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Tag: underwriting

Senate to vote on Pentagon contract adjustments amid inflation

WASHINGTON — The Senate is expected to vote on legislation that would authorize the Pentagon to modify fixed-price defense contracts when lawmakers return to...

Open Lending extends AI-powered underwriting

Automation fintech Open Lending has expanded its maximum auto loan terms as more consumers are priced out of the market.  Lenders using Open Lending’s artificial intelligence-powered...

Italy | Another Year of Growth for Italian Crowd-Investing in 2022 – CrowdfundingHub

The ObservatoryItaly’s Crowd-investing industry is in good health. Compared to a year ago, funding in the Italian crowd-investing industry is up 27 percent with...

Underwriting with alternative and cash flow data

For consumers and small businesses, access to affordable credit plays a crucial role in bridging the gap between short-term cash inflows and outflows as...

Latest Trends in The Car Insurance Industry – 2022

Technology and data allow us to track the latest stats and trends in the car insurance industry in real-time. This enables us to monitor...

Podcast 364: Kareem Saleh of Fairplay

The use of AI underwriting models has become widespread in recent years as lenders look to expand their credit boxes without taking on additional...

Data Partnerships Reshape Commercial Risk Underwriting

Data partnerships have been in existence awhile. The size of the global alternative data market is slated to top $17.4 billion by 2027 at...

Bukele Visibly Upset That Binance Founder Is Linked To El Salvador’s Bitcoin Bond

El Salvador President Nayib Bukele has condemned a Reuters report that claimed Binance founder Changpeng ‘CZ’ Zhao wants to assist the country’s Bitcoin Bond. “Please [...]

Provenir adds AI credit risk Solution

Tuesday, the b2b2 SaaS provider Provenir introduced Provenir AI, a no-code AI credit risk underwriting platform. The release came just days after a Provenir published a study that showed most fintechs or fin services were not confident with their current underwriting models. 

The post Provenir adds AI credit risk Solution appeared first on LendIt Fintech News.

Mortgage Underwriting: What You Need to Know

Mortgage underwriting is when the lender’s underwriter examines the loan application to assess if the borrower can pay back the mortgage.

The post Mortgage Underwriting: What You Need to Know appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.

Over a Quarter of Banks Report Improved Revenue After Implementing AI

Adoption of artificial intelligence (AI) is growing rapidly in the financial services sector, as organizations all seek to benefit from the advantages brought about by the technology, including streamlined processes,

The post Over a Quarter of Banks Report Improved Revenue After Implementing AI appeared first on Fintech Singapore.

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