Tag : Credit risk management

Artificial Intelligence Banking Digital Payments Featured Finance Fintech Risk Management Security

Leveraging AI and Data Analytics for Better Risk Assessment

Fintech Staff Writer
by Fintech Staff Writer0
The rapid evolution of financial technology has brought forward innovative ways to borrow and lend, transforming how consumers approach personal finance. One standout development in this space is the rise of Buy Now, Pay Later (BNPL) services, a flexible and accessible lending model that has disrupted traditional banking and credit......
B2B Markets News Technology

Abrigo Acquires DiCOM Software, Expanding Capabilities And Increasing Scale

Fintech News Desk
by Fintech News Desk0
Abrigo, a leader in compliance, credit risk, and lending solutions for financial institutions, today announced the purchase of DiCOM Software, LLC, a leading provider of automated credit risk management software. The deal marks Abrigo’s third acquisition in five months and second in a month, continuing the execution of the company’s......
Bectran Unveils Enhanced Data Integration Interface for SMEs Credit, Collections and Accounts Receivable Data
Credit Bureaus News

Bectran Unveils Enhanced Data Integration Interface for SMEs Credit, Collections and Accounts Receivable Data

Fintech News Desk
by Fintech News Desk0
Credit, Collections & Accounts Receivable Software leader Bectran, Inc. unveiled the Enhanced SME API, a data integration solution designed to simplify and accelerate the dual integration of ERP and other third-party data into the Bectran platform for SMEs. The Enhanced SME API provides a simplified and less technical data preparation and transmission......
New Huobi Research Institute Report Cites KYC, Risk Management and Risk Pricing as Key Challenges
Lending News Risk Management

New Huobi Research Institute Report Cites KYC, Risk Management and Risk Pricing as Key Challenges

Fintech News Desk
by Fintech News Desk0
Crypto lending has emerged as a key trend in the decentralized finance (DeFi) market, but faces headwinds relating to Know Your Customer (KYC) considerations, risk management and risk pricing. However, these challenges can be addressed by limiting loans to on-chain legal persons, stepping up risk management, and using a market-based......
U.S. Bank Names Troy Remington as Chief Credit Officer
Banking News Risk Management

U.S. Bank Names Troy Remington as Chief Credit Officer

Fintech News Desk
by Fintech News Desk0
U.S. Bank announced that it has named Troy Remington as chief credit officer. Remington has been serving as interim chief credit officer since early August, when the former chief credit officer accepted a new leadership role within the company. Remington will report to Jodi Richard, U.S. Bank’s chief risk officer.......
Broadridge Launches Wealth Lending Network Marketplace
Banking Fintech Fintech Funding Investment Services News Risk Management

Broadridge Launches Wealth Lending Network Marketplace

Fintech News Desk
by Fintech News Desk0
Broadridge Financial Solutions, Inc. , a global Fintech leader, has launched a Wealth Lending Network marketplace to connect wealth managers to banks and other financial services institutions. The marketplace will enable wealth managers of all sizes to offer Securities-Based Lending (SBL) services to their clients using Broadridge’s end-to-end SBL technology......
CURO-To-Acquire-Flexiti_-A-Leading-Canadian-POS-BNPL-Lender_-For-_121-Million
Business Fintech Investment Services News Risk Management

CURO To Acquire Flexiti, A Leading Canadian POS/BNPL Lender, For $121 Million

Fintech News Desk
by Fintech News Desk0
CURO Group Holdings Corp. (NYSE: CURO) (“CURO”), a market leader in providing credit to non-prime consumers, today announced it has entered into an agreement to acquire Flexiti Financial Inc. (“Flexiti”), an emerging growth Canadian POS/BNPL provider. Under the terms of the agreement, CURO will acquire Flexiti for cash at closing......
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