Latest Credit risk News: Finextra Research

Wells Fargo promises faster credit for small business customers

Wells Fargo is ditching the paperwork for small businesses in need of short-term credit with the introduction of FastFlex, an online, fast-decision loan that is funded as soon as the next business day.

10 May 2016

Company update/Credit risk

Affirm appoints eBay executive Carl Gish as CMO

Affirm today announced it has hired eBay Vice President Carl Gish to be its first Chief Marketing Officer (CMO).

04 May 2016

Company update/Credit risk

Moody's Analytics launches UK mortgage portfolio analyser

Moody’s Analytics, a leader in risk measurement and management, today announced the launch of UK Mortgage Portfolio Analyser (UK-MPA), an innovative, customizable tool to help assess and manage credit risk in portfolios of residential mortgages originated in the United Kingdom.

28 April 2016

Company update/Credit risk

PNC Bank to implement BKFS LoanSphere

Black Knight Financial Services, Inc. (BKFS), a leading provider of integrated technology, data and analytics to the mortgage and real estate industries, announced today that PNC Bank N.A., a member of The PNC Financial Services Group, Inc. and one of the largest diversified financial services institutions in the U.S., will implement Black Knight solutions.

27 April 2016

Company update/Credit risk

Fico extends partnership with HPE

Analytics software firm Fico today announced an extended partnership with Hewlett Packard Enterprise (HPE) to deliver real-time decision management solutions. As a Fico Platinum Partner, HPE will engage with Fico in joint sales, service and support, delivering analytics and decision management, fraud management, originations, customer management and collections and recovery solutions in financial services, healthcare, public sector and automotive markets worldwide.

26 April 2016

Company update/Credit risk

Fico and Capgemini form fraud management alliance

Fico, the predictive analytics and decision management software company, and Capgemini, one of the world’s foremost providers of consulting, technology and outsourcing services, today announced they have formed an alliance to meet the increasing market need for analytic solutions in financial services.

25 April 2016

Company update/Credit risk

Bigbank enlists Provenir for credit and loan processing overhaul

Provenir, provider of risk analytics and decisioning solutions, today announces that Bigbank has chosen the Provenir solution to overhaul its processing of credit and loans.

11 April 2016

News/Credit risk

Branch raises $9.2m to bring mobile-based lending to developing markets

Branch, a startup promising to bring lending to people in developing nations by using data stored on their mobile phones to make credit decisions, has raised $9.2 million in a Series A funding round led by Andreessen Horowitz.

31 March 2016

Company update/Credit risk

Denali Federal Credit Union selects Baker Hill software for new commercial lending division

Baker Hill, a leading provider of SaaS solutions for common loan origination, relationship management and smart data analytics, announced today that Anchorage, Alaska-based Denali Federal Credit Union has selected its Bank2Business® origination solution paired with Statement Analyzer, a sophisticated financial analysis tool, to expand its business lending capabilities.

30 March 2016

Company update/Credit risk

Lombard Risk unveils SA-CCR reporting platform

Lombard Risk, a provider of regulatory reporting solutions to the financial services industry, launches an important update to its AgileReporter solution covering SA-CCR, the standardised approach for measuring counterparty credit risk exposures.

24 March 2016

Company update/Credit risk

Temenos integrates collections module with TransUnion credit recovery tool

TransUnion (TRU) and Temenos announced today a new strategic partnership to provide financial institutions with TransUnion's CreditVision recovery model.

22 March 2016

Company update/Credit risk

Vibrant Credit Union converts to Fiserv DNA

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that Vibrant Credit Union, based in Moline, Illinois, has completed its conversion to the DNA account processing platform and added several integrated solutions from Fiserv.

21 March 2016

Company update/Credit risk

BKFS introduces loan analytics suite

The Data & Analytics division of Black Knight Financial Services (BKFS) today introduced the Lien Analytics Suite at CBA Live, a Consumer Bankers Association event for retail bankers being held in Phoenix, Ariz.

07 March 2016

Company update/Credit risk

Bank Zachodni WBK to implement Fico Debt Manager 9

Bank Zachodni WBK, part of the Santander Group, will be the first bank in Poland to implement Fico Debt Manager 9, the latest version of Fico’s platform for collections and recovery.

27 January 2016

Company update/Credit risk

Brazilian banks enlist LexisNexis Risk Solutions for new credit bureau

LexisNexis Risk Solutions, part of RELX Group, announced today it has been chosen by FEBRABAN, the Brazilian banking industry’s main federation, and Brazil’s top five banks to provide technical services for a new credit intelligence bureau that will modernise the current Brazilian credit risk information ecosystem.

21 January 2016

Company update/Credit risk

Oakam chooses Provenir tech for real-time loan decisions

Provenir, the risk analytics and decisioning solutions provider, today announces that fintech lender Oakam has chosen its platform to help it deliver rapid, accurate loan decisions to personal customers.

21 January 2016

News/Credit risk

Alternative lender SoFi becomes Fico-free zone

US online lending powerhouse SoFi has declared itself a Fico-free zone, ditching traditional credit scores in favour of what it claims are more useful data.

12 January 2016

Company update/Credit risk

Biz2Credit launches SMB financial simulator

In an industry first, Biz2Credit, a small business financial technology platform, today launched the BizAnalyzer™ Score Simulator Tool.

17 December 2015

News/Credit risk

Rabobank to lay off 9,000 staff

Dutch co-operative bank Rabobank is set to shed almost a fifth of its workforce as it restructures in order to meet new European banking regulations.

11 December 2015

Company update/Credit risk

Murex rolls out enterprise platform for SA-CCR

Murex, the leading provider of Trading, Risk management and Processing solutions, announces a packaged solution for the Standard Approach for Counterparty Credit Risk (SA-CCR) under Basel III.

09 December 2015