management industry. Enterprise Security. Simility plans to use the $17.5

Finance 46

Finance Point-of-Sale (POS) Account Takeovers B2B 46

PYMNTS

OCTOBER 1, 2018

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. Those effects, however, were short-lived.

P2P 54

P2P Origination Underwriting Returns 54

PYMNTS

JUNE 6, 2018

It’s not enough to be very good at one element of the business – firms have to be good at operational functions, risk management, capital management, compliance and productto keep from being dragged down by bad loan performance. And for a very good reason: SMB lending is a tough business to be in, Lifshitz told Webster.

Small Business 40

Small Business Underwriting Risk Product 40

PYMNTS

OCTOBER 4, 2019

India’s FinBox landed an undisclosed amount of pre-Series A funding, reports in Inc42 said this week, with investors at Arali Ventures leading the investment in the credit risk management technology startup. ForwardLine said it plans to deploy the capital to bolster its loan origination initiatives.

B2B 51

B2B Payment APIs and Integration Participant Small Business 51

PYMNTS

AUGUST 28, 2018

Citizens Bank , a regional player based in Rhode Island, for example, was looking for growth in its newest underwriting area — student loan refinancing. Specifically, the firm will focus on dual-language offerings for mobile and web applications, as well as automating risk-management and loan-origination processes. “It

Small Business 40

Small Business Debit Card Underwriting On-Demand 40

Fintech Labs Insights

MAY 19, 2016

This week, 7 deals did not reveal the amount raised including Finovate alum BlueVine which added Citigroup to the $40 million round originally closed last year. Tags: Consumer, lending, credit, underwriting, healthcare, payments, insurance. ——-. Fintech deals by size from 23 April to 29 April 2016: Mosaic. million ($5.82

FinTech 18

FinTech Debit Card Underwriting Non-Bank 18

Fintech Labs Insights

MARCH 1, 2016

Tags: Consumer, lending, loans, underwriting, Equitable Bank (investor).

FinTech 15

FinTech ACH Point-of-Sale (POS) B2B 15

Fintech Labs Insights

NOVEMBER 18, 2014

However, having been a lending product manager at a major bank, I can attest that it is extremely difficult to change historic patterns in loan underwriting. Note: I penned my favorite report of all time around that theme, Building the Amazon.com of Financial Services ( original in 1998 , updated in 2000.)

Online and Mobile Banking 30

Online and Mobile Banking Non-Bank P2P Consumer 30

FICO

SEPTEMBER 13, 2021

But what are the steps that merchant acquirers should follow to ensure they can respond to this new challenge of transforming the experience while at the same time limiting risk? Automate as much of the underwriting process as possible. Gather actionable and objective data. 2020 McKinsey Global Payments Report).

Risk 52

Risk Micro-Entry Underwriting Acquirers 52

PYMNTS

JULY 18, 2017

But the headlines took on a very different tone and intensity during Laplanche’s very public exit from Lending Club — with a scandal involving underwriting and shaky loan sale practices when the firm — and its executives — were found to have sold $22 million in subprime loans against the specific instructions of their investor.

Volume 49

Volume Risk Risk Management Blockchain 49

PYMNTS

MARCH 29, 2019

Reports said the company also plans to expand its staff, with a focus on risk management and technology development teams. With a focus on mid-to-large original equipment manufacturing (OEM) firms, Zetwerk addresses companies’ machinery procurement needs when off-the-shelf products don’t cut it.

B2B 53

B2B Treasury Small Business Cybersecurity 53

Fintech Labs Insights

JULY 14, 2016

Risk Focus. Risk management for capital markets. Tags: Institutions, compliance, risk mananagement, trading, investing. Alt-lender and payments. Latest round: $20.6 million Post-IPO Equity. Total raised: $121.6 million (Post-IPO including $100 million Debt). HQ: Perth, Australia. Source: Crunchbase. Latest round: $17.7

Underwriting 15

Underwriting FinTech Online and Mobile Banking Debit Card 15