Fintech News

APRIL 16, 2024

The report notes that several institutions have already started exploring the use of gen AI in risk management, citing regulatory compliance, financial crime, credit risk, modeling and data analytics, cyber risk and climate risk as emerging use cases.

Risk Management 117

Risk Management Risk AI Use Case 117

FICO

JANUARY 4, 2018

“By contrast, growth in student loan debts outpaced inflation, being both greater in number as well as balances; this undoubtedly creates a drag on capacity for other forms of consumer credit.”. A New Way to Score Credit Risk – Psychometric Assessments. Using Alternative Data in Credit Risk Modelling.

Posting 58

Posting Risk Credit Risk Regulatory Compliance 58

FICO

JANUARY 3, 2017

Chief among your interests were analytic innovation, credit risk, regulatory compliance, customer experience and mobile payments. With 2016 recently coming to a close, we took a look back to uncover which topics you – our blog readers – gravitated toward last year.

Posting 53

Posting AML Money Laundering Regulatory Compliance 53

FICO

JANUARY 4, 2018

Indeed, taken together, they explored many aspects of Explainable AI and its applications, particularly in the area of credit risk. Here were the top 5 posts of 2017 in the Analytics & Optimization category: How to Build Credit Risk Models Using AI and Machine Learning. Read the full post.

Posting 55

Posting AI Credit Risk Risk 55

PYMNTS

JUNE 26, 2018

In a press release issued on Monday (June 25), the SBA announced a strategic alliance with the American Institute of Certified Public Accountants (AICPA) to help small businesses (SMBs) facing regulatory compliance and enforcement issues.

Accounts 40

Accounts Small Business Regulatory Compliance Audit 40

FICO

MAY 10, 2017

There has been much discussion and several studies over the years regarding the potential value of leveraging rental data in assessing consumer credit risk. Which raises the question: Should rental data be widely reported to the three primary consumer credit agencies (CRAs)?

Regulatory Compliance 72

Regulatory Compliance Volume Underwriting Consumer 72

Fintech News

JANUARY 16, 2024

In 2024, we expect increased collaboration between banks, central banks, and regulators to develop more effective regulatory approaches. While the regulatory landscape has expanded significantly, it has not addressed the key factors leading to banking failures, such as credit risk and liquidity.

AI 117

AI Risk Non-Bank On-Demand 117

FICO

MARCH 6, 2020

It is the culture that ensures that employees operate within the prescribed risk appetite and limits and conduct in a way that will neither cause damage to the client nor the institution’s reputation. How does your software actually work, does it connect to government databases, perform statistical analyses?

Financial Crimes 81

Financial Crimes Crime Compliance Technology 81

The Fintech Times

MARCH 28, 2024

M&As Abrigo, a provider of compliance, credit risk, and lending solutions for financial institutions, has acquired TPG Software, an investment accounting and management solutions company. The Fintech Times Bi-Weekly News Roundup on Thursday 28 March 2024 serves up the latest industry movers and partnerships.

FinTech 64

FinTech Online and Mobile Banking Central Bank Push-to-Card 64

M2P Fintech

JANUARY 28, 2025

The platform ensures seamless operations, 100% regulatory compliance, and reduced errors, helping lenders accelerate product launches, enhance operational efficiency, and scale with ease. Flexible repayment terms and diverse interest calculation methods enhance customer experience.

Payment APIs and Integration 52

Payment APIs and Integration BNPL Regulatory Compliance Compliance 52

FICO

JANUARY 31, 2019

Is there hope that artificial intelligence and machine learning approaches might soon “square the circle” of delivering superior pattern recognition and prediction, while also adhering to regulatory compliance? The field of explainable AI (xAI) may hold the answer.

Research 40

Research AI Federal Reserve Credit Risk 40

FICO

NOVEMBER 23, 2021

Paul Deall, head of risk, mortgages at Westpac (previous winner). An accomplished leader with 18 years’ experience in credit risk, banking and analytics in the Australian market, Paul has a track record of using technology and data to develop and implement strategic change to drive tangible business outcomes. by Nikhil Behl.

Regulatory Compliance 52

Regulatory Compliance Financial Inclusion Risk Management Consulting 52

Nanonets

APRIL 5, 2023

Automation enables lenders to conduct more stringent credit checks, income verification, and other critical verifications to ensure that only qualified borrowers are approved. By using automation, lenders can also improve their loan processing times and reduce human error, ensuring regulatory compliance.

Automation 52

Automation Process Risk Assessment Assessments 52

FICO

APRIL 28, 2020

Financial Inclusion Home Credit , a global non-bank consumer lender, has reduced its credit risk on point-of-sale loans by 25 percent and online loans by 15 percent while maintaining loan volumes and keeping approval rates steady by incorporating the FICO® Score X Data to optimize its loan process in China.

