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Unlocking Credit Decisions: Six Financial Metrics That Matter

Trade Credit & Liquidity Management

When reviewing a company’s financial statements to determine an appropriate credit limit, there are a multitude of things to consider. The following six financial ratios can provide insights into a company’s creditworthiness by assessing its ability to meet its financial obligations.

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Top 10 Buy Now, Pay Later Players (BNPL) in India in 2024

Fintech News

Similarly, Slice, originally a BNPL firm, has transitioned to offering prepaid credit cards and is now merging with North East Small Finance Bank. Amazon Pay Later offers several benefits, including an instant decision on the credit limit, no processing or cancellation fees, and no charges for early repayment.

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LIFECARD Uses FICO Score to Grant More Credit

FICO

Enhancing Credit Assessment for Existing Customers. LIFECARD, a credit card company with more than 5.7 million accounts, is the first lender in Japan to adopt the FICO® Score to enhance its credit assessment for existing customers. Using the FICO Score, we can do this in a responsible and profitable manner.”.

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Tracking Credit Risk in a Challenging Economy - South Africa

FICO

The Empirica Score was developed by predictive analytics software company FICO with the aim of equipping organisations that offer credit to their customers with solid risk assessment when determining an applicant’s eligibility for a credit. FICO is a world leader in credit scoring, with credit scores in some 30 countries.

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Why Account Management Scores Matter – in Russia and Beyond

FICO

Many lenders in markets outside the US use FICO® Scores to assess the risk of consumers applying for loan, but don’t continue to monitor those consumers’ risk using the FICO Score. The FICO® Score has been available in the Russian market through the National Bureau of Credit Histories (NBKI) since 2008. The FICO Score in Russia.

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Banking Royal Commission An Opportunity For Digital Innovation

FICO

The Commission took a black letter interpretation of the NCCP Act calling on banks to take greater steps to assess customer’s suitability and capacity for credit. Broker-originated loans are a large source of growth for most of the major banks accounting for nearly half of all new loans written in some cases.

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10 Types of Loan Management Systems—An Overview

M2P Fintech

Gold Loan Management System Gold loan management system streamlines the management of gold-backed loans, helping lenders enhance efficiency, ensure compliance, and optimize risk assessment. Core Capabilities of Finflux by M2P Advanced Appraiser Module : Ensures precise gold valuation with reliable and accurate assessments.