PYMNTS

FEBRUARY 27, 2019

He also noted the structural changes at the company, which included the development of a cyber audit framework, and the hiring of 1,000 full-time risk and IT professionals to its workforce in 2018.

Consumer Financial Protection Bureau (CFPB)

PYMNTS

JUNE 3, 2016

Credit scoring as a predictor of credit risk is a challenging proposition. To that end, a recent white paper by VantageScore seeks to help provide a roadmap on how today’s borrowers may – or may not – be good credit risks tomorrow. When evaluating risk using the VantageScore 3.0

Credit Risk

PYMNTS

JUNE 27, 2016

. “Their solution takes on outdated accounts receivable processes, automates it then underwrites the credit risk for the seller.” The company provides a database for companies to see how well other businesses are paying their invoices on time. Across the pond, U.K. startup Satago raised about $6.3

B2B

PYMNTS

AUGUST 24, 2016

As many as 7 percent of consumers in the United States have civil judgements on their credit profiles, with 3 percent subject to tax liens; less than 1 percent of U.S. That begs the question: How to measure credit risk when the available and included data is limited? consumers have both on their record.

Database

Tearsheet

AUGUST 7, 2024

Morgan’s financial strength and Slope’s innovative approach to credit risk assessment and monitoring. All of these features are powered by our AI-driven underwriting and risk-scoring infrastructure, which is built in-house from the ground up. The partnership brings together J.P. By combining J.P.

AI

The Fintech Times

JUNE 12, 2024

Lee Provost , CTO of Flagstone, told a story from earlier in his career: “For my first job as a Java developer, I was working on a database, made my changes, and logged off – very pleased with myself for a job well done… until panicked phone calls came in.

FinTech

FICO

MAY 19, 2021

In contrast, first-party fraud often masquerades as a credit risk problem; delinquent accounts are sent to collections for a progression of treatment. Cross-border fraud is also exacerbated in the UK, EU and Middle East by a lack of cross-border credit bureau facilities. Is First-Party Fraud a Credit Risk Problem?

Cross-Border

FICO

MAY 19, 2021

In contrast, first-party fraud often masquerades as a credit risk problem; delinquent accounts are sent to collections for a progression of treatment. Cross-border fraud is also exacerbated in the UK, EU and Middle East by a lack of cross-border credit bureau facilities. How to Get Ahead of First-Party Fraud. by Matt Cox.

Cross-Border

PYMNTS

JUNE 1, 2016

It’s also the basis for how Mike Cook, CEO & Founder of XOR Data Exchange, is using data aggregation to manage SMB credit risk, fight fraud and put consumers back in control of their identity. These exchanges supported by XOR Data Exchange are not your typical shared database platforms.

Compromise

M2P Fintech

MARCH 25, 2025

to: Assess Sujiths creditworthiness faster Offer him a competitive interest rate based on verified financial health Approve his loan within days, not weeks Sujiths story is just one example of how ULI is breaking down barriers and making credit more accessible for MSMEs across India.

Payment APIs and Integration

PYMNTS

MARCH 14, 2017

The state-based settlements also meant all three agencies will have to remove medical debt collections that have been paid by a patient’s insurance company from credit reports by 2018. Just because the lien or judgment information has been removed and someone’s score has improved doesn’t mean they’ll magically become a better credit risk.”.

CFPB

PYMNTS

MAY 10, 2016

With very little credit risk actually at play, Ayers explained that the bank’s evaluation on offering standard traditional financial tools should really be based on the legitimacy of the identity being presented. “The Most importantly, he said that the consideration for an individual’s access shouldn’t be focused on creditworthiness.

Financial Inclusion

Trade Credit & Liquidity Management

MAY 27, 2025

More Details on Key Players Traditional Credit Reporting Agencies Dun & Bradstreet ( www.dnb.com ): Provides business credit reports and analytics that aid in assessing the financial health and creditworthiness of companies.

Fraud Prevention

Nanonets

APRIL 3, 2024

Different Business Credit Reports and Scores The major credit reporting bureaus that businesses rely on are Dun & Bradstreet, Equifax, Experian, and Creditsafe. Each of these entities has its own database of credit information, making it easy to credit scores for specific businesses.

