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

Fed’s Senior Loan Officer Survey Signals Pressure as Small Businesses Seek Credit
Fed’s Senior Loan Officer Survey Signals Pressure as Small Businesses Seek Credit
July 31, 2023  |  Banking

The traditional avenues of lending are narrowing, signaling tougher times ahead for smaller businesses seeking access to credit. As detailed Monday (July 31) in the...

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Why Lenders Should Stop Asking Small Businesses for 36 Months of Bank Statements
Why Lenders Should Stop Asking Small Businesses for 36 Months of Bank Statements
June 01, 2023  |  SMBs

Small businesses are the backbone of the economy, providing jobs and driving innovation. Hicham Oudghiri, CEO of Enigma Technologies, told Karen Webster, with a nod...

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Data Markets Take Guesswork Out of Credit Decisions
Data Markets Take Guesswork Out of Credit Decisions
May 17, 2023  |  B2B Payments

In today’s challenging macroclimate, many companies are losing resources.  Fortunately, new digital tools and modern lending and financing solutions can help those firms to close...

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Pinwheel Now Supplies Income and Employment Data Through Visa Program
Pinwheel Now Supplies Income and Employment Data Through Visa Program
March 29, 2023  |  Risk Management

Pinwheel has partnered with Visa to provide consumer-permissioned income and employment data to businesses. By joining the Visa Fintech Connect Program, Pinwheel can provide this data to merchants, financial...

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Abound CEO Says AI-Driven Lending Still Needs People to Perform
Abound CEO Says AI-Driven Lending Still Needs People to Perform
March 22, 2023  |  artificial intelligence

Traditional consumer credit scoring, which overlooks a large proportion of the population, may have been the norm for years, but Gerald Chappell, CEO and co-founder...

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Fynn Aims to Rebuild America’s Middle Class With Accessible Trade School Loans
Fynn Aims to Rebuild America’s Middle Class With Accessible Trade School Loans
March 17, 2023  |  Loans

The push to pursue four-year college degrees for white-collar jobs, which kicked into high gear in the 1980s, has left America 40 years later with...

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Getmomo and VVRB Team on Underwriting Tenants’ Cash Deposits
Getmomo and VVRB Team on Underwriting Tenants’ Cash Deposits
March 03, 2023  |  Real Estate

Getmomo has partnered with Vereinigte Volksbank Raiffeisenbank (VVRB) to underwrite tenants. With this collaboration, the Berlin-based vertical payment platform for real estate and the German bank provide an...

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NMI Buys Agreement Express for Merchant Onboarding
NMI Buys Agreement Express for Merchant Onboarding
December 06, 2022  |  Acquisitions

Payments platform NMI has acquired the payment solutions of onboarding software provider Agreement Express. According to a Tuesday (Dec. 6) news release, the purchase includes...

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FinTech Lender Uses Novel Risk Model to Challenge Aggregator Rollups
FinTech Lender Uses Novel Risk Model to Challenge Aggregator Rollups
September 21, 2022  |  Risk Management

Some people build businesses, others buy them. And some people build companies, sell them and buy other firms. But regardless of the strategy, there’s a...

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