Search Results for: credit risk exposure

AM Best Affirms Credit Ratings of M and C General Insurance Company Limited
InsurTech News

AM Best Affirms Credit Ratings of M and C General Insurance Company Limited

Business Wire
by Business Wire0
AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) of M&C General Insurance Company Limited (M&C General) (St Lucia). The outlook of these Credit Ratings (ratings) is stable. Latest Fintech Interview : Global Fintech Interview with......
Sidetrade Acquires US-Based CreditPoint Software to Disrupt B2B Credit Risk Market
B2B News Risk Management

Sidetrade Acquires US-Based CreditPoint Software to Disrupt B2B Credit Risk Market

GlobeNewswire
by GlobeNewswire0
Acquisition catalyzes disruptive real time B2B credit risk management solutions Sidetrade, the global leader in AI-powered Order-to-Cash solutions, has announced that it has finalized an agreement to acquire the entire business of CreditPoint Software, a leading provider of real time B2B credit risk management solutions. Two years on from the Amalto takeover, Sidetrade gains a......
Wolters Kluwer Offers Risk and Compliance Insights on Recent Bank Failures
News Risk Management

Wolters Kluwer Offers Risk and Compliance Insights on Recent Bank Failures

Business Wire
by Business Wire0
Recently published commentaries offer context, perspective in wake of banking disruptions Recently published commentary by Wolters Kluwer regulatory and risk management experts is helping shed light on not only the likely causes behind several recent bank failures, but the warning signs evident as these failures first materialized—as well as suggestions......
Banco Sofisa Partners with Finastra to Elevate Its Risk Management Strategy
Banking News Risk Management

Banco Sofisa Partners with Finastra to Elevate Its Risk Management Strategy

PR Newswire
by PR Newswire0
Vector Risk’s cloud-based regulatory and internal reporting solution on FusionFabric.cloud empowers the bank to quickly launch new products Finastra announced that Banco Sofisa, a nationally ranked São Paulo, Brazil-based financial institution known for its Sofisa Direto digital bank, has partnered with Finastra to implement Vector Risk, a market and credit risk solution. Delivered via Finastra’s FusionFabric.cloud and......
Securitize Expands Access to Hamilton Lane's Senior Credit Opportunities Fund via Polygon
Blockchain News

Securitize Expands Access to Hamilton Lane’s Senior Credit Opportunities Fund via Polygon

PR Newswire
by PR Newswire0
Securitize, a firm digitizing the issuance, management, and trading of real-world assets, launched a new feeder fund offering tokenized exposure to an evergreen private credit fund from leading private markets investment firm, Hamilton Lane, available exclusively on the Polygon blockchain. Latest Fintech Interview: Global Fintech Interview with Juha Viitala, CEO......
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......
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