Accounts

Fintech Labs Insights

JUNE 16, 2016

This, combined with the platform’s ability to extract structured data from traditional databases, gives version 3.1 Philip Dodds, Pendo CTO referred to the solution as an “off-the-shelf tool set which performs the same type of rapid analysis performed in the Panama Papers on your internal databases, document stores, and emails.”

AI

PYMNTS

DECEMBER 2, 2016

“What we’ve done over these 10 years is provide lots of different ways to think about that, all within the context of understanding what the credit score does,” she added.

Risk

FICO

JULY 15, 2022

There we use the Equifax NCTE database, that looks at telco and utility data, as well as property and record data from LexisNexis. It means integrating new technologies into lenders workflows and operations. It means forming unique multi-party partnerships, such as we did with Equifax for an offering in the U.S. No, it's not.

Financial Inclusion

FICO

MARCH 6, 2020

How does your software actually work, does it connect to government databases, perform statistical analyses? The software utilizes sophisticated analytical models to identify high-risk customers and detect suspicious transactions in real-time.

Financial Crimes

FICO

JANUARY 8, 2021

What kind of credit risk does she pose? “The key challenge — as illustrated by the very different offers made by the mom’s wireless provider and the daughter’s wireless provider – is accurately structuring and pricing a device upgrade offer in order to either retain or acquire the mom’s business. How profitable is the mom’s business?

Posting

FICO

OCTOBER 17, 2019

As an illustration, say you’re in charge of credit risk in credit card originations in your organization. The FICO Score 8 from the time of decisioning is available on your database, and the competing score would need to be posted by doing a retrospective score pull from your credit bureau from the time of the booking decision.

Accounts

FICO

JANUARY 9, 2019

The models are then deployed to live a happy life scoring credit risk and fraud likelihood, finding pictures of Chihuahuas and muffins , or flagging insulting tweets. Even when data is available, it is often spread across multiple tables within complex databases.

Posting

Fintech Labs Insights

JUNE 23, 2020

Uses open-bank data to evaluate credit risk before onboarding customers. Improves database-related storage operations. Provides risk monitoring. Streamlines the contract review process for in-house legal teams. . Recommends the most effective content for deals. Provides accounting, cashflow forecast and invoicing.

Debit Card

Fintech Labs Insights

JUNE 23, 2020

Uses open-bank data to evaluate credit risk before onboarding customers. Improves database-related storage operations. Provides risk monitoring. Streamlines the contract review process for in-house legal teams. . Recommends the most effective content for deals. Provides accounting, cashflow forecast and invoicing.

FinTech

Fintech Labs Insights

AUGUST 27, 2020

And while you are at it, please add your fintech startup to our database. Watch How INSTNT Removes Risk from New Applications (Aug 2020 Startup of the Week). If you are on a hyper-growth curve, make sure to apply for the Inc 2021 list by next May. Related: The 27 Fintech startups from YC’s Summer 2020 batch.

FinTech

Fintech Labs Insights

AUGUST 1, 2016

Full Profile uses the blockchain and smart contracts for real-time settlement and reporting of physical agri-commodities to help farmers, buyers, banks and government counter party and credit risk exposures. MarketX’s c ross-border investment platform helps international investors with the lack of liquidity for U.S.

Online and Mobile Banking

FICO

OCTOBER 23, 2019

This is a solution that democratizes the prospect database by offering it up in bite-size pieces with transactional pricing that allows for smaller campaigns and the ability for banks or credit unions to campaign every month if they want. ?. It’s differentiated because it is affordable and flexible.

Credit Union

FICO

OCTOBER 23, 2019

This is a solution that democratizes the prospect database by offering it up in bite-size pieces with transactional pricing that allows for smaller campaigns and the ability for banks or credit unions to campaign every month if they want. ?. It’s differentiated because it is affordable and flexible.

Credit Union

FICO

OCTOBER 23, 2019

This is a solution that democratizes the prospect database by offering it up in bite-size pieces with transactional pricing that allows for smaller campaigns and the ability for banks or credit unions to campaign every month if they want. ?. It’s differentiated because it is affordable and flexible.

Credit Union