17 Mar

Advances in Data and FI’s

 

In February, The Green Sheet published “Advances in Data, Automation Speed FI Merchant Boarding” by Matt Ward-Steinman, G2’s VP of Solutions Development.

In this article, Matt discusses the recent renaissance with underwriting and boarding merchants, and how the ability to make quick decisions and streamline the boarding of new merchants is becoming a must. He suggests that FIs (financial institutions) take a step back and rethink their current boarding practice. Innovative approaches – especially automation, the use of data, and continuous underwriting – are necessary in order to continue to grow and nurture the diversity of their business portfolio, while taking calculated risks.

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