Credit risk

19 articles tagged with this keyword

/markets

CFPB proposes rule for paycheck advance products

The interpretive rule is designed to help ensure US workers know the costs and fees of paycheck advance products.

/startups

Estonian fintech Mifundo picks up €2.5 million grant from European Innovation Council

Innovative Estonian fintech company Mifundo has secured €2.5M grant funding plus investment from the prestigious European Innovation Council (EIC) Accelerator program, making it the first fintech company ever to receive full funding from this initiative.

/ai

AI, the Mechanism for Anticipating Customer Needs

Join FinextraTV at the Temenos Community Forum 2024 as Arun Thallapelly, Global Head of BSG, Temenos and Tielman Walters, Chief Technology Officer, Barko survey how digital innovation is helping banks make key connections with customers. Considering the wealth, facets and magnitudes of data available to financial institutions, the discussion taps into how effectively leveraging this data could provide banks with a detailed picture of how a customer currently behaves and would behave in the future. Organisations now need to anticipate needs in a much more effective way and AI is the tool to utilise to achieve this. AI can help precisely understand what the next step of the user journey will be and in turn, products and usability can be enhanced.

/wholesale

BNP Paribas champions innovation in credit distribution with CobaltFX’s Dynamic Credit

BNP Paribas, an early adopter of CobaltFX's Dynamic Credit, further expands its engagement with CobaltFX, part of United Fintech, to address regulatory and industry concerns, setting a new standard for precision and effectiveness in market operations.

/retail

Nuvo boosts credit application software with Equifax

Nuvo, the fastest trade credit management platform for B2B sellers, has announced a strategic relationship with Equifax®, a leading global data, analytics and technology company.

/people

Creditinfo appoints TransUnion veteran John Canon as global chief commercial officer

Creditinfo, a global service provider for credit information and risk management solutions, has today announced the appointment of John Cannon as its Global Chief Commercial Officer (CCO).

/wholesale

Broadstone buys Vestigo to deepen credit risk capabilities

Broadstone, a leading independent pensions, employee benefits, investments and insurance consultancy, announces the acquisition of Vestigo Partners Limited (Vestigo), an experienced and dynamic analytics and credit risk consultancy established in 2017.

/wholesale

Genesis Global launches credit processing automation platform

Genesis Global launched a new solution to automate bank processes for offsetting credit risk in lending and financing businesses.

/wholesale

FICO Partners and Atto partner for credit risk modelling

Atto, a leading provider of credit risk solutions using transactional data, is thrilled to announce a strategic partnership with FICO, a global analytics software leader, for the UK market.

/people

Lloyds Bank cuts risk dept headcount

UK high street bank Lloyds Bank is reducing the size of its risk management department because it is seen as a “blocker” to the bank’s “strategic transformation”.

/wholesale

Mastercard invests in Hello Alice

Hello Alice, a platform connecting small businesses to capital, connections and opportunities, has closed a Series C funding round joined by QED Ventures and Mastercard.

/startups

Sweden's Scayl raises €100m to address fintech lending gap

Swedish startup Scayl, a debt financing platform based in Stockholm, has raised €100M to address a lending gap in the fintech sector.

/wholesale

Capchase Infra launches

Capchase, a leading provider of non-dilutive capital and payment tools for Software-as-a-Service (SaaS) companies, today introduced Capchase Infra, a software solution for banks and other lending institutions to make informed credit decisions when evaluating high-growth companies by automating their data collection, underwriting, and risk monitoring processes.

/people

Provenir name Christopher Brown senior sales exec, Middle East, Africa, and Turkey

Provenir, a leading global provider of AI-powered risk decisioning software, today announced Christopher Brown's appointment as Senior Sales Executive for the Middle East, Africa, and Turkey (MEA&T) region.

/wholesale

Derivitec launches in the US

Derivitec, an independent software vendor with a mission to make quality risk analytics universal and affordable, has established an office in New York following a rapid rise in user numbers amongst its US clients.

/retail

Solomon Islands launches digital lending product

Yabx, a cloud-based lending platform, that utilises AI scoring, has collaborated with the Solomon Islands National Provident Fund (SINPF) and the United Nations Capital Development Fund (UNCDF), to create mobileFund, a groundbreaking instant digital loan product, will soon be available to all Yousavers in the Solomon Islands.

/startups

Stax Payment founders launch AI-powered credit underwriting platform Worth AI

Worth AI, a fintech SaaS startup, officially launched today and announced its artificial intelligence-powered risk management and underwriting technology.

/retail

Experian consumer credit reports to include Apple Pay Later information

Experian has announced it will be the first credit bureau to include Apple’s buy now pay later (BNPL) loan information on consumers’ credit reports.

/Credit risk

8 Steps to Efficient Transaction Fraud Monitoring

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