Latest Credit risk News: Finextra Research

Thomson Reuters bolsters credit risk platform

Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, today announced that it has enhanced its credit risk capabilities, by adding StarMine Credit Default models to its DataScope suite, bringing together on one platform reference data, core ratings agency data, pricing and analytics.

16 July 2015

Company update/Credit risk

Lenddo launches credit risk SDK for mobiles

Today Lenddo announced its new technology suite for mobile apps.

13 July 2015

Company update/Credit risk

Free UK credit scoring startup ClearScore begins beta testing

The UK’s first ever service giving consumers completely free access to their credit report and credit score begins beta testing today, and will be available to the UK public later this month.

02 July 2015

News/Credit risk

Credit Karma seals $175m investment

Credit and financial management service Credit Karma has raised $175 million in a Series D funding round joined by Tiger Global Management, Valinor Management and Viking Global Investors.

23 June 2015

Company update/Credit risk

CetoLogic introduces Web-based ALM package

CetoLogic, a leading provider of software and analytics for financial institutions and retailers, announced the availability of pALMs, a web-based asset liability management simulation software that provides accurate and detailed analysis asset-by-asset and liability-by-liability.

15 June 2015

Company update/Credit risk

S&P Capital IQ expands Asia-Pacific coverage

S&P Capital IQ, a business unit of McGraw Hill Financial (NYSE:MHFI), today announced a significant expansion of third-party credit research on its platform covering rated entities in ten countries across the Asia-Pacific region.

02 June 2015

Company update/Credit risk

BTMU Holland to use Wolters Kluwer OmeSumX for liquidity risk management

Bank of Tokyo-Mitsubishi UFJ (Holland) NV (BTMU Holland) has signed with Wolters Kluwer Financial Services to use its OneSumX solution.

20 May 2015

Company update/Credit risk

Asset Control offers new interface to ratings agencies

Asset Control, the leading provider of financial data management solutions and services, announces the launch of its interfaces for S&P Capital IQ’s Xpressfeed, and Moody’s reworked ratings product, Moody’s RDS v2.0.

19 May 2015

News/Credit risk

Researchers build model to predict which delinquent credit card holders will pay up

University researchers say that they have found a way to predict which delinquent credit card accounts will repay outstanding balances that is up to 50% more accurate than the scoring systems currently used by banks.

15 May 2015

Company update/Credit risk

InvestUp appoints Cary Depel legal director

InvestUP, the crowdfunding investment portal and portfolio management tool for peer-to-peer (P2P) and crowd funded lending platforms, has appointed Cary Depel as its new compliance and legal director.

14 May 2015

Company update/Credit risk

Paylevo integrates FinTecSystems risk tech into mobile invoicing system

Stockholm-based mobile-invoicing company Paylevo focusing on smart, convenient and secure payment methods now integrates FinTecSystems Risk Solution as its foundation of its innovative credit check for German customers.

06 May 2015

Company update/Credit risk

PeerIQ risk analytics platform secures $6 million in financing

PeerIQ, a financial information services company that connects peer-to-peer ("P2P") lending to the capital markets by helping institutional investors analyze, access and manage risk, today announced that it has raised $6 million of seed funding.

09 April 2015

News/Credit risk

Fico targets underbanked with alternative credit scoring system

Fair Isaac is piloting a new credit scoring system that uses alternative data that should make it easier for the underbanked to prove their creditworthiness.

02 April 2015

News/Credit risk

Canada's D+H agrees $1.25bn Fundtech acquisition

Canadian financial technology firm D+H is to buy transaction banking vendor Fundtech for $1.25 billion in cash, subject to regulatory approvals.

31 March 2015

Company update/Credit risk

S3 Partners to provide weekly data for Imagine Software clients

Imagine Software, the leading provider of real-time portfolio management, risk and regulatory solutions for financial firms worldwide, today announced a new partnership with S3 Partners.

16 March 2015

News/Credit risk

Wells Fargo launches credit score advice sites

US bank Wells Fargo has built a set of interactive websites designed to help users build and improve their credit.

25 February 2015

News/Credit risk

Alibaba's Ant Financial takes credit scoring to a new level

Ant Financial, the financial services arm of e-commerce giant Alibaba, is leveraging Big Data technology and all of its considerable customer assets to launch a powerful new credit scoring agency.

28 January 2015

News/Credit risk

Insufficient data the greatest obstacle to better risk management - bank execs

Despite ever-growing volumes of data, just over half of banks still think that not having enough is the greatest obstacle to better risk management, according to a survey from the Economist Intelligence Unit.

11 December 2014

News/Credit risk

Ex-Pimco boss El-Erian invests in P2P lender Payoff

Former Pimco chief executive Mohamed El-Erian has become the latest big name from the world of traditional financial services to take an interest in P2P lending, making an investment in US outfit Payoff.

22 October 2014

Company update/Credit risk

Axiom ready for new FCA credit reporting rules

AxiomSL, a global provider of regulatory reporting and risk management solutions, has expanded its product sales data (PSD) disclosure offering to cover new consumer credit reporting requirements that are being introduced by the UK’s Financial Conduct Authority (FCA) today.

01 October 2014