Latest Credit risk News: Finextra Research

Nationwide signs up to EDM Prism

Nationwide Building Society has become the first lender to sign up to EDM Mortgage Support Services’ PRISM solution, with other lenders expected to follow suit in the New Year.

30 November 2016

Company update/Credit risk

Lending Stream to revamp credit platfor with Fico

Analytic software firm FICO announced today that UK short-term lender Lending Stream has built its credit system using the FICO Decision Management Suite, a platform for developing decision management applications.

10 November 2016

Company update/Credit risk

Fico partners Leddo to bring credit scores to India

Fico, the world leader in credit scoring, has today announced a new partnership with Lenddo, a specialist in credit and verification technologies.

03 October 2016

Company update/Credit risk

NCino adds auto decisioning to platform

nCino, the worldwide leader in cloud banking, has introduced Loan Auto Decision to its Bank Operating System, enabling financial institutions to automatically run loan requests against their existing, proven credit policies, rendering decisions and providing customers with funds more quickly and efficiently than ever before.

29 September 2016

Company update/Credit risk

S&P Global launches credit analytics workflow tool

S&P Global Market Intelligence, a division of S&P Global (SPGI) offering global multi-asset class data solutions, market research and portfolio analytics to global investors, today announced it has launched a new Credit Analytics workflow solution via its S&P Capital IQ platform.

12 September 2016

Company update/Credit risk

Siam Commercial Bank deploys Numerix Oneview Risk for CVA

Numerix, the leading provider of cross-asset analytics for derivatives valuations and risk management today announces the successful implementation of its Numerix Oneview Risk solution at the first Thai bank with the highest market capitalization, Siam Commercial Bank (SCB).

17 August 2016

News/Credit risk

CPMI-Iosco reports push CCP regulatory agenda

Derivatives central counterparties (CCPs) have made meaningful progress in boosting their resilience in recent years but more work is needed to ensure consistency around the world, according to new reports from major global bodies.

16 August 2016

Company update/Credit risk

Shawbrook Bank enlists Jaywing for IFRS 9 compliance

Credit risk analytics expert, Jaywing, was appointed by Shawbrook Bank at the start of the year to support it through the build of a comprehensive credit risk modelling programme that will underpin credit management, impairment forecast and capital requirement including stress testing and ICAAP.

28 July 2016

Company update/Credit risk

Singletrack wins new contract with Height Securities for cloud CRM platform

Singletrack, the London-based capital markets CRM and research solution specialists, have announced a new contract with Height Securities LLC, a privately held Washington DC-based broker-dealer.

26 July 2016

Company update/Credit risk

Crédit Agricole Consumer Finance increased collections productivity by 30% using Fico

Analytics software firm Fico announced that Crédit Agricole Consumer Finance (CA CF), a leading player in consumer credit in Europe, has seen excellent results using Fico technology to manage customer credit decisions.

25 July 2016

Company update/Credit risk

Dun & Bradstreet launches cloud-based D&B Credit

Dun & Bradstreet has today launched D&B Credit™, the next generation risk management platform for trade credit in the UK and Ireland.

25 July 2016

News/Credit risk

Baidu partners ZestFinance to turn search data into credit scores

Chinese web giant Baidu has made an investment in ZestFinance, a US fintech startup using machine learning to overhaul the credit scoring business. The size of the deal has not been disclosed.

18 July 2016

News/Credit risk

UK P2P lender MarketInvoice raises £7.2m

MarketInvoice, a UK-based P2P lender has secured more than £7m in its latest round of fundraising, defying the economic uncertainty around startups following the UK's controversial vote to leave the European Union.

18 July 2016

Company update/Credit risk

Oracle launches cloud-based debt collection suite

Financial institutions looking to recoup delinquent accounts while maintaining a positive association with their brands have a powerful new tool: Oracle Banking Collections.

28 June 2016

Company update/Credit risk

Numerix teams up with Mexican pricing provider PiP

Numerix, the leading provider of cross-asset analytics for derivatives valuations and risk management today announces a new partnership with Mexico’s Proveedor Integral de Precios “PiP,” the leading independent price provider in Latin America, providing specialized pricing and risk services for valuation of wide range of financial instruments.

22 June 2016

Company update/Credit risk

Fico launches analytic engagement programme for universities

Analytic software firm FICO today announced the FICO Academic Engagement Program, which helps undergraduate and graduate business students at participating universities gain hands-on experience in solving real-world business challenges with state-of-the-art analytical software.

13 June 2016

Company update/Credit risk

Experian ships new fraud and ID plug-and-play platform

Experian, the leading global information services company, today unveiled the fraud and identity industry's first open platform designed to catch fraud faster, improve compliance and enhance the customer experience.

01 June 2016

News/Credit risk

Ormsby Street partners Deutsche Bank to launch credit checking tool in Germany

British startup Ormsby Street has launched its small business credit-checking tool in Germany through a partnership with Deutsche Bank.

26 May 2016

Company update/Credit risk

Halk Bank, Turkey to ramp up collections with Intellect’s Debt Management

Intellect Design Arena Limited, the world's only fullspectrum suite of consumer banking products, today announced that Halk Bank, the largest bank in Turkey has partnered with Intellect to automate their Debt Management processes.

23 May 2016

News/Credit risk

US Treasury calls for online lending oversight

In a week in which the sector has been rocked by the Lending Club scandal, online marketplaces have been warned in a new report from the US Treasury that they need to be more transparent and should, in some cases, face greater regulatory oversight.

11 May 2016