Finezza

APRIL 23, 2025

In 2022, around 160 million people in India were credit-underserved. However, traditional credit scoring models do not account for an individuals lack of credit history or other important parameters, including […] The post Behavioral Scoring: The Smart Approach to Line of Credit Risk Management appeared first on Finezza Blog.

Credit Risk 52

Credit Risk Risk Management Risk Underserved 52

The Fintech Times

JULY 9, 2025

British neobank, Monzo has become the latest big name in the financial world to come under fire from the Financial Conduct Authority (FCA) for failing to implement adequate controls to stop financial crime between 2018 and 2022. million customers in 2022 and over 12 million in 2025. Since then, the company has skyrocketed, hitting 5.8

Financial Crimes 64

Financial Crimes Crime Security Online and Mobile Banking 64

The Payments Association

JUNE 11, 2025

This tension between scale and safety defines the platform risk paradox—and resolving it is now a leadership imperative. UK card fraud alone reached £396 million in 2022, with friendly fraud responsible for most chargebacks. million cases reported in 2022 and resulting in losses of £396 million.

Risk 88

Risk Fraud Prevention Fraud Detection Payment APIs and Integration 88

Fintech News

DECEMBER 18, 2024

Investree faced tight liquidity issues at the same time despite securing a US$231 million Series D funding round in October 2022, led by Qatars JTA International Holdings. This framework aims to foster innovation while ensuring robust risk management and responsible technological progress in the financial sector.

FinTech 117

FinTech Law Enforcement Financial Literacy Innovation 117

Finovate

JUNE 30, 2025

That agreement was terminated in 2022 due to regulatory hurdles and shifting market conditions. Feedzai acquires Demyst to enhance data orchestration Risk management provider Feedzai announced in April that it is acquiring data-as-a-service (DaaS) platform Demyst.

FinTech 52

FinTech Stablecoins Fraud Prevention Online and Mobile Banking 52

VISTA InfoSec

OCTOBER 7, 2024

Digital Operational Resilience Act is a new regulation (EU) 2022/2554, published in 2022 in the Official Journal of the EU, and came into force on 16 January 2023. Post audit, we are always there to support you in answering questions and interactions with your team members.

Compliance 130

Compliance Third-Party Service Provider Risk Assessment Audit 130

Fintech News

JUNE 10, 2024

As Deputy Head of Group Governance, Risk and Compliance, Tan will enhance the bank’s risk management and strengthen governance across the organization. She previously led Retail and Brand at UOB Thailand and has held senior positions in both retail and wholesale banking at Citibank Thailand before joining UOB in 2022.

Card Issuer 116

Card Issuer Governance Government Compliance 116

Bank Automation

SEPTEMBER 20, 2024

Grasshopper Bank has reduced manual reviews in its onboarding process by 57% through fintech Alloy’s risk-management solution. The bank implemented Alloy’s Identity Risk Solution in March 2022.

Risk 80

Risk Embedded Finance Risk Management Automation 80

The Fintech Times

NOVEMBER 2, 2024

According to the 2022 Bhutan Living Standards Survey Report, 95 per cent of households own a smartphone, 99.6 The post Tradition and Technology: Bhutan’s Journey into Fintech and Financial Inclusion appeared first on The Fintech Times. per cent of which have mobile internet access, and 96 per cent have a mobile connection.

Financial Inclusion 69

Financial Inclusion Technology FinTech Credit Cards 69

Finovate

SEPTEMBER 10, 2024

Delfi Labs for its technology that creates efficient risk management and hedging strategies in minutes, enabling clients to defend margins, enhance performance, and raise valuation. Credit Mountain for its technology that helps organizations grow their businesses by retaining, nurturing, and cross-selling declined borrowers.

Deepfake 111

Deepfake Advisors Innovation Risk Management 111

FICO

DECEMBER 8, 2022

Addressing Portfolio Risk in Economic Uncertainty: Part 1 (2022). This four-part series looks at embedding portfolio risk resilience into decisions across the credit lifecycle through targeted application of the FICO ® Resilience Index. Thu, 12/08/2022 - 16:00. FICO Admin. Tue, 02/18/2020 - 14:57. by David Binder.

Addressing 52

Addressing Risk Credit Risk Risk Management 52

Fintech Finance

SEPTEMBER 18, 2024

ISO 27001 certification demonstrates that Tribe has implemented robust information security and risk management systems to protect information confidentiality, integrity, and availability in today’s evolving cyber landscape.

ISOs 98

ISOs Security Payment Security Payment APIs and Integration 98

FICO

DECEMBER 8, 2022

Addressing Portfolio Risk in Economic Uncertainty: Part 4 (2022). Building portfolio risk resilience into Collections & Recovery. Fri, 06/03/2022 - 12:24. Thu, 12/08/2022 - 16:00. Figure 1: Early-stage collections contact options and illustration of treatment prioritization by risk. asokolowski.

