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)

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...

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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...

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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...

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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...

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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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