Credit risk

308 articles tagged with this keyword

/payments

Cirralto upgrades core product Spenda

Following the commercial release of the Spenda Payment Suite in May 2021, this week, Cirralto released a major upgrade to the Spenda system.

/wholesale

ForwardAI unveils PreciseMatch transaction mapping tool

ForwardAI, a fintech providing aggregated access to business & accounting data and analysis, today introduced PreciseMatch, an intelligent transaction mapping technology that automatically cross-validates accounting systems with synced banking accounts, allowing for smarter, more efficient small business lending decisions.

/people

Merrylees jumps ship from RBS to Scottish fintech startup Know-it

Innovative, Glasgow-based credit management software firm, Know-it, has today announced the appointment of Gordon Merrylees, as its Chief Commercial Officer.

/wholesale

Equifax to acquire Appriss Insights

Equifax (NYSE: EFX) a global data, analytics and technology company has signed a definitive agreement to acquire Appriss Insights, a trusted and comprehensive source of risk and criminal justice intelligence, for $1.825 billion.

/Credit risk

Kaizen Compliance and Nexus FrontierTech combine on AI-based risk assessment tool

Financial Crime Risk and Compliance consultancy Kaizen Compliance Solutions and AI solutions firm Nexus FrontierTech today announced a partnership to develop an AI-powered tool aimed at automating the traditionally labour-intensive and time-consuming process of Client/Customer Risk Assessment.

/markets

Bloomberg introduces daily credit risk indicators

Bloomberg today announced its Market-Implied Probability of Default (MIPD) product, a fully market-driven creditworthiness indicator, is now available to both Enterprise Data and Bloomberg Terminal clients globally.

/startups

Singapore fintech startup CrediLinq.Ai realises SG$1.35 million in angel funding

Singapore based financial services technology firm, CrediLinq.Ai, today announced that it has secured a SGD 1.35 Million Angel funding round.

/retail

Alkami and Constant team on digital loan servicing

Constant, a fast-growing provider of digitized, self-service technologies for banks and credit unions, announced today its partnership with Alkami, a leading digital banking solutions provider, to deliver a transformative solution to enhance digital loan servicing and loss mitigation for banks and credit unions across the nation.

/sustainable

DirectID and Doconomy join forces to combat climate change

Global FinTech DirectID have signed a partnership agreement with pioneering Swedish impact tech company Doconomy.

/people

Bloom Credit names CEO

Bloom Credit (www.bloomcredit.io), an API platform company that helps businesses integrate with the credit bureaus, today announced former LendKey Chief Revenue Officer Christian Widhalm will be taking over the role of CEO from co-founder Matt Harris, who will be elevated to Executive Chairman after leading the company from its inception and across the previous five years.

/retail

Creditspring hits 50,000 members

Creditspring, the FCA-regulated consumer credit provider, today announces that it has reached a milestone of 50,000 members since its launch in 2016. This is a key step in its ambition to improve the financial health of 100,000 members by the end of 2021.

/inclusion

Online service aims to ease financial anxiety for vulnerable customers

IE Hub, an online income and expenditure portal aimed at helping the financially vulnerable take control of their finances, has partnered with the Vulnerability Registration Service, which gives vulnerable people a voice, by enabling them to inform multiple organisations of their vulnerable circumstances.

/wholesale

Slovenská sporiteľňa picks Fico tech to sharpen lending

Slovenská sporiteľňa, the largest commercial bank in Slovakia, has chosen FICO Decision Optimizer to increase profitability and improve portfolio management for its cash loan portfolio.

/wholesale

Cross River Bank acquires data and analytics firm PeerIQ

CRB Group, Inc., the parent company of Cross River Bank (“Cross River”), a technology-driven financial services organization that provides core infrastructure and embedded financial solutions, today announced that as of the first quarter of 2021, it has wholly acquired Synthetic P2P Holdings Corporation d/b/a PeerIQ (“PeerIQ”), a preeminent data and risk analytics firm that helps institutions analyze, assess and manage risk in the lending sector, as an affiliate of the New Jersey state-chartered FDIC-insured bank.

/people

Oliver Wyman's Sean Cory to join Qred as chairman

Swedish fintech company Qred has elected Sean Cory to become Chairman of the board for the company.

/retail

BancorpSouth Bank taps 4most for credit risk support

Global risk analytics consultancy, 4most, has announced the provision of its USA CECL Economics Service to BancorpSouth Bank amidst the ongoing pandemic.

/retail

Intellect Design Arena ships iKredit360

Intellect Design Arena Ltd, the world’s most comprehensive IP-led solutions provider for leading financial institutions, announced the launch of iKredit360, a revolutionary credit platform exclusively designed for European financial institutions.

/retail

Orange Bank to use tech from Younited to improve consumer credit ops

With nearly €500 million of consumer credit expected to be generated in France in 2021, Orange Bank wishes to extend and market its personal loan and assigned credit offers to new customers.

/startups

Oz credit risk platform Rich Data Corp raises $15 million

Rich Data Corporation (RDC), an industry-leading AI credit risk management platform, has raised $15 million via a strongly supported and upsized funding round.

/wholesale

Mswipe develops MSME score for risk based credit

Helping banks, financial institutions and non-bank finance companies (NBFCs) to better assess micro, small and medium enterprise (MSMEs) for credit solutions, Mswipe announced an industry first hybrid credit score in partnership with Equifax.