Search Results for: credit risk exposure

CFPB Report Highlights Costly Credit Cards and Loans Pushed on Patients
Finance News

CFPB Report Highlights Costly Credit Cards and Loans Pushed on Patients

Fintech News Desk
by Fintech News Desk0
Financial companies work with healthcare providers to sign patients up for specialty credit cards and other targeted financing products Today, the Consumer Financial Protection Bureau (CFPB) published a report on high-cost specialty financial products, such as medical credit cards, that are sold to patients as a way to alleviate the......
FV Bank Appoints Chief Risk Officer
Banking News Risk Management

FV Bank Appoints Chief Risk Officer

Fintech News Desk
by Fintech News Desk0
FV Bank, the U.S. licensed global digital bank that offers a vertically-integrated suite of traditional and digital asset banking and custody services, announced the appointment of Luz Mabel del Valle as new Chief Risk Officer (CRO) and Deputy Chief Compliance Officer (CCO), effective immediately. As CRO, del Valle will serve......
Sasol Secures Circa USD3 Billion Five-Year Term Loan and Revolving Credit Facility Agreement
Banking News

Sasol Secures Circa USD3 Billion Five-Year Term Loan and Revolving Credit Facility Agreement

PR Newswire
by PR Newswire0
Sasol has refinanced its existing banking facilities, due to mature in calendar year 2024, into a new banking facility totaling USD2 969 million. The new banking facility comprises of a USD1 987 million revolving credit facility and a USD982 million term loan facility, both with a five-year maturity, and with two extension options of one year......
Deloitte and Riskified Partner to Help eCommerce Merchants Analyze Their Fraud Exposure Against Industry Benchmarks
E-commerce News Risk Management

Deloitte and Riskified Partner to Help eCommerce Merchants Analyze Their Fraud Exposure Against Industry Benchmarks

Business Wire
by Business Wire0
Riskified, a leader in eCommerce risk intelligence, announced its partnership with Deloitte, a leader in fraud and financial crime advisory services, to empower merchants with real-time insight into how their chargebacks, approval rates and fraud costs compare to similar companies in their space. This benchmarking service is an industry first,......
Cyberattacks, Social Media and Buy Now Pay Later: New Report Explores Solutions for Tech Risks in Financial System
Finance News Security

Cyberattacks, Social Media and Buy Now Pay Later: New Report Explores Solutions for Tech Risks in Financial System

Fintech News Desk
by Fintech News Desk0
A new report published by the World Economic Forum explores how technology-driven risks originating in financial services sectors could become systemic threats to the global financial system. Pushing Through Undercurrents, developed in collaboration with Deloitte, examines how different forces influence the way tech-driven risks spread and offers approaches that financial services......
Wolters Kluwer Compliance Solutions Offers Insights on Managing Risk Appetite
Lending News

Wolters Kluwer Compliance Solutions Offers Insights on Managing Risk Appetite

Business Wire
by Business Wire0
Automation tools help lenders identify areas of portfolio risk Risk officers arguably hold a more perilous responsibility than perhaps anyone else in a commercial lending organization, as they are accountable for providing input on key risk decisions, tracking risk across multiple business lines and underwriting compliance with their institution’s risk......
Research: America’s Small Businesses Threatened by Inability to Access Needed Credit
Business Finance News

Research: America’s Small Businesses Threatened by Inability to Access Needed Credit

Business Wire
by Business Wire0
New study from Codat shows that application issues remain the biggest hurdle for SMBs in America amidst growing reliance on big banks As economic uncertainty continues to impact small and medium sized businesses (SMBs), new research from Codat, the universal API for small business data, shows that over a fifth (21%)......
Finastra and Uni Systems Extend Collaboration to Enable Financial Institutions to Meet New Risk Management Regulation
Banking News Risk Management

Finastra and Uni Systems Extend Collaboration to Enable Financial Institutions to Meet New Risk Management Regulation

PR Newswire
by PR Newswire0
Vector Risk’s cloud-based regulatory and internal reporting solution on FusionFabric.cloud addresses new risk framework which will come into effect in 2025 Finastra and Uni Systems have extended their partnership to help financial institutions in the Adriatic, Central and Southeast Europe regions comply with the Basel Committee’s Fundamental Review of the Trading Book (FRTB) reporting requirements,......
Climate Risk Management Workshop for Financial Industry Risk Professionals Launched
Fintech News Risk Management

Climate Risk Management Workshop for Financial Industry Risk Professionals Launched

PR Newswire
by PR Newswire0
RMA and McKinsey & Company, as a knowledge partner, announced that they are holding a workshop designed to help bank executives integrate climate risks, opportunities, and regulations into their business decisions and operations. The workshop will take place at The Ritz Carlton New Orleans from April 12-13, 2023. Attendance is......
De-Risking the Future kWh Analytics, Arava Power, Paz Oil, Menora Mivtachim and Nomura Partner on Solar Investment
Investment Services News

De-Risking the Future: kWh Analytics, Arava Power, Paz Oil, Menora Mivtachim and Nomura Partner on Solar Investment

Business Wire
by Business Wire0
Solar Revenue Put production insurance supports Arava Power, Paz Oil and Menora’s US solar debut in a $200m senior secured credit facility lead by Nomura kWh Analytics, the market leader in Climate Insurance, announced a partnership with Arava Power, Paz Oil and Menora Mivtachim to provide production insurance to optimize......
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