CFOtech Asia - Technology news for CFOs & financial decision-makers

Credit risk stories

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Dow Jones and Oliver Wyman launch predictive credit risk tool
Thu, 11th Jan 2024
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ai
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credit risk
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fraud
Dow Jones partners with global consulting firm Oliver Wyman to develop Factiva Sentiment Signals, an AI-driven tool able to anticipate credit downgrades using news data, up to three months early.
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London fintech TRIVER secures £20m to transform SME finance access
Wed, 22nd Nov 2023
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ai
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credit risk
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swoop
London-based fintech, TRIVER, secures £20m in funding to revolutionise SME access to finance through Open Banking and AI.
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Milena Malev Joins illion as Chief Product Officer
Tue, 22nd Aug 2023
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big data
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bi
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data analytics
Milena Malev joins illion as Chief Product Officer, bringing extensive experience in the banking and insurance industry. #ExecutiveAppointment.
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Banks Are Getting to Know You Better - What’s in it for Customers?
Thu, 23rd Feb 2023
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cloud services
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dr
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transactions
At the recent Australian Retail Credit Association Credit Summit, FICO’s Head of Scoring Solutions, Steven Brown, spoke about global credit risk trends.
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DataRobot AI solution for CIMB Bank recognised at Asset Triple A Digital Awards
Thu, 9th Jun 2022
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finance, leasing & rental
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ml
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rpa
CIMB Bank Berhad wins Best Financial AI Project in Malaysia at The Asset Triple A Digital Awards 2022 with its AI platform developed by DataRobot.
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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.
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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
Australian receivables management firm Credit Clear is using data analytics to improve its digital customer journey and provide more payment options.
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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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retail
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credit risk
Buy now, pay later schemes could damage credit scores and harm vulnerable consumers, warns credit firm ClearScore.
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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 atop in Asia-Pacific for B2B credit sales, yet 25% lack a credit strategy amid economic uncertainty.
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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
Wellington startup Proper launches tool for thorough tenant checks, enhancing rental trust.
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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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retail
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online fraud
A professional ecosystem has emerged that is providing e-learning courses to allow aspiring cybercriminals to make USD$12k in monthly earnings.
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Xero and Equifax piloting tool to help small businesses avoid bad debt
Fri, 5th May 2017
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digital banking
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accounting systems
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nz
The feature will let small businesses on Xero see the credit risk of their potential customers, suppliers and partners.