Credit risk

481 articles tagged with this keyword

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FOLK2FOLK makes business development appointment

FOLK2FOLK, the UK's leading Peer to Peer lending company, has announced Carlos Howard as its new Head of Business Development.

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Equifax launches merchant data network for small business lenders

Equifax (NYSE: EFX) has launched a new Merchant Data Network, an Equifax Cloud-based data network to help provide greater visibility into the financial profiles of U.S small businesses.

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Aryza acquires Axcess Consulting

Aryza Group, a leading provider of financial software solutions, has acquired Axcess Consulting Pty Ltd (“Axcess”), an Australian headquartered provider of loan management software to blue chip financial services companies across Australia, UK, Ireland, Asia and Canada.

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Lemon accesses alternative data from Wiserfunding for credit risk assessment

British FinTech, Lemon, which specialises in SaaS finance for SMB’s has announced a strategic partnership with WiserFunding, a leader in alternative data for credit risk assessment.

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AND Solutions to deliver AI-based document processing and credit scoring to Esquire Finance

Leading fintech company AND Global’s subsidiary, AND Solutions, has today announced a new partnership with Esquire Financing Inc., a Philippines-based non-bank financial institution that specializes in providing business loans to SMEs.

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Mbanq BaaS platform integrates with credit decisioning tech from SMEApprove

Global banking technology and Banking-as-a-Service (BaaS) provider, Mbanq, announces its partnership with SMEApprove, a leading provider of Credit Decisioning-as-a-Service (CDaaS) to organizations that lend to the small and medium-sized enterprise (SME) sector.

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Okredo scores €1.2 million in EU funding for AI/ML-driven scoring system

Okredo, a company specializing in open data solutions, has secured €1.2 million funding from the EU for the development of a multi-modular AI/ML-driven scoring system valued at €1.5 million euros.

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Bectran rolls out multi-layered waterfall model for automated credit decisions

High request volumes form bottlenecks for credit departments.

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Numerated adopts Validis acccounting data

Numerated, a leading fintech providing modular commercial lending solutions, is excited to announce a strategic partnership with on-demand accounting data provider Validis.

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CFPB proposes rule for paycheck advance products

The interpretive rule is designed to help ensure US workers know the costs and fees of paycheck advance products.

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Estonian fintech Mifundo picks up €2.5 million grant from European Innovation Council

Innovative Estonian fintech company Mifundo has secured €2.5M grant funding plus investment from the prestigious European Innovation Council (EIC) Accelerator program, making it the first fintech company ever to receive full funding from this initiative.

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AI, the Mechanism for Anticipating Customer Needs

Join FinextraTV at the Temenos Community Forum 2024 as Arun Thallapelly, Global Head of BSG, Temenos and Tielman Walters, Chief Technology Officer, Barko survey how digital innovation is helping banks make key connections with customers. Considering the wealth, facets and magnitudes of data available to financial institutions, the discussion taps into how effectively leveraging this data could provide banks with a detailed picture of how a customer currently behaves and would behave in the future. Organisations now need to anticipate needs in a much more effective way and AI is the tool to utilise to achieve this. AI can help precisely understand what the next step of the user journey will be and in turn, products and usability can be enhanced.

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BNP Paribas champions innovation in credit distribution with CobaltFX’s Dynamic Credit

BNP Paribas, an early adopter of CobaltFX's Dynamic Credit, further expands its engagement with CobaltFX, part of United Fintech, to address regulatory and industry concerns, setting a new standard for precision and effectiveness in market operations.

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Nuvo boosts credit application software with Equifax

Nuvo, the fastest trade credit management platform for B2B sellers, has announced a strategic relationship with Equifax®, a leading global data, analytics and technology company.

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Creditinfo appoints TransUnion veteran John Canon as global chief commercial officer

Creditinfo, a global service provider for credit information and risk management solutions, has today announced the appointment of John Cannon as its Global Chief Commercial Officer (CCO).

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Broadstone buys Vestigo to deepen credit risk capabilities

Broadstone, a leading independent pensions, employee benefits, investments and insurance consultancy, announces the acquisition of Vestigo Partners Limited (Vestigo), an experienced and dynamic analytics and credit risk consultancy established in 2017.

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Genesis Global launches credit processing automation platform

Genesis Global launched a new solution to automate bank processes for offsetting credit risk in lending and financing businesses.

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FICO Partners and Atto partner for credit risk modelling

Atto, a leading provider of credit risk solutions using transactional data, is thrilled to announce a strategic partnership with FICO, a global analytics software leader, for the UK market.

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Lloyds Bank cuts risk dept headcount

UK high street bank Lloyds Bank is reducing the size of its risk management department because it is seen as a “blocker” to the bank’s “strategic transformation”.

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Mastercard invests in Hello Alice

Hello Alice, a platform connecting small businesses to capital, connections and opportunities, has closed a Series C funding round joined by QED Ventures and Mastercard.