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

Pipe CEO Says Business Card Product Shifts Small Business Capital From Banks to Software Platforms
Pipe CEO Says Business Card Product Shifts Small Business Capital From Banks to Software Platforms
October 28, 2024  |  Digital Banking

Banks used to be the only game in town for small businesses looking to set up an account, get credit and hear advice about managing...

READ MORE >
Amount Debuts AI Policy Optimizer for Risk Assessment, Credit Underwriting
Amount Debuts AI Policy Optimizer for Risk Assessment, Credit Underwriting
October 24, 2024  |  artificial intelligence

Credit underwriting strategy can be an untapped competitive advantage for lenders. It turns out analytics can be used to automate and improve that too. To...

READ MORE >
AI’s Growing Role in Finance Brings Opportunity and Risk, House Panel Finds
AI’s Growing Role in Finance Brings Opportunity and Risk, House Panel Finds
July 18, 2024  |  artificial intelligence

Artificial intelligence (AI) is set to revolutionize finance and housing, bringing both game-changing benefits and thorny new risks that demand vigilant oversight, a bipartisan House...

READ MORE >
Pipe Aims $100 Million at Embedding Working Capital Solutions Into Business Software
Pipe Aims $100 Million at Embedding Working Capital Solutions Into Business Software
June 11, 2024  |  SMBs

The most valuable solution is the one that is there when you need it. And for America’s millions of small and medium-sized businesses (SMBs), they...

READ MORE >
Neobank Dave Attributes Best-Ever Credit Performance to AI-Driven Underwriting Engine
Neobank Dave Attributes Best-Ever Credit Performance to AI-Driven Underwriting Engine
May 07, 2024  |  Earnings

Neobank Dave said it improved its credit performance over the past year with the use of artificial intelligence (AI). Between the first quarter of 2023 and...

READ MORE >
Nuvo Adds Equifax Credit Reports to Trade Credit Management Platform
Nuvo Adds Equifax Credit Reports to Trade Credit Management Platform
April 25, 2024  |  B2B Payments

Nuvo has added business credit reports and business principal credit reports from Equifax to its trade credit management platform for B2B sellers. This addition will...

READ MORE >
Toward 2030: How Ecosystem Offerings Will Transform Trade Finance’s Future
Toward 2030: How Ecosystem Offerings Will Transform Trade Finance’s Future
January 25, 2024  |  B2B Payments

Across the typically staid area of trade finance, despite the importance of trade finance products and services to global trade growth and economic development, decades...

READ MORE >
TreviPay Debuts Financial Partner Gateway for B2B Payments and Invoicing
TreviPay Debuts Financial Partner Gateway for B2B Payments and Invoicing
October 18, 2023  |  B2B Payments

Global B2B payments and invoicing network TreviPay debuted on Wednesday (Oct. 18) its Financial Partner Gateway. This suite of application programming interfaces (APIs) allows financial institutions to...

READ MORE >
NMI Expands Underwriting Capabilities With Acquisition of Sphere’s Commercial Division
NMI Expands Underwriting Capabilities With Acquisition of Sphere’s Commercial Division
October 13, 2023  |  Acquisitions

NMI, a full commerce enablement technology company, has acquired software and payments technology company Sphere’s Commercial Division. This move aims to enhance NMI’s underwriting and risk...

READ MORE >