Credit risk

486 articles tagged with this keyword

/retail

Equifax buys PayNet

Equifax Inc., (NYSE: EFX) a global data, analytics and technology company has acquired PayNet, a company that provides commercial credit risk underwriting and management solutions to online and alternative finance lenders, and commercial finance and leasing companies in the U.S. and Canadian markets.

/retail

Lowell opens Amsterdam data science centre

Lowell has cemented its commitment to industry-leading, advanced analytics with the launch of Lowell Labs.

/Credit risk

SoGen issues covered bond as security token on Ethereum

Societe Generale has issued EUR100 million of covered bonds as a security token, directly registered on the Ethereum blockchain.

/Credit risk

Automation could displace 40 FS industry job roles - Singapore study

Dozens of financial services job roles will see much of their work taken by data analytics and automation in the next few years, according to a new report from Singapore, which is preparing for the radical workforce shift with a new career training programme focused on emerging technology roles.

/Credit risk

Tackling digital transformation in Nordic financial services

SWIFT's Business Forum Nordics event examined how the financial services community in the region can deliver technological innovation while managing emerging risk factors.

/retail

Equifax and Wolters Kluwer team on end-to-end CECL tool

Equifax, a global data, analytics, and technology company, and Wolters Kluwer’s Finance, Risk & Reporting (FRR) business, are teaming up to provide an end-to-end Current Expected Credit Losses (CECL) solution.

/ai

Fico and Equifax team up to sell data to banks

To increase velocity for deploying predictive models, Fico and Equifax are introducing the Data Decisions Cloud.

/inclusion

Money 20/20 Asia: Leveraging data to provide the unbanked with credit

Money 20/20 Asia day three opened with a detailed discussion on reaching the unbanked in South East Asia, following an age in which financial inclusion has been driven by regulatory and policy mandates. Today, the ‘financial inclusion market’ is leveraging data analytics to offer a greater choice for consumers and expand in areas that financial institutions previously avoided because of increased paperwork.

/Credit risk

Evergreen Finance selects Fico to automate lending decisions

Evergreen Finance London Ltd, a leading UK fintech that operates as MoneyBoat.co.uk, have recently selected FICO technology and analytics to automate lending decisions.

/regulation

CubeLogic upgrades RiskCubed platform

CubeLogic, a leader in Business Intelligence (BI) enabled enterprise risk management, workflow and reporting solutions, announces the launch of Version 7.0 of their award winning RiskCubed platform.

/wholesale

Numerix introduces alternative reference rate curve analytics to accelerate Libor transition

Numerix, the leader in risk technology, today announces SOFR and SONIA curve support is now available via its award-winning Numerix CrossAsset Analytics, the industry’s most comprehensive library of models and methods for pricing any conceivable instrument using the most advanced calculations.

/Credit risk

Thomson Reuters launches Clear Risk Inform

Thomson Reuters has launched CLEAR® Risk InformTM, a new product to improve the risk-analysis process for organizations and the first risk-scoring solution to bring together analysis and public records with customizable definitions.

/wholesale

Linedata Capitalstream adds 'sales accelerator'

Linedata (Euronext Paris: LIN) announces the latest release of Linedata Capitalstream, a commercial loan origination and risk management solution, with powerful new features to address evolving business needs and improve the user experience.

/Credit risk

Experian joins $11m funding round for credit scoring startup Aire

Aire, a fintech startup bidding to make credit "fairer" for consumers, has raised $11 million in a Series B funding round led by Crane Venture Partners and joined by Orange Digital Ventures and the venture arm of Experian.

/ai

AI to outperform human credit decisions by 2024 - survey

Artificial intelligence (AI) will produce more accurate, reliable and transparent credit decisions than human-based systems within five years, according to capital markets professionals surveyed by Intertrust.

/retail

Banker’s Toolbox rebrands as Abrigo

Banker’s Toolbox, which acquired MainStreet Technologies (MST) and Sageworks in 2018, announced today that it is now Abrigo.

/Credit risk

Challenger bank Chetwood gets UK banking licence

Chetwood Financial, which is backed by UK hedge fund Elliott Management, is the latest challenger bank to be granted a full UK banking licence.

/ai

ING develops early warning system for credit risk

ING has partnered with Google and PwC to develop an AI-enabled system capable of crunching huge volumes of financial data in search of hidden signals that indicate heightened levels of credit risk.

/payments

Equiniti Riskfactor wins US client Eagle Business Credit

Equiniti Group plc, the FTSE-listed share services and fintech business, is delighted to announce that its risk management business, Equiniti Riskfactor, has been awarded a contract with Eagle Business Credit, the Atlanta-based factoring company which launched in 2013 and provides flexible funding solutions for small businesses.

/Credit risk

Switzerland adopts new fintech authorisation rules

The Swiss government has amended its Banking Act to include new authorisation rules for fintechs in its latest bid to boost innovation in the sector.