Credit risk

486 articles tagged with this keyword

/Credit risk

Geopolitics and the impact of political uncertainty on financial services

At Sibos 2019, industry experts will be discussing today’s payments landscape and how banks now need to balance their customer demands for speed with regulatory demands for financial crime and risk controls.

/Credit risk

Quantifi wins asset manager client

Quantifi, a provider of risk, analytics and trading solutions, today announced that it has been selected by Tresidor Investment Management LLP (“Tresidor”), a recently launched London-based alternative credit manager led by Michael Phelps, the former Head of European Credit at BlackRock, to provide comprehensive risk and portfolio management systems to support the launch of their new credit fund.

/Credit risk

Survey shows growth of P2P lending in Europe

Analysts of the P2P platform Robo.cash have studied the search activity associated with P2P lending in Europe.

/Credit risk

Fujitsu concludes quantum computing PoC

Fujitsu today announces the successful conclusion of a loan portfolio management Proof of Concept (PoC) with Commerzbank’s research and development unit, main incubator GmbH1, leveraging the Fujitsu quantum computing-inspired Digital Annealer.

/Credit risk

SympliFi launches remittance alternative

SympliFi, a U.K.-based financial technology startup with current operations in Zimbabwe, Nigeria and Tanzania, today announced the launch of its innovative FinTech platform designed to empower diaspora around the world with easier access to financial solutions that go far beyond the traditional remittance/money transfer model

/regulation

Israeli Bank Hapoalim selects Wolters Kluwer’s credit risk software

Bank Hapoalim, one of Israel’s largest banks has selected Wolters Kluwer’s OneSumX solution for Risk Management, specifically using the software for managing its credit risk profile.

/devops

Neueda and Levyx increase data processing capacity for Python users

Capital Markets technology specialist Neueda has partnered with Levyx Inc, a leading big data system software provider, to vastly increase data processing capacity for the Python community.

/retail

TransUnion appoints Sam Welch to its UK executive team

TransUnion has appointed Sam Welch to its UK executive team, as he joins the business as part of its global strategy and planning function.

/security

Equifax goes after SME market with Interconnect Flex

Equifax, the consumer and business insights expert, has launched its Equifax Interconnect Flex solution for the SME market.

/Credit risk

Capital One data breach leaves 100 million vulnerable

Capital One revealed Monday that 100 million credit card applications had been accessed, resulting in thousands of Social Security and bank account numbers being left at risk.

/startups

Wiserfunding to provide credit ratings for SMEs

Europe’s first certified credit rating for SMEs has launched today in London.

/Credit risk

FCA suggests ban on crypto derivatives

The UK's financial services watchdog is proposing a ban on cryptocurrency derivatives for retail investors in order to prevent them incurring large losses in financial instruments they do not understand.

/Credit risk

OakNorth wins tech deal with NIBC Bank

OakNorth has signed a five-year deal with Dutch lender NIBC Bank in the first publicised sale by the British lender of its credit decisioning platform.

/payments

Capital One to acquire BlueTarp Financial

Capital One announced today the entry into a definitive agreement to acquire BlueTarp Financial, a leading business-to-business trade credit financing company headquartered in Portland, Maine.

/Credit risk

NatWest to offer first SONIA loans

NatWest is to become the first bank in the UK to respond to calls from the Financial Conduct Authority (FCA) to accelerate the transition away from loan products that use LIBOR (London Interbank Offered Rate) towards Risk-Free Rates (RFRs) by the end of 2021.

/Credit risk

Alogent acquires lending software provider Finance Genius

Alogent (www.alogent.com, @AlogentCorp), a global banking and financial software leader, serving banks and credit unions in the U.S. and abroad, today announced the expansion of its product portfolio with the acquisition of the FinanceGenius™ suite of lending software from IntelliEngines, Inc.

/regulation

Morningstar to acquire DBRS

Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today announced it has entered into a definitive agreement to acquire DBRS, the world’s fourth-largest credit ratings agency, for a purchase price of $669 million.

/inclusion

JPMorgan Chase pledges $125m to fintech-focused financial health initiatives

JPMorgan Chase will give $125 million over the next five years to non-profits working around the world to improve the financial health of underserved communities, focusing on the use of fintech tools to help people save, boost their credit and reduce debt.

/Credit risk

ICE Data Services to provide daily market view of credit risk

Intercontinental Exchange (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that ICE Data Services has launched ICE Credit Risk, an innovative new suite of analytics.

/wholesale

RiskFirst appoints Amanda Flemming US client delivery manager

RiskFirst has hired Amanda Flemming into a new role, as US Client Delivery Manager, focused on client success. Amanda will focus on ensuring clients gain maximum value from PFaroe – RiskFirst’s market-leading asset, liability and risk management technology platform.