AI merchant underwriting: how the memo gets written.
Follow a merchant file from application through identity, bank, MCC, and MATCH checks to a scored memo with a recommendation. Your underwriter opens a complete, defensible file and makes the call.
What Credio does
Credio does the diligence. Your underwriters make the call.
Credio reads the file in the order your underwriters already work, runs every check, and writes a memo a credit officer can defend: score, recommendation, exception flags, and sponsor fit, with the evidence behind each one.
How the memo gets written
01
Read the application
What arrives in the file before diligence starts
The agent validates ISO package fields, required documents, and format. Missing items are flagged before identity or bank work begins.
Application intake
02
Identity, bank, OFAC, and MATCH
GIACT, sanctions, MATCH, and SOS on the entity and principals
GIACT confirms account legitimacy. OFAC and MATCH screen the entity and principals. SOS and EIN checks confirm the business exists before financial scoring starts.
Verification
03
MCC and financial analysis
Processing statements, bank statements, and MCC/SIC classification
The agent classifies MCC/SIC risk, reads processing volume and ticket caps, and cross-validates bank statements against processing statements.
Financial checks
04
Credit and pattern scoring
Bureau data and transaction-pattern signals
Credit bureau data, sales-channel mix, chargeback history, and statement authenticity feed the score that will appear on the memo.
Credit and patterns
05
Write the memo
Score, recommendation, exceptions, and sponsor-fit
The memo is a structured report: score, recommended action, exception flags, policy mapping, and sponsor-fit assessment. That is the package your reviewer opens.
Memo contents
06
Sign-off
Your underwriter approves, declines, or escalates from a complete file
The memo reaches your underwriter or credit committee with every check, exception, and source attached, so sign-off is a review, not a rebuild. The same package supports sponsor-bank re-underwriting.
Sign-off
Explore the solutions
FAQ
Common questions
Is Credio AI merchant underwriting software?
Yes. Credio runs the diligence on every merchant file (identity, bank, MCC, MATCH, and credit) and writes a scored memo with a recommendation. Your underwriters review it and make the call under your credit policy.
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