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Credit risk Stories - Page 7

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Global financial leaders awarded for digital risk innovation
Data Analytics

Global financial leaders awarded for digital risk innovation

Andy Lawrie of Nationwide wins FICO Decision Hero Award for leading credit decision overhaul, boosting efficiency and compliance in financial services.

By Jed Nykolle Harme • 3 min read • Thu, 15th May 2025
UK fintech Lenkie raises GBP £49m to boost SME financing
Credit risk

UK fintech Lenkie raises GBP £49m to boost SME financing

UK fintech Lenkie has secured GBP £49 million in Series A funding, aiming to transform payables financing for SMEs amid a £22 billion funding gap.

By Sean Mitchell • 3 min read • Wed, 5th Mar 2025
Australia & NZ invest in AI to enhance lending decisions
Unified Communications

Australia & NZ invest in AI to enhance lending decisions

Experian's study reveals Australian and New Zealand financial leaders are increasingly investing in AI and automation to enhance lending efficiency.

By Kaleah Salmon • 4 min read • Tue, 26th Nov 2024
Australian fintech RDC partners with major US bank M&T
Biometrics

Australian fintech RDC partners with major US bank M&T

Rich Data Co secures its first US client with M&T Bank Corporation, integrating AI to enhance the bank's risk management and lending strategies.

By Shannon Williams • 3 min read • Tue, 28th May 2024
Aryza Group launches Aryza Decide for improved credit risk management
Financial institutions

Aryza Group launches Aryza Decide for improved credit risk management

Aryza Group unveils dynamic, standalone system, Aryza Decide, geared to revolutionise credit risk management in the lending industry and encouraging operational efficiency.

By Kaleah Salmon • 3 min read • Wed, 20th Mar 2024
Dow Jones and Oliver Wyman launch predictive credit risk tool
Supply Chain

Dow Jones and Oliver Wyman launch predictive credit risk tool

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.

By Catherine Knowles • 3 min read • Thu, 11th Jan 2024
Banks Are Getting to Know You Better - What's in it for Customers?
Disaster Recovery

Banks Are Getting to Know You Better - What's in it for Customers?

At the recent Australian Retail Credit Association Credit Summit, FICO's Head of Scoring Solutions, Steven Brown, spoke about global credit risk trends.

By FICO • 6 min read • Thu, 23rd Feb 2023
Credit Clear bolsters digital customer journey with business analytics
Data Analytics

Credit Clear bolsters digital customer journey with business analytics

Australian receivables management firm Credit Clear is using data analytics to improve its digital customer journey and provide more payment options.

By Staff Writer • 2 min read • Thu, 25th Nov 2021
Payments industry 'flying blind' as vulnerable consumers get caught in BNPL debt
Buy Now Pay Later

Payments industry 'flying blind' as vulnerable consumers get caught in BNPL debt

Buy now, pay later schemes could damage credit scores and harm vulnerable consumers, warns credit firm ClearScore.

By Staff Writer • 2 min read • Tue, 6th Jul 2021
Why cash is no longer king in Australia
B2B

Why cash is no longer king in Australia

Australia atop in Asia-Pacific for B2B credit sales, yet 25% lack a credit strategy amid economic uncertainty.

By Staff Writer • 4 min read • Thu, 23rd May 2019

Stories from Other Regions

Credit risk stories

UK credit card debt up as spending slows, missed payments rise
Data Analytics

UK credit card debt up as spending slows, missed payments rise

UK credit card debt rises as spending drops 6.8%, with average balances hitting GBP £1,845 and missed payments surging 23% in March 2025.

By Jed Nykolle Harme • 4 min read • Thu, 5th Jun 2025
Entercard adopts FICO to boost fraud detection in Nordics
Data Analytics

Entercard adopts FICO to boost fraud detection in Nordics

Entercard adopts FICO's AI-powered platform to enhance fraud detection and prevention across the Nordic region, improving security and customer experience.

By Jed Nykolle Harme • 3 min read • Tue, 13th May 2025
UK credit card balances & missed payments on the rise
Fintech

UK credit card balances & missed payments on the rise

FICO's UK report warns of rising first-party fraud amid financial strain, as average credit card balances grow and missed payments increase year-on-year.

By Jed Nykolle Harme • 3 min read • Thu, 1st May 2025
London fintech TRIVER secures £20m to transform SME finance access
Artificial Intelligence

London fintech TRIVER secures £20m to transform SME finance access

London-based fintech, TRIVER, secures £20m in funding to revolutionise SME access to finance through Open Banking and AI.

By Sean Mitchell • 4 min read • Wed, 22nd Nov 2023
Milena Malev Joins illion as Chief Product Officer
Data Analytics

Milena Malev Joins illion as Chief Product Officer

Milena Malev joins illion as Chief Product Officer, bringing extensive experience in the banking and insurance industry. #ExecutiveAppointment.

By Imee Dequito • 3 min read • Tue, 22nd Aug 2023
Survey reveals NZ businesses dipping into personal savings to stay afloat
Fintech

Survey reveals NZ businesses dipping into personal savings to stay afloat

According to new research from Prospa, 40% of Kiwi small businesses use personal savings to support operations.

By Mitchell Hageman • 3 min read • Wed, 13th Apr 2022
New app conducts background checks on potential tenants
Data Privacy

New app conducts background checks on potential tenants

Wellington-based startup Proper launches an app enabling landlords to conduct thorough background checks on potential tenants, ensuring trustworthy renters.

By Sara Barker • 3 min read • Tue, 11th Dec 2018