Latest Credit risk News: Finextra Research

Company update/startups

Santander Germany chooses Ebury to support its SME customers

Ebury and Santander Germany are delighted to announce a new partnership to offer businesses in Germany a complete international finance solution to simplify international trade. By joining forces in Germany, clients will benefit from their combined services allowing them to trade with anyone from anywhere. The partnership has already been successfully trialled by a number of clients.

10 November 2021

Research/Credit risk

Addressing the Poverty Premium: A data-led approach

05 November 2021 296 downloads

News/wholesale

Fin VC and Barclays invest in invoice insurance platform Nimbla

Invoice insurance startup Nimbla has attracted £5.1 million in funding from Silicon Valley's FIN VC with participation from Barclays Bank.

03 November 2021

Company update/retail

Levo Credit Union selects Scienaptic for AI-based credit decisioning

Leading global AI-powered credit decision platform provider, Scienaptic AI announced that Levo Credit Union has chosen its AI-powered platform, enabling the credit union to make faster loan approvals, reaching more members, increasing loan approval rates and enhancing member experience.

01 November 2021

Company update/retail

Banorte rolls out Murex credit risk management platform

Murex, the global leader in trading, risk, and processing solutions for capital markets, is pleased to announce that Banorte has successfully implemented Murex’s flagship MX.3 platform for its credit risk management and XVA desk deployment.

26 October 2021

Company update/wholesale

MedMera Bank taps TietoEvry for AI-based profit scoring

TietoEVRY extends its collaboration with MedMera Bank through the deployment of game-changing AI and Machine Learning solutions.

26 October 2021

News/identity

Identity decisioning platform Alloy moves into credit underwriting

Alloy, the recently named unicorn, has expanded its identity decisioning platform to include credit underwriting, with the intention of building comprehensive views of customers in line with their onboarding and transaction monitoring products.

20 October 2021

Company update/retail

Wiserfunding partners CrediLinq.Ai on SME credit underwriting in Asia

London-based Wiserfunding, a leading provider of credit risk assessment for SME lenders, today announced a strategic partnership with CrediLinq.Ai, a Singapore-based, fully integrated AI credit platform, disrupting SME credit underwriting in Southeast Asia.

15 October 2021

Company update/payments

Fintech Juni secures $52M Series A follow-on led by EQT Ventures

Juni, the financial companion for ecommerce entrepreneurs, has secured $52M in funding led by EQT Ventures, with participation from FJ labs and other existing investors to add to the $21M already raised from their Series-A round in late June this year.

14 October 2021

News/retail

Credit Kudos launches Open Banking credit score

Credit Kudos has launched Signal, an Open Banking and machine learning-based credit score that it says enables lenders to increase acceptance of previously declined customers and reduce defaults.

14 October 2021

Company update/people

BlueVine names Mira Srinivasan chief risk officer

BlueVine, the leading provider of innovative financial services for small businesses, today announced the appointment of Mira Srinivasan as its Chief Risk Officer.

12 October 2021

Company update/payments

Cirralto upgrades core product Spenda

Following the commercial release of the Spenda Payment Suite in May 2021, this week, Cirralto released a major upgrade to the Spenda system.

08 October 2021

Company update/wholesale

ForwardAI unveils PreciseMatch transaction mapping tool

ForwardAI, a fintech providing aggregated access to business & accounting data and analysis, today introduced PreciseMatch, an intelligent transaction mapping technology that automatically cross-validates accounting systems with synced banking accounts, allowing for smarter, more efficient small business lending decisions.

15 September 2021

Company update/people

Merrylees jumps ship from RBS to Scottish fintech startup Know-it

Innovative, Glasgow-based credit management software firm, Know-it, has today announced the appointment of Gordon Merrylees, as its Chief Commercial Officer.

25 August 2021

Company update/wholesale

Equifax to acquire Appriss Insights

Equifax (NYSE: EFX) a global data, analytics and technology company has signed a definitive agreement to acquire Appriss Insights, a trusted and comprehensive source of risk and criminal justice intelligence, for $1.825 billion.

12 August 2021

Research/Credit risk

SMEs Front and Centre

10 August 2021 524 downloads

Company update/Credit risk

Kaizen Compliance and Nexus FrontierTech combine on AI-based risk assessment tool

Financial Crime Risk and Compliance consultancy Kaizen Compliance Solutions and AI solutions firm Nexus FrontierTech today announced a partnership to develop an AI-powered tool aimed at automating the traditionally labour-intensive and time-consuming process of Client/Customer Risk Assessment.

04 August 2021

Company update/markets

Bloomberg introduces daily credit risk indicators

Bloomberg today announced its Market-Implied Probability of Default (MIPD) product, a fully market-driven creditworthiness indicator, is now available to both Enterprise Data and Bloomberg Terminal clients globally.

27 July 2021