PYMNTS

JANUARY 22, 2021

Given the roller coaster ride consumer finances have been on for the last 10 months, managing risk has become critical for financial institutions (FIs), both in terms of rising fraud counts and in terms of rising consumer delinquencies. Driving Actionable Intelligence In Real Time. And these models aren’t one-off events.

Banking 106

Banking Credit Risk Profit and Loss Risk Management 106

CFO Thought Leader

JUNE 11, 2025

Instead, more than 30 financial institutions and non-bank entities fund those transactions. Managing that arm requires a distinct skill set. The people that manage that part of the business are former bankers,” he tells us. Integrating them under traditional SaaS leadership would risk diminishing their value.

SAP 52

SAP CFO Risk Management Invoicing 52

PYMNTS

NOVEMBER 30, 2018

Joining PYMNTS’ Karen Webster for this week’s edition of the Unscripted Podcast, the pair agreed that in the digital age, risk management is such a complex, interconnected and vast topic that payments service providers in some sense need to write an entirely new rule book when to comes to capturing the emerging art of risk management. “On

Risk Management 65

Risk Management Invoicing Credit Risk Compliance 65

PYMNTS

APRIL 2, 2020

Every interaction tells banks what customers actually want, meaning FIs just need the right tools to interpret this data. billion by 2025, with banks of all sizes leveraging such capabilities. Data analytics can give banks valuable insights into their customers’ financial lives and help them offer tailored financial products.

Banking 94

Banking Risk Management Credit Risk Advertising 94

Trade Credit & Liquidity Management

JUNE 11, 2025

The vulnerability of applicants, customers, and their customers to cyberattacks should be a major concern of credit executives. Cyber-risks are a core vulnerability that your counterparts in Third Party Risk Management (TPRM) and Supply Chain Management (SCM) are already tracking. You should do the same.

Credit Risk 52

Credit Risk Prioritization Securities Risk Management 52

PYMNTS

DECEMBER 5, 2018

. “I would characterize it as a Big Data issue — it’s very intimidating to get started in third-party risk management,” Simkins said. ” Inexperienced or unfamiliar professionals may take a bottom-up approach to third-party risk management, analyzing risk on a vendor-by-vendor basis.

Securities 76

Securities Banking Risk Management Credit Risk 76

PYMNTS

DECEMBER 10, 2020

And in banking, financial institutions can incorporate artificial intelligence into their consumer credit strategies at a time when a retroactive approach to credit risk management has become less feasible amid COVID-19. 80%: Share of banking interactions done online in 2020. All this, Today in Data.

Credit Risk 102

Credit Risk Risk Management eCommerce Banking 102

The Finance Weekly

AUGUST 26, 2023

It is changing how businesses deal with Enterprise Risk Management (ERM), and AI algorithms can always watch for risks. AI can look at lots of data, find patterns, and predict risks. AI also does tasks automatically and saves time for risk managers. This helps lenