It’s not uncommon for new start-ups and established merchants alike to require loans, insurance and investments. Traditionally, this financial risk has been handled by institutions that have the ability to do underwriting, a term that was developed from the act of each risk taker writing their names on a piece of paper, under the amount …
Continue reading “What is Automated Underwriting, and why should you care?”
Administratively, setting up an offer in the EU can be laborious. However, when you examine the reach, redundancy and other benefits of setting up in the EU, it is well worth the time and effort.
The term “underwriting” is typically used in references to banks or insurance companies or any institution looking to mitigate their risk exposure. Due to the above mention, you should expect that in the process of getting a processing merchant account the bank will follow the Five C’s of Credit: Character / Capacity / Capital / …
