Credit risk

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/Credit risk

GPS and Marq Millions join forces for Arro Money launch

Global Processing Services (GPS) is pleased to announce its agreement with new client Marq Millions as they launch their flagship product Arro Money.

/Credit risk

Blockchain startup gets leg up from Startupbootcamp

Project Dolphin Blockchain Intelligence (https://presale.dolphin.bi/) is a platform for collecting quick and high-quality risk assessment and information about ICO campaigns.

/Credit risk

Trade credit risk management tech outfit Tinubu Square raises EUR53m

Tinubu Square, a leading provider of trade credit risk management solutions, announces the investment of €53 million from Long Arc Capital and Bpifrance to accelerate the development of its technology solutions for credit and surety insurers, trade finance banks and export credit agencies.

/Credit risk

Equiniti launches new credit services business

Equiniti is pleased to announce the launch of Equiniti Credit Services, the UK’s primary consumer credit technology and outsourced service provider.

/Credit risk

Atlas Finance to use Nucleus Lending Analytics

Nucleus Software, a leading lending and transaction banking solutions provider, today announced that Atlas Finance, a micro-finance company in South Africa, has chosen Nucleus Lending Analytics to help them leverage the insights provided by their data to make faster, more informed lending decisions.

/Credit risk

Fiserv responds to Current Expected Credit Loss (CECL) standards

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that the company is helping financial institutions efficiently and effectively respond to the shifting regulatory landscape with the launch of Prologue™ Credit Loss Manager.

/Credit risk

Assetz Capital's P2P lending platform gets FCA approval

Today, Assetz Capital, one of the UK’s largest Peer-to-Peer platforms, announced it has received full authorisation from the UK regulator, the Financial Conduct Authority (FCA).

/Credit risk

ING Bank taps Fico for Czech Republic operations

European banking leader ING Bank will use decision management software and predictive models from analytic software firm Fico to launch its unsecured lending program.

/Credit risk

MarketInvoice extends lending platform to more businesses

Business finance company MarketInvoice has opened the doors to more than 400,000 smaller businesses accessing a whole ledger confidential invoice discounting service, which has previously been the preserve of larger businesses, by easing the annual turnover criteria.

/Credit risk

CapStar Bank picks Baker Hill lending platform

Baker Hill, a leading provider of technology solutions for common loan origination, relationship management and smart data analytics, announced that CapStar Bank selected Baker Hill NextGen™ Consumer Loan Origination for Direct Lending to streamline its entire consumer lending process and accommodate its growing loan portfolio.

/Credit risk

NEX Optimisation releases automated credit rebalancing tool

NEX Optimisation, which helps clients reduce complexity and optimise resources across the transaction lifecycle, announces today that it has launched an automated credit rebalancing tool that specifically addresses limit over-allocation by prime brokers.

/Credit risk

Euler Hermes strikes deal with credit risk analysis firm CRiskCo

Euler Hermes, the world’s leading trade credit insurer, today announced an innovative partnership with fintech credit risk analysis company, CRiskCo.

/Credit risk

IDB Bank implements Linedata Capitalstream platform

Linedata (NYSE Euronext: LIN), the global solutions provider dedicated to the investment management and credit industries, today announced that the Israel Discount Bank of New York (IDBNY) has chosen its best-in-class lending and leasing solution for credit decision makers: Linedata Capitalstream.

/Credit risk

Riskopy acquired by Coupa for data aggregation capability

Coupa Software, a leader in cloud-based spend management, today announced that it has acquired substantially all of the assets of Riskopy, Inc.

/Credit risk

4most appoints John Webb as head of commercial credit risk

4most, the global credit risk consultancy, today announces the appointment of John Webb as Head of Commercial Credit Risk. John joins 4most from Deloitte’s Risk and Regulation practice where he was Associate Director within the Risk Adjusted Applications Team.

/Credit risk

P2P lending platform Assetz Capital to raise interest rates for limited time

Assetz Capital, one of the UK’s largest and fastest growing peer-to-peer finance platforms, today announced it was raising the interest rate on its popular 30 Day Access Account (30DAA) by 0.5% to 4.75% for a limited time.

/Credit risk

TradeShift partners with CreditEase on trade financing app

Tradeshift, the world’s largest business commerce platform, has partnered with CreditEase to deliver a trade financing app that will bring low-cost financing to millions of businesses in China.

/Credit risk

Fico promises faster loan decisioning for smaller financial firms

FICO has launched FICO® Origination Manager Essentials to help smaller financial institutions make faster, smarter small business lending decisions.

/Credit risk

Lantern Credit adds former Morgan Stanley chief John Mack to board of advisors

Lantern Credit, a financial technology company working to solve systematic inefficiencies in the consumer credit industry, appoints esteemed banking industry veteran John Mack as Chairman of its Board of Advisors, joining current board members John Sculley, former chairman of Apple Computer, James Held former president and CEO of the Home Shopping Network, Seth Johnson and Kevin Knight.

/Credit risk

IHS Markit adds risk scoring and remediation to KY3P platform

IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions, today announced the addition of many new features to its Know Your Third Party Risk Management platform (KY3P) to further support its rapidly growing customer base.

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