Addressing 52

Addressing Risk Risk Management Economy 52

FICO

AUGUST 16, 2022

Canada Bankcard Industry Benchmarking Trends: Q2 2022 Update. Thu, 05/12/2022 - 07:46. Tue, 08/16/2022 - 15:30. On July 13th, 2022, Bank of Canada raised its target overnight rate to 2.5%, an increase of an entire percentage point. Consumer inflation in June 2022 is up 8.1% See all Posts. Related posts.

Credit Cards 52

Credit Cards Advisors Consulting Fraud Prevention 52

FICO

FEBRUARY 12, 2023

Home Blog FICO Top 5 Customer Development Posts of 2022: Digital Banking and Pricing Opti The most popular posts in our Customer Development category dealt with digital banking, optimizing credit line increases, loan pricing and machine learning for credit risk models. Read the full customer development post 2.

Posting 52

Posting Online and Mobile Banking Credit Limit Risk 52

FICO

FEBRUARY 21, 2023

Another full year is in the books As 2022 came to a close, the economic environment in the United States is teetering on the edge of a recession. Inflation is easing as funding rates have risen to 15-year highs, but the technology sector is beginning to lay off employees in masses – through 2022 low levels of unemployment kept the U.S.

Federal Reserve 52

Federal Reserve Credit Cards Advisors Issuers 52

FICO

DECEMBER 8, 2022

Addressing Portfolio Risk in Economic Uncertainty: Part 3 (2022). Building portfolio risk resilience into customer management. Thu, 05/12/2022 - 07:46. Thu, 12/08/2022 - 16:00. Of course, credit risk management is only one aspect of portfolio health. Saxon Shirley. by Jim Patterson.

Addressing 52

Addressing Risk Credit Limit Risk Management 52

FICO

JUNE 7, 2022

Canada Bankcard Industry Benchmarking Trends: 2022 Q1 Update. Tue, 06/07/2022 - 15:00. in April 2022, the highest since January 1991. The government of Canada raised its target for overnight rate to 50 bps to 1 % on April 13th, 2022. Average total monthly sales increased to $1,546 in March 2022, 17.5 % higher.

Credit Cards 52

Credit Cards Advisors Best Practices Issuers 52

Fintech News

JULY 17, 2024

This launch follows Arta’s expansion of its product offerings and its exit from stealth in 2022, backed by more than S$120 million from investors including Peak XV, Ribbit, and Coatue. It also uses AI to create personalised, automated portfolios, enabling direct indexing for risk management.

Finance 113

Finance Accreditation AI Encryption 113

Finovate

FEBRUARY 2, 2024

Formerly known as Bill.com, the company rebranded to BILL in 2022. ” Sweden-based Adyen was founded in 2006 and offers payment acceptance, embedded payments, virtual card capabilities, authentication, risk management, insights, and more. Among the company’s corporate clients are Meta, Uber, H&M, eBay, and Microsoft.

Acquirers 98

Acquirers Embedded Payments Risk Management Small Business 98

Finovate

JUNE 23, 2025

Supply Wisdom made its Finovate debut at FinovateFall 2022 in New York. We interviewed Jenna Wells in March of this year on the subject of third-party risk in financial services. Risk intelligence innovator Supply Wisdom has raised $14 million in new funding.

Risk 52

Risk Risk Management Advisors AI 52

Fintech News

MAY 8, 2024

MAS has been cautioning the public about these risks since 2017 and restricted cryptocurrency advertising in public spaces in January 2022. These regulations also extend to business conduct, requiring platforms to maintain proper asset segregation, conflict of interest assessments, and risk management processes.

Addressing 115

Addressing Stablecoins Monetary Loss Cryptocurrency 115

The Fintech Times

MARCH 19, 2025

Contactless fraud accounted for 41.5million in losses last year, up 19 per cent from 2022. Concryt provides fraud detection and risk management solutions for merchants, and Zasiekina points to international examples where increased limits have led to a rise in fraud attempts. Fraud is a key consideration.

Contactless Payments 98

Contactless Payments Consumer Security Fraud Prevention 98

FICO

DECEMBER 8, 2022

Addressing Portfolio Risk in Economic Uncertainty: Part 2 (2022). Building portfolio risk resilience into customer acquisition. Thu, 12/08/2022 - 16:00. FICO® Scores, often an important contributor to underwriting risk management strategies, are designed to provide valuable risk rank-ordering through all economic cycles.

Addressing 52

Addressing Risk Underwriting Risk Management 52

Fintech Finance

AUGUST 6, 2024

Available on both Android and iOS, the app provides business users with on-the-go transaction capabilities in both local and foreign currencies, multi-currency wallets, and is synced with the desktop version of okoora’s ABCM (Automated Business Currency Management) platform.

