Credit risk stories
Banks Are Getting to Know You Better - What’s in it for Customers?
Thu, 23rd Feb 2023
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dr
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transactions
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credit risk
At the recent Australian Retail Credit Association Credit Summit, FICO’s Head of Scoring Solutions, Steven Brown, spoke about global credit risk trends.
DataRobot AI solution for CIMB Bank recognised at Asset Triple A Digital Awards
Thu, 9th Jun 2022
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ml
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finance, leasing & rental
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ai
The new AI development by DataRobot helped CIMB develop machine learning credit models for its retail portfolio strengthening the bank's credit risk modelling and retail underwriting capabilities.
Survey reveals NZ businesses dipping into personal savings to stay afloat
Wed, 13th Apr 2022
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finance, leasing & rental
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business
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smb
According to new research from Prospa, 40% of Kiwi small businesses use personal savings to support operations.
Credit Clear bolsters digital customer journey with business analytics
Thu, 25th Nov 2021
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big data
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data analytics
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bi
Credit Clear says offering customers the ability to pay as they go has been a welcome move, particularly as the pandemic puts undue stress on financial situations and overdue payments.
Payments industry 'flying blind' as vulnerable consumers get caught in BNPL debt
Tue, 6th Jul 2021
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bnpl
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credit risk
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credit management
"This is building up to be a trainwreck for vulnerable customers and the question for regulators is whether they will prevent substantial consumer detriment."
Why cash is no longer king in Australia
Thu, 23rd May 2019
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b2b
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credit risk
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credit management
Australia is leading the way in APAC for granting credit on B2B transactions.
New app conducts background checks on potential tenants
Tue, 11th Dec 2018
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privacy
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credit risk
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proper
Landlords and house owners need to obtain a tenant’s full name, date of birth, email address, and mobile number in order to conduct the search. And most importantly, they have to get the tenant’s permission first.
Digital Shadows discovers credit card crime ring cashing in on $24b a year
Tue, 25th Jul 2017
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cybersecurity
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online fraud
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credit card fraud
A professional ecosystem has emerged that is providing e-learning courses to allow aspiring cybercriminals to make USD$12k in monthly earnings.
Xero and Equifax piloting tool to help small businesses avoid bad debt
Fri, 5th May 2017
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accounting systems
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nz
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xero
The feature will let small businesses on Xero see the credit risk of their potential customers, suppliers and partners.