Fintech News

AUGUST 12, 2024

Technology firm Microsoft is working with Axis Bank and Aditya Birla Capital, among others, to deploy processes using genAI to transform contact centers, boost sales and overhaul claims and underwriting processes. Holistic inclusion, beyond financial inclusion Holistic inclusion is another key theme in the financial sector.

Embedded Finance 111

Embedded Finance FinTech Non-Bank Cross-Border 111

The Fintech Times

FEBRUARY 6, 2025

Mehreen Rafiq has joined Offa as senior underwriter, while Shamila Kausar is now customer service officer. INXY Payments , an EU-authorised payment platform, has successfully closed a $3million investment round led by Flashpoint VC with participation also fom prominent angel investors.

FinTech 59

FinTech Cross-Border AI Underwriting 59

The Payments Association

JANUARY 7, 2025

IPO has been the main method for companies looking to go public for years, which often is a long and expensive process that requires underwriting by investment banks, price-setting, and navigating complex regulatory requirements. However, direct listings eliminate the need for an intermediary, allowing companies to bypass these fees.

FinTech 88

FinTech Underwriting Non-Bank Cryptocurrency 88

PYMNTS

JANUARY 25, 2021

Morgan Chase to underwrite a possible IPO. million in a Astia-led seed round, with further participation from Chris Pau of the Phoenix Suns, Kevin Durant of the Brooklyn Nets and others. Morgan Chase and Morgan Stanley to underwrite a potential $2 billion IPO. million in a seed round. Goalsetter Raises $3.9 Morgan For IPO.

Financial Literacy 74

Financial Literacy Underwriting Online and Mobile Banking Debit Card 74

CB Insights

MARCH 4, 2021

Allianz and Munich Re will use customers’ Google Cloud data to improve its underwriting: Due to the complex nature and catastrophic potential of cyber risks, insurers have often had problems underwriting and pricing policies.

Cybersecurity 74

Cybersecurity Underwriting Identity Theft Wire Transfer 74

FICO

MARCH 25, 2020

The introduction of the score has enabled Home Credit to underwrite and evaluate new clients with a thin file more objectively. The team has been methodical in building a dynamic and robust scoring tool and Home Credit participates on the development.

Risk 97

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

The Fintech Times

MARCH 11, 2025

Torres has over nine years of SBA experience, including lending and credit underwriting. P2P.org, GlobalStake and Cyber Fund also participated, highlighting Rakurais potential to drive significant advancements in decentralised infrastructure. Most recently, he worked as vice president, SBA relationship manager at SouthState Bank.

FinTech 59

FinTech Payment APIs and Integration Online and Mobile Banking Non-Bank 59

PYMNTS

APRIL 9, 2019

However, as the company began to explore the points of friction that occurred prior to a trade finance transaction, Kocher said LiquidX learned more about the issues pertaining to risk underwriting and trade credit insurance, which similarly struggled with a lack of efficiencies. Combining Forces. Digitizing Together. ” .

Finance 63

Finance Underwriting Risk Mitigation Mitigation 63

CB Insights

JANUARY 26, 2023

Of the 206 deals a16z participated in last year, almost a quarter went to fintech companies — more than any other industry. Vesta ($30M Series A): Vesta provides a platform for mortgage origination and underwriting that is designed to streamline processes, reduce risk, and help lenders improve their book of business.

FinTech 101

FinTech Blockchain Underwriting Credit Cards 101

PYMNTS

JANUARY 26, 2021

Plus, the Federal Reserve released its list of over 110 organizations participating in its FedNow instant payments pilot program. FedNow Shares Pilot Program Participants. The Federal Reserve has said more than 110 organizations, including financial institutions and processors, are participating in the pilot program.

FedNow 61

FedNow Federal Reserve Visa TCH 61

The Fintech Times

JULY 28, 2024

This will enable cardholders of Marqeta’s participating customers to easily set parameters or choose whether they use debit, credit, ‘pay-in-four’ with Buy Now, Pay Later or even pay using rewards points. Marqeta is the first issuer processor in the US certified for Visa Flexible Credential.

Credential 59

Credential BNPL Issuers Underwriting 59

Stax

APRIL 17, 2025

Co-marketing and joint go-to-market efforts ISV partners often benefit from co-branded marketing, being featured in partner marketplaces, or participating in events and webinars. From here, you can participate in co-marketing opportunities, explore co-selling programs, and start reaching new customers through the partners ecosystem.

