Category: Blog

As leaders in financial services, we understand the importance of staying ahead of the curve in an increasingly competitive market. One area where this competition is particularly fierce is small and medium-sized business (SMB) lending. With larger banks and fintechs vying for market share, credit unions face unique challenges and opportunities in competing in this […]

In today’s regulatory landscape, financial institutions face a multitude of challenges in complying with regulatory requirements, particularly when it comes to data collection and management. The Consumer Financial Protection Bureau’s (CFPB) Section 1071 Rule, which mandates the collection and reporting of data related to small business lending, presents unique challenges for institutions in the banking […]

AI revolutionizes underwriting in finance by streamlining decisions, reducing risks and enhancing customer experience.

Small and medium-sized businesses (SMBs) are the lifeblood of our economy, driving innovation, job creation, and economic growth. Yet, despite their essential role, SMBs often face significant challenges in securing financing to support their operations. As executive leaders in the financial services industry, it’s crucial to understand the sources of operational loan losses for SMBs […]

No one wants to deal with fraudulent activity slipping through the cracks, especially when it comes to onboarding new clients. Financial institutions know this all too well. That’s why fraud prevention isn’t just important—it’s critical. And at Worth, we’ve made it our mission to take the pain out of the process while keeping fraudulent users […]

Explore how automation and chatbots transform FinTech customer experience by enhancing onboarding, approvals, and personalized service.

Interpreting and navigating regulatory requirements is a critical aspect of compliance for executives in the banking and credit risk industry. Among the regulatory mandates that require careful analysis is the Consumer Financial Protection Bureau’s (CFPB) Section 1071 Rule, which imposes data collection and reporting obligations on financial institutions engaged in small business lending. In this […]

Nobody enjoys filling out onboarding forms. Whether it’s online or on paper, the process is often tedious and time-consuming, especially for businesses that require extensive information. In a world where every second counts, streamlining processes like digital form completion can make or break client retention. Introducing autofill—the indispensable solution for seamless digital form completion. For […]

As a CEO, CFO, or Chief Risk Officer in the banking and credit risk industry, it’s crucial to have a comprehensive understanding of regulatory requirements that impact your organization. One such regulation that warrants attention is the Consumer Financial Protection Bureau’s (CFPB) Section 1071 Rule. This blog post provides an essential guide to help executives […]

Imagine if you could take all those random data points, from payment histories to financial performance metrics, and throw them into one clear, straightforward score. That’s exactly what Worth Score™ does. It’s a comprehensive business credit score that goes beyond traditional methods to give you a 360-degree view of a company’s financial status. No fluff, […]