PYMNTS

DECEMBER 9, 2020

Managing credit risk used to be a reactive process. Waiting until account holders fall behind to take action not only meant that customers’ credit scores would take a hit before their banks were alerted to a problem, but also that banks would lose the revenue from the scheduled payment.

Credit Risk 98

Credit Risk AI Risk Fraud Detection 98

PYMNTS

NOVEMBER 3, 2020

Today in B2B, Bloomberg broadens its credit risk data pool, and two ERP solutions secure B2B payments integrations. Bloomberg To Incorporate Credit Risk Data. The release stated firms have more often been looking for data to validate their own internal counterparty and credit risk assessment.

Credit Risk 88

Credit Risk B2B Risk ISO 20022 88

PYMNTS

JANUARY 13, 2020

Credit Risk. Core use cases that are getting a lot of traction, Dhala said, involve credit risk. Any marginal improvement in terms of modeling or accuracy can result in significant gains because there’s a reduction in credit losses. AI can also help to spot credit risk.

Credit Risk 83

Credit Risk AI Risk Issuers 83

Finextra

MARCH 27, 2025

martini.ai, a leader in AI-driven credit risk analysis, today introduced Financials Agent, an AI-powered tool that lets users upload financial documents such as 10-K filings and instantly generate a financial risk report.

Credit Risk 59

Credit Risk Risk AI 59

FICO

SEPTEMBER 2, 2020

How will these trends affect managing credit risk? Delinquency rates on consumer loans and credit cards, which are currently being suppressed with government and bank support, are expected to increase rapidly. Unfortunately, many of them will not be able to return to their workplaces after pandemic.

Credit Risk 69

Credit Risk Risk Credit Cards Risk Management 69

Finextra

NOVEMBER 7, 2024

Modern credit risk management now leans significantly on predictive modelling, moving far beyond tra.

Credit Risk 59

Credit Risk Risk Assessment Risk Assessments 59

Finezza

APRIL 23, 2025

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

Finezza

APRIL 23, 2025

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

Finextra

AUGUST 29, 2024

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.

Risk Assessment 52

Risk Assessment Credit Risk Assessments Risk 52

The Fintech Times

MARCH 12, 2025

Nationwide Building Society , the UKs third-largest mortgage provider, has partnered with FICO , the analytics software company, to enhance its credit risk and decisioning framework. Nationwide now uses the FICO Platform to process around 1.5

Credit Risk 59

Credit Risk Risk Mitigation Credit Cards 59

Finextra

APRIL 11, 2024

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.

Credit Risk 52

Credit Risk Risk Consulting 52

Finextra

APRIL 11, 2024

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.

Credit Risk 52

Credit Risk Risk Transactions 52

Bank Automation

MARCH 18, 2024

In the dynamic world of financial services, the need for rapid and precise credit decisions has never been more crucial. This demand is driving a transformative shift towards leveraging Artificial Intelligence (AI) and automation to redefine credit and risk assessment strategies.

Credit Risk 83

Credit Risk Automation AI Risk 83

The Fintech Times

FEBRUARY 6, 2025

By merging credit spread data with essential corporate information, Agentic AI Company Research by martini.ai provides decision-makers including those in private credit with data-rich intelligence that highlights key trends, risks and opportunities. Rajiv Bhat, CEO of martini.ai With Agentic AI Company Research, martini.ai

Research 59

Research AI Risk Assessment Due Diligence 59

FICO

APRIL 28, 2023

Credit Risk and FICO Score Trends? credit risk and FICO® Score trends. At the same time, increasing adoption of recent innovations in credit scoring solutions should benefit consumers, leading to greater consumer empowerment opportunities and credit access.

Credit Risk 52

Credit Risk Risk Risk Assessment Assessments 52

Fintech News

APRIL 16, 2024

This collaboration aims to introduce AI-led credit risk management to KBZ Bank, enhancing its ability to assess creditworthiness across retail and SME products with greater accuracy and efficiency. These advancements are expected to lower credit risks and enhance operational efficiencies within the bank’s lending operations.

Credit Risk 114

Credit Risk Risk Management Assessments AI 114

Fintech News

APRIL 29, 2025

Atom Bank has chosen Provenir s AI decisioning platform to enhance its credit risk decisioning and data orchestration capabilities across its consumer and business banking products. Founded in 2016 as the U.K.s

Risk 68

Risk AI Credit Risk Product 68

Payments Source

AUGUST 6, 2020

One of the few clear implications from the initial two months of the lockdown with the changes to consumer behavior and the uncertainty ahead is the imperative for organizations to regain clarity on credit risk by obtaining a more complete picture of consumer creditworthiness, says LexisNexis Risk Solutions' Ankush Tewari.

Credit Risk 115

Credit Risk Risk Payments Consumer 115

Fintech Finance

MARCH 18, 2025

AKUVO , a leading technology organization specializing in collections and credit risk management, is proud to announce that Prosperity Bank , with $40 billion in total assets, has chosen AKUVO’s platform to streamline its collections processes.

Credit Risk 59

Credit Risk Risk Management Volume Process 59

Fintech News

FEBRUARY 10, 2025

In fintech, this means AI systems that dynamically manage credit risk, automate trading decisions, and even preemptively block fraud, all without human intervention.

AI 78

AI FinTech Fraud Detection Fraud Prevention 78

PYMNTS

JANUARY 22, 2021

Given the roller coaster ride consumer finances have been on for the last 10 months, managing risk has become critical for financial institutions (FIs), both in terms of rising fraud counts and in terms of rising consumer delinquencies. Driving Actionable Intelligence In Real Time. Focusing On The Consumer And Building The AI.