ISVS 88

ISVS Payment APIs and Integration API Underwriting 88

The Fintech Times

OCTOBER 29, 2024

Appointments UK digital MGA Ripe appoints David Rowntree as its new chief underwriting officer. This latest round includes participation from two of the world’s largest credit funds, alongside lead arranger Deutsche Bank. Rowntree has held senior roles at Zurich, RSA, Legal & General and Swiss Re.

FinTech 64

FinTech Multi-Currency Embedded Finance Non-Bank 64

PYMNTS

SEPTEMBER 24, 2018

Doing so allows the company to underwrite risk based on the startup’s existing finances, including bank account data and history of fundraising, instead of relying on the personal credit scores of a startups’ founder. Acknowledging the high failure rate of tech startups, Brex takes on that liability.

Commercial Card 70

Commercial Card Request for Comment Push-to-Card Visa 70

FICO

OCTOBER 11, 2016

Working with FICO, the company now can build flexible and customizable auto insurance pricing and life insurance underwriting decision-making solutions, with advanced simulation capabilities, in eight weeks. I recently had the chance to speak about this with Alexandre Lee, Partner and Board Member at Infosistema.

Underwriting 78

Underwriting Consulting Settlement Process 78

Finovate

JULY 31, 2024

Parlay , which offers an AI-powered Loan Intelligence System (LIS) to help community banks and credit unions boost small business loan volume, is one of eight startups selected to participate in Mastercard’s Start Path Small Business program.

Small Business 59

Small Business Visa Credit Union Underwriting 59

PYMNTS

OCTOBER 15, 2020

Meritech Capital led the funding round, with participation from existing investors Great Point Ventures and Shah Capital Partners. Extend and our underwriting partners are taking on all the risk.”. “We think that down the road, it would be interesting if an extended warranty was part of the checkout flow,” he added. “I

PayPal 133

PayPal Payment APIs and Integration Bots Product 133

Fintech Finance

FEBRUARY 14, 2025

” When the program launches, participating FIS debit processing banks will be able to offer their eligible customers biweekly and monthly payment plans through the banks existing debit card products. This will enable significantly more consumers to access the benefits of Affirm when paying over time online and in-store.

Debit Card 59

Debit Card Online and Mobile Banking Issuers Underwriting 59

FICO

FEBRUARY 8, 2017

Let’s start by looking at the level of financial participation. So there is some truth in the assertions about Millennials reducing their participation in financial services relative to their cohorts a decade earlier, but the same is also true for the older generation. Table 2 looks at average balances for the same groups.

Research 66

Research Participant Underwriting On-Demand 66

PYMNTS

JANUARY 21, 2021

The app store effect, he told PYMNTS, offers the participating FI the ability to tap into a shared network that is populated with other like-minded banks facing the same competitive or operational challenges. Launching Into New Markets. “If

Payment APIs and Integration 121

Payment APIs and Integration Due Diligence On-Demand Money Laundering 121

Fintech Finance

JUNE 21, 2024

Gynger , the first embedded financing platform for technology purchases, announces that it has raised $20 million in Series A funding, led by PayPal Ventures, with participation from Gradient Ventures, Velvet Sea Ventures, BAG Ventures and Deciens Capital.

PayPal 98

PayPal Embedded Finance Finance On-Demand 98

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. For many, gig work isn’t a side hustle – it’s the whole hustle. The New Rules.

Underwriting 66

Underwriting Economy Verification Risk Assessment 66

Finovate

JANUARY 8, 2024

Arc’s capital markets debt marketplace enables startups to onboard in as little as 10 minutes and receive debt terms for up to $250 million from the network of participating lenders. After underwriting each borrower using historical financial data, the company pre-qualifies borrowers and matches them to a lender within five days.

Technology 69

Technology Underwriting Payroll Participant 69

Fintech News

MARCH 17, 2025

Fintech Revolution Summit (FRS) Philippines 2025 When: 29 April 2025 30 April 2025 Where: Heritage Hotel, Manila, Philippines The Fintech Revolution Summit (FRS) is a list of summits with countries that take participation include the likes of Bahrain, the Philippines, Cambodia, Nigeria, Saudi Arabia and Malaysia.

FinTech 87

FinTech Cybersecurity AI Financial Inclusion 87

PYMNTS

AUGUST 12, 2020

According to Pogreb, though electronic remittances and faster payment rails can provide speed, what’s more effective at accelerating this process is streamlining everything that happens before the payout itself — namely, the underwriting and decision-making workflows. ” A Shifting InsurTech Landscape.