Financial Inclusion 52

Financial Inclusion Fraud Detection Regulatory Compliance Non-Bank 52

Trade Credit & Liquidity Management

MAY 27, 2025

Key drivers of this growth include the proliferation of digital transactions, regulatory compliance requirements, and the need for real-time fraud detection solutions. Experian ( www.experian.com ): Offers credit risk assessment tools and fraud detection services, leveraging extensive consumer and business data.

Fraud Prevention 52

Fraud Prevention Fraud Detection Verification Risk Assessment 52

FICO

MARCH 18, 2021

Federal Reserve recently slashed interest rates to 0%, but the lockdown effect still saw many at-risk businesses close. Concentrations of risk – It’s worth being extra vigilant as to where exposure to credit risks are highest – be it by geography, region, commercial sector or customer segment.

Risk 52

Risk Federal Reserve Assessments Credit Risk 52

FICO

JANUARY 9, 2023

Plenty still have siloed data across marketing, credit risk, customer management, fraud, compliance, and collections operations. Peter Lemon joined FICO in 2022 as a consultant to FICO clients, across financial services and telecommunications, specialising in credit risk and collections.

Consumer 52

Consumer Technology Credit Risk Rules 52

FICO

FEBRUARY 13, 2020

Liz gives tips to help combat this problem such as layering your fraud controls, fight identity fraud across the customer lifecycle, and address the continuum of credit risk and fraud. How can you stop the zombie synthetic identity apocalypse? Read the full post. What Is Telecom Subscription Fraud?

Money Laundering 52

Money Laundering Posting Financial Crimes Crime 52

FICO

MAY 18, 2020

IFRS has communicated that, in the current climate, organisations would not be expected to apply SICR (Significant Increase in Credit Risk) to customers impacted by COVID-related financial stress. Place greater emphasis on preventing 31 days past due (DPD) or “significant increase in credit risk”.

Regulations 52

Regulations Credit Risk Push-to-Card Risk 52

FICO

FEBRUARY 14, 2022

Here at FICO we’ve been exploring for almost a decade the use of explainability in machine learning through our xAI technology (check out Scott Zoldi’s post on Using Machine Learning in Credit Risk Models ) which is now embedded in FICO Platform.

Volume 52

Volume Credit Risk Compliance Origination 52

Stax

APRIL 18, 2024

These fees are charged whenever a credit card or debit card transaction is made, whether they checkout in-person, online or through digital payment. The basis for these fees is the credit risk that these financial institutions take on when handling credit card transactions. Q: What factors determine the Interchange Fees?

Credit Cards 88

Credit Cards Process Online and Mobile Banking Processors 88

The Fintech Times

FEBRUARY 19, 2024

As regulatory compliances are updated, fintechs and payment platforms with robust currency management programs, multiple licences and MCCY IBAN’s will become more popular with businesses engaged in global trade. Keeping up with regulations will also be vital. BIS Aurum) and interoperability solutions (e.g,

Cross-Border Payments 69

Cross-Border Payments Cross-Border Stablecoins Multi-Currency 69

The Payments Association

MAY 16, 2025

But in a regulated environment, merchants must take care to ensure their role in credit journeys is compliant, particularly where incentives, cross-selling, or deferred payments are offered. Next steps/action required: Map your full BNPL journey, identifying promotional copy, placement, and partner responsibilities.

Regulations 88

Regulations ISO 20022 Cross-Border Legal 88

Fintech Labs Insights

JULY 17, 2015

Regulatory compliance solutions for new account opening. Credit Benchmark. Independent source of consensus credit risk. Tags: Underwriting, risk management, compliance, investing, enterprise, B2B. In total, 20 companies raised $294 million, all in equity (as far as we know). HQ: Dublin, Ireland.

FinTech 29

FinTech Online and Mobile Banking Underwriting P2P 29

M2P Fintech

FEBRUARY 28, 2025

Streamlined operations and regulatory compliance. Core Capabilities of Finflux by M2P Regulatory Compliance: Platform ensures adherence to regulatory requirements with preconfigured regulatory templates. Efficient Packet Management : Enhances overall workflow and organization.

Payment APIs and Integration 52

Payment APIs and Integration Assessments Best Practices Compliance 52

Finextra

JUNE 30, 2025

Challenges Despite the enthusiasm and their advantages for traditional financial institutions, stablecoins face a number of challenges related to regulatory compliance, interoperability issues and liquidity risks. The real challenge will be in the interoperability between stablecoins and existing financial systems.

Stablecoins 52

Stablecoins Finance Cross-Border Payment APIs and Integration 52

M2P Fintech

APRIL 29, 2025

Irregularities in Credit Risk Assessment- Credit risk assessment is critical in microfinance to ensure that loans are extended to creditworthy borrowers. Enhancing the customer experience through improved communication, flexible loan products, and accessible digital channels can significantly reduce customer churn.

Technology 52

Technology Assessments Risk Assessment Compliance 52