AI 106

AI Credit Risk Point-of-Sale (POS) Risk 106

Payments Dive

DECEMBER 14, 2022

Exposure to consumer credit risk and lower-income spending is significant for those three payments companies, analysts warned Tuesday.

Credit Risk 88

Credit Risk Risk Consumer Payments 88

PYMNTS

NOVEMBER 11, 2020

The launch comes after a successful pilot program, Visa noted, with the focus of the chosen FinTechs ranging from small business credit risk and buy now, pay later to merchant search and transaction compliance.

FinTech 110

FinTech Credit Risk Small Business NOV 110

PYMNTS

JULY 8, 2020

AI Also Helps Manage Credit Risk. For instance, Mastercard has been using AI to help its banking partners with credit risk management, aiming to provide the right amount of credit to customers — and the smartest collections efforts — in today’s uncertain economic climate.

Visa 109

Visa AI Credit Risk Risk 109

FICO

MARCH 25, 2020

Home Credit , a global non-bank consumer lender, has successfully reduced its credit risk while maintaining loan volumes and keeping approval rates steady by incorporating the FICO® Score X Data to optimize its loan process in China. They are one of our most sophisticated clients in terms of advanced analytics.”. by FICO.

Risk 97

Risk Financial Inclusion Point-of-Sale (POS) Risk Assessment 97

Payments Source

JANUARY 28, 2020

Alternative lending companies are one of the strongest examples of how leveraging rich financial transaction data can be used to go beyond traditional credit risk assessments, says Finsync's Eddie Davis.

Underwriting 84

Underwriting Risk Assessment Payments Data Digital Payments 84

Fintech Finance

JULY 15, 2024

By leveraging line-by-line transaction data, Recap’s credit risk engine can assess a merchant and return a funding offer in under two minutes without any further underwriting requirements such as a credit check on the owner or management accounts or business bank statements.

ATM 105

ATM Credit Risk On-Demand Underwriting 105

Bank Automation

SEPTEMBER 23, 2024

Auto lenders are incorporating artificial intelligence into their processes to improve customer service automation and credit decisioning while eyeing uses for underwriting.

AI 81

AI Underwriting Credit Risk Automation 81

Fintech News

MAY 15, 2024

The company maintained a prudent approach to credit risk, with non-performing loans (over 90 days past due) at 2% of the loan portfolio. Featured image credit: Grab The post Grab’s Digibank Deposits Reach US$479M, Driven by Growth of Malaysia’s GXBank appeared first on Fintech Singapore.

Non-Bank 135

Non-Bank Credit Risk Compliance Risk 135

PYMNTS

DECEMBER 10, 2020

And in banking, financial institutions can incorporate artificial intelligence into their consumer credit strategies at a time when a retroactive approach to credit risk management has become less feasible amid COVID-19. All this, Today in Data. Data: $189B : Amount that U.S.

Credit Risk 102

Credit Risk Risk Management AI On-Demand 102

PYMNTS

MARCH 6, 2020

Even more significantly, our research shows that FIs are using AI with greater focus than they have in the past, with two areas emerging as key applications: payments fraud and credit risk. Supervised systems like BRMS are simply not capable of responding to the dynamic, constantly shifting nature of these risks.

AI 81

AI Credit Risk Regulatory Compliance Risk Assessment 81

PYMNTS

NOVEMBER 10, 2020

Even so, he acknowledges that banks have a reputation for being slow to change, as well as deep organizations that require many different stakeholders on board — including legal, compliance and business/credit risk. De Vere added that even small, independent lenders present their own challenges to essentially the same set of problems.

AI 138

AI Underwriting Credit Risk Shutdown 138

The Fintech Times

JULY 16, 2024

By leveraging line-by-line transaction data, Recap’s credit risk engine can assess a merchant and return a funding offer in under two minutes without any further underwriting requirements such as a credit check on the owner or management accounts or business bank statements.

ATM 96

ATM Transactions Credit Risk On-Demand 96

PYMNTS

NOVEMBER 3, 2020

The news comes as during Hong Kong FinTech Week, FinTech firms have certain "key advantages" over traditional banks when it comes to building out a client base and cutting down on risk. Bloomberg to Incorporate Credit Risk Data.

Zelle 122

Zelle P2P ISO 20022 Transactions 122

PYMNTS

DECEMBER 9, 2020

NEW REPORT: The Banks’ How To Guide To Using AI To Manage Credit Risk. Banks have long turned to a familiar set of tools for managing credit risk — late fees and other penalties. In the 2021 AI Business Plan Playbook For Banks, PYMNTS provides a six-step framework to help banks use AI to manage credit risk.

Cybersecurity 81

Cybersecurity Credit Risk B2B AI 81

FICO

OCTOBER 24, 2022

Different than traditional credit bureau data, the use of trended data considers a historical view of data such as account balances for the previous 24+ months, giving lenders more insight into how individuals are managing their credit. . To learn more about FICO® Score 10 T please visit: www.fico.com/ficoscore10T. James Wehmann.

Credit Risk 93

Credit Risk Risk Consumer Continuity 93

The Fintech Times

NOVEMBER 2, 2024

Ltd : Developed an ‘e-KYC’ solution to digitally onboard customers, using advanced technologies like artificial intelligence, machine learning, thumbprint and facial recognition for a streamlined digital KYC platform Soft Net Technology : Proposed a centralised loan application platform in response to pre- and post-Covid challenges.

Financial Inclusion 69

Financial Inclusion Technology FinTech Credit Cards 69