Small Business 91

Small Business Underwriting Direct Deposit Shutdown 91

PYMNTS

SEPTEMBER 18, 2020

And compensation can be related to back-end participation, or representing a party while garnering a direct commission from that artist’s earnings. After all, the term “ gig ” economy comes from the music industry. Memorializing the Splits. Rabkin Lewis noted that artists get to keep ownership of their masters.

Digital Payments 125

Digital Payments Payments Venmo Underserved 125

PYMNTS

MAY 29, 2018

And, Experian’s report notes, both consumers and lenders are getting increasingly interested in “those much more comprehensive profiles” becoming a standard part of the underwriting process. A fuller look at data, said DeSaulniers, gives underwriters a cleaner picture of how prime that score really is. What’s Next.

Financial Inclusion 62

Financial Inclusion Underwriting Credit Cards Disputes 62

PYMNTS

MARCH 26, 2019

The unit will collect and analyze scores from insurers participating in the program, aiming to find the services that most effectively reduce the risk from cyber hackers. The participating insurers so far include Allianz , AXA SA, Axis Capital Holdings, Beazley, CFC Underwriting, Munich Re, Sompo International and Zurich Insurance Group.

Cybersecurity 54

Cybersecurity Assessments Underwriting Participant 54

PYMNTS

DECEMBER 14, 2020

after underwriters priced the IPO at $68 a share. after underwriters priced the shares at $102. Simple – big “pops” are great for investors who participated in the IPO or bought shares as soon as the new stock began trading and sold out quickly, but they actually do nothing for the underlying company.

Underwriting 64

Underwriting Returns BNPL On-Demand 64

PYMNTS

JUNE 2, 2020

Vroom said it foresees granting the underwriters a 30-day choice to buy a maximum of 2,812,500 common stock shares at the IPO price to handle over-allotments. Allen & Company, Goldman Sachs, Wells Fargo Securities and BofA Securities are working as underwriter representatives and book-running managers. L Catterton, T.

Underwriting 52

Underwriting Security Participant Process 52

PYMNTS

JUNE 11, 2019

In a press release , Brex said the funding round was led by Kleiner Perkins Digital Growth Fund, with participation from all existing major investors including Y Combinator Continuity, Ribbit Capital, DST Global, Greenoaks Capital, and IVP. For its eCommerce credit card, it underwrites based on sales. “At billion back then.

Credit Cards 65

Credit Cards Underwriting Participant Product 65

CB Insights

MAY 27, 2021

Resolve , which offers buy now, pay later (BNPL) billing for B2B payments, has raised $60M in a Series A, with participation from Initialized Capital, KSD Capital, and Haystack VC, among others. It automates underwriting for B2B transactions, pulling data from past payment histories. How’s the company performing?

B2B 46

B2B BNPL Underwriting On-Demand 46

PYMNTS

JULY 16, 2019

FinTech Lendbuzz has announced Monday (July 15) that it has secured an additional $150 million in debt and equity financing led by 83North, with participation from existing investors. “We developed a unique underwriting platform based on alternative data points to evaluate credit risk. with 27 million being working professionals.

Finance 49

Finance FinTech Underwriting Credit Risk 49

PYMNTS

FEBRUARY 6, 2020

Payments organization Nacha announced this week that it is rolling out a new platform designed to standardize and streamline the flow of transaction data between payment ecosystem participants. Nacha also pointed to the challenges of manual management, misdirected payments, errors and fraud risks.

Payments Data 73

Payments Data Payment APIs and Integration Credit Union NACHA 73

PYMNTS

MARCH 29, 2019

406 Ventures and Eight Roads also participated in MineralTree’s latest investment, which the firm plans to use to focus on growth acceleration and expand its presence in the AP automation space for middle-market corporate customers. CRV, Tenaya Capital and GV also participated. Existing backers.406

B2B 53

B2B Treasury Small Business Cybersecurity 53

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. Last year, SFF welcomed 62,000 participants from 134 nations. Register for the SFF 2024 here.

APACS 118

APACS FinTech Web 3.0 AI 118

PYMNTS

MARCH 3, 2017

27), the startup announced more than $12 million in new funding led by Holtzbrinck Ventures; backers from Notion Capital and Frog Capital also participated, reports said. Information Venture Partners led the investment round, which also saw participation from OpenText Enterprise Apps Fund and Operative Capital, among others.

B2B 59

B2B Agreements Underwriting Participant 59