Cross-Border 98

Cross-Border Multi-Currency Risk Management Global Payments 98

Fintech News

MARCH 5, 2024

The partnership involves the issuance of cards, integration with Visa Direct for faster money transfers, and the provision of risk management services. This deal expands upon previous collaborations between the two financial services giants in 2019 and 2022, which made it possible for customers in the U.S.

Cross-Border 109

Cross-Border Cross-Border Payments Debit Card Risk Management 109

FICO

AUGUST 3, 2022

Fraud Ideas from FICO World 2022 – and Excitement for 2023! FICO World 2022 was an excellent event with a stellar fraud protection and compliance track - here's some of what we learned. Wed, 08/03/2022 - 12:40. There is definitely more to learn from FICO World 2022 as you enjoy the rest of the summer. by TJ Horan.

Financial Crimes 52

Financial Crimes Scams Crime Bots 52

The Fintech Times

OCTOBER 29, 2024

By leveraging Standard Chartered’s expertise and risk management framework, OKX aims to offer institutional investors a broader range of secure and reliable custody solutions. Hennerberg joined Lumera as group controller in early 2022.

FinTech 64

FinTech Multi-Currency Embedded Finance Cryptocurrency 64

FICO

JANUARY 27, 2022

Managing risk and improving the customer experience during a pandemic presented credit professionals with new sets of challenges. Here are extracts from those posts. Read the full post: The Impact of Covid-19 on Credit Card Payments . Read the full post: Open Banking: Are You Ready to Become a Banking Ecosystem?

Posting 52

Posting Payment APIs and Integration Non-Bank On-Demand 52

Fintech News

MAY 28, 2024

The Brazilian digital bank turned a net loss in 2022 into a US$1 billion net profit in 2023, with revenues exceeding US$8 billion. According to a 2022 report by IDC , the big data and analytics market in the Asia Pacific region is expected to grow at a CAGR of 19.6% from 2022, reaching US$42.2 billion in 2023. trillion by 2025.

APACS 128

APACS Financial Inclusion Online and Mobile Banking Disaster Recovery 128

CB Insights

NOVEMBER 3, 2022

While insurtech funding has remained relatively flat quarter-over-quarter in 2022, insurers are still actively engaging with startups to improve their businesses — including addressing climate-related risks. . download the State of Fintech Q3 ’22 Report. Underwriting and claims automation. Insurance product innovation.

Underwriting 95

Underwriting Risk Management Risk Product 95

Fintech News

JANUARY 31, 2024

In its latest funding round in April 2022, Coda Payments raised US$690 million in a growth equity VC round, with participation from investors such as Singapore’s sovereign wealth fund GIC, VC firm Insight Partners, and New York-based global private equity firm Smash Capital. Its enterprise business, Advance.ai

FinTech 117

FinTech Cross-Border Cross-Border Payments Security 117

Fintech Finance

SEPTEMBER 24, 2024

Remittances to Africa have doubled over the last decade, reaching an estimated $100 billion in 2022, according to the United Nations, supporting the medical bills, education costs, and living expenses of an estimated 200 million Africans. The post Send App by Flutterwave Collaborates with MainStreet Bank to Extend Remittance Reach to 49 U.S.

Community Banks 97

Community Banks Risk Management Compliance Payment Solutions 97

Fintech News

MARCH 13, 2025

At the end of 2022, Singapore was home to 1,580 fintech companies, up 52.5% Master of Science in Financial Engineering (MFE) at NUS The MFE is a graduate degree program offered by the Risk Management Institute (RMI) at NUS. Its ranked 3rd in the Financial Times Masters in Finance post-experience 2022 ranking.

FinTech 109

FinTech Risk Management Finance Blockchain 109

Fintech Finance

OCTOBER 17, 2024

Cyberbank Core became an integral part of Galileo’s offering after SoFi’s acquisition of Technisys in 2022. Risk Management : Advanced fraud detection using machine learning, reducing fraud by 35% on average for Galileo clients. Galileo is a subsidiary of SoFi. “We

Payment APIs and Integration 98

Payment APIs and Integration Technology Fraud Detection Payments 98

Clearly Payments

NOVEMBER 6, 2024

trillion 2022 $5.0 They serve larger enterprises and high-volume merchants who require custom processing solutions and high-level risk management. The post Payment Processing USA: 2024 Market Overview appeared first on Credit Card Processing and Merchant Account. trillion 2019 $4.0 trillion 2020 $3.8 trillion 2021 $4.2

Process 105

Process ISOs Credit Cards Online and Mobile Banking 105

The Fintech Times

FEBRUARY 19, 2025

” Responsible AI development requires a new approach Satayan Mahajan, CEO, Datalign Advisory AI has been used for decades, despite it only picking up huge steam in late 2022/early 2023. ” The post Avoiding AI Pitfalls in Financial Decision-Making appeared first on The Fintech Times.

AI 64

AI Monetary Loss Risk Automation 64