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)

Online Lenders Prepare For A Recession
Online Lenders Prepare For A Recession
April 15, 2019  |  Economy

Online lenders in the U.S. including LendingClub, Kabbage, and Avant are gearing up for a slowdown in the economy and are taking a look at...

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The Convergence Of Trade Finance And Trade Credit Insurance
The Convergence Of Trade Finance And Trade Credit Insurance
April 09, 2019  |  B2B Payments

While use of trade finance continues to climb, the International Chamber of Commerce‘s Banking Commission has warned the financial services market that small and medium-sized...

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Pinterest Files IPO
Pinterest Files IPO
February 22, 2019  |  IPO

Amid a year when well-valued tech companies plan to list their shares, Pinterest has reportedly made a confidential filing with the U.S. Securities and Exchange...

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CapX Taps Moody’s For SMB Loan Underwriting
CapX Taps Moody’s For SMB Loan Underwriting
January 25, 2019  |  B2B Payments

Equipment finance company CapX Partners has announced an integration of Moody’s Analytics technology to strengthen its underwriting and risk mitigation capabilities. The company issued a...

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FICO Targets Data With New Fraud, AI Patents
FICO Targets Data With New Fraud, AI Patents
January 08, 2019  |  B2B Payments

Credit data company FICO has secured five new patents related to fraud, artificial intelligence and analytics technologies, according to StreetInsider reports on Monday (Jan. 7)....

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Rising Interest Rates And The Changing Mortgage Market
Rising Interest Rates And The Changing Mortgage Market
November 27, 2018  |  Loans

Climbing interest rates are taking their toll on the number of consumers in the market for new home mortgages. Mortgage applications for new homes are...

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PayNet Links Community Bank BNB To Small Biz Loan Tech
PayNet Links Community Bank BNB To Small Biz Loan Tech
November 16, 2018  |  B2B Payments

Small business credit analysis company PayNet is linking up with a community bank to streamline SMB lending for the institution. A press release issued this...

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How Asset-Based Finance Mixes Tradition With Innovation
How Asset-Based Finance Mixes Tradition With Innovation
November 07, 2018  |  B2B Payments

As in payments, small business (SMB) lending has seen a heightened demand for speed — faster application processes, underwriting, decision-making and payouts. While it may...

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Wells Fargo Found More Customers Who Were Wrongly Foreclosed
Wells Fargo Found More Customers Who Were Wrongly Foreclosed
November 06, 2018  |  Loans

Wells Fargo said Tuesday (Nov. 6) that an underwriting error internally prompted it to reject home loan modifications, which resulted in the bank foreclosing on...

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