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)

Why Digital Lenders Are Tightening Their Lending Criteria
Why Digital Lenders Are Tightening Their Lending Criteria
June 12, 2018  |  Alternative Finances

In the early days of online lending, the big appeal was access to funds for potential borrowers with few, if any, options for securing capital....

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Moody’s: Underwriting Standards Loosen, A Bit, In Q1
Moody’s: Underwriting Standards Loosen, A Bit, In Q1
May 09, 2018  |  Consumer Finance

It got a little easier to get credit in the first quarter, said Moody’s on May 8, but auto loans bear watching. The findings, contained...

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Mapping The Black Box: A Look Inside Machine Learning’s Powers And Quirks
Mapping The Black Box: A Look Inside Machine Learning’s Powers And Quirks
May 01, 2018  |  Loans

“Machine learning is the answer to the financial inclusion problem.” So said Douglas Merrill, founder of ZestFinance. It’s a bold statement, considering that the lending space...

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Online Lending’s New “Colossus”
Online Lending’s New “Colossus”
July 18, 2017  |  B2B Payments

It used to be that small businesses needing loans could wait weeks or months for a decision from the provider, with pre-qualification steps taking up...

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Credit Card Charge-Offs Reach Highest Rate Since 2009
Credit Card Charge-Offs Reach Highest Rate Since 2009
June 09, 2017  |  Debt

Moody’s Investors Service reported Thursday (June 8) that credit card charge-offs — debts that are so delinquent that lending institutions have basically given up on collecting...

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Fed Governor Warns FinTechs Against Social Media Underwriting
Fed Governor Warns FinTechs Against Social Media Underwriting
December 06, 2016  |  Regulation

FinTechs that want to use data from social media for credit underwriting got a warning from Federal Reserve Governor Lael Brainard, who said they could run...

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Getting On Board With Underwriters
Getting On Board With Underwriters
July 10, 2015  |  News

Hold on to your hats, because we’re about to tell you that the customer shouldn’t always come first. Should it be the most important thing?...

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