Search Results for: credit risk exposure

AM Best Affirms Credit Ratings of Suez Canal Insurance
InsurTech News

AM Best Affirms Credit Ratings of Suez Canal Insurance

Fintech News Desk
AM Best has affirmed the Financial Strength Rating of B- (Fair) and the Long-Term Issuer Credit Rating of “bb-” (Fair) of Suez Canal Insurance (SCI) (Egypt). The outlook of these Credit Ratings (ratings) is stable. Latest Fintech News: Burke & Herbert Bank & Trust Company Announces Intent to Form Holding Company The......
Eco Innovation Gains Access to New $10Million Line of Credit to Power Current and Strategic Objectives
Fintech Funding News

Eco Innovation Gains Access to New $10Million Line of Credit to Power Current and Strategic Objectives

Fintech News Desk
Eco Innovation Group, Inc. an innovative company aggregating investments in new technologies that promote environmental and social well-being and the advancement of green energy solutions, is pleased to announce that the Company has been granted a line of credit of up to $10 million to be used toward retiring outstanding toxic......
Voyager Digital Provides Update on Asset and Risk Management
Cryptocurrency News

Voyager Digital Provides Update on Asset and Risk Management

Fintech News Desk
Voyager Digital Ltd., one of the fastest-growing consumer cryptocurrency platforms in the United States, and one of the first public companies in the crypto industry, today provides an asset and risk management update in light of changing market conditions. As a public company, Voyager operates with a consistently high level of......
Ex-Fed Risk Specialist Michael Shing joins XREX as Director of Risk Management
Fintech News Risk Management

Ex-Fed Risk Specialist Michael Shing Joins XREX as Director of Risk Management

Fintech News Desk
Blockchain neo fintech company XREX Inc. announced that Michael Shing onboards as its Director of Risk Management. Shing spent more than a decade with the Federal Reserve branches in San Francisco and New York, first as an analyst then a senior risk specialist. Prior to his time with the Fed, Shing held......
DigitalBridge to Acquire Telenet’s Mobile Telecommunications Tower Business
debt collection Investment Services News

DigitalBridge Credit Announces $220 Million Debt Investment to Support Everstream

Fintech News Desk
DigitalBridge Group, Inc. announced that, its Digital Credit division, in partnership with CPPIB Credit Investments III Inc., a wholly owned subsidiary of Canada Pension Plan Investment Board, it has invested $220 million in the form of a holding company term loan to support the continued growth of Everstream Solutions, LLC.......
Inscribe Takes on $20 Billion Fraud Problem, Enhances Risk Management for Finance Industry
Fintech News Risk Management

Inscribe Takes on $20 Billion Fraud Problem, Enhances Risk Management for Finance Industry

Fintech News Desk
New features enable businesses to reduce risk while providing financial access to more legitimate customers and underserved communities Inscribe, the leading fintech solution for fraud detection and risk management, announced that it has released new features to help combat the $20B fraud losses faced by U.S. financial institutions. Banking, lending, and......
Leading VCs And Deloitte Invest £4.1M (€5M/$5.4M) In Climate X, A Climate Risk Analytics Provider
Analytics News Risk Management

Leading VCs And Deloitte Invest £4.1M (€5M/$5.4M) In Climate X, A Climate Risk Analytics Provider

Fintech News Desk
Climate X, a London-based climate risk analytics provider, has raised £4.1M (€5M/$5.4M) in seed funding. CommerzVentures and A/O PropTech led the round – joined by Voyagers Climate Tech Fund, Blue Impact Ventures, Deloitte LLP and angel investors including David Rowan (founding Editor-in-Chief at WIRED), Kat Borlongan (former Director at La French Tech) and Renaud Visage (co-founder and former CTO at Eventbrite).......
AM Best Updates Net Capital Charge Associated With Fannie-Freddie Mortgage Risk Transfers
Mortgage News

AM Best Updates Net Capital Charge Associated With Fannie-Freddie Mortgage Risk Transfers

Fintech News Desk
AM Best has updated tables of net capital charges associated with a representative sample of mortgage-related transactions from Fannie Mae and Freddie Mac’s credit risk transfer (CRT) programs, Freddie Mac’s Agency Credit Insurance Structure (ACIS) and Fannie Mae’s Credit Insurance Risk Transfer (CIRT). These tables also highlight some of the key......
AM Best Assigns Credit Ratings to Universal Fire & Casualty Insurance Company and Its Subsidiary
InsurTech News

AM Best Assigns Credit Ratings to Universal Fire & Casualty Insurance Company and Its Subsidiary

Fintech News Desk
AM Best has assigned a Financial Strength Rating (FSR) of A- (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) to Universal Fire & Casualty Insurance Company (UFCIC) (headquartered in Waterford, MI) and its wholly owned subsidiary, Shield Indemnity Incorporated (Shield) (Dublin, OH). The outlook assigned to......
Crypto Credit Scoring Protocol CreDA Partners with FilDA to offer Leveraged and Low-Collateral Lending
DeFi Digital Asset Management Lending News

Crypto Credit Scoring Protocol CreDA Partners with FilDA to offer Leveraged and Low-Collateral Lending

Fintech News Desk
Users of CreDA’s platform can now earn industry-beating lending rates through FilDA based on their Crypto Credit Score CreDA (Credit DeFi Alliance), the leading decentralized credit rating service and FilDA, the largest ever DeFi lending platform on HECO with a peak TVL of over $2 billion USD, have partnered to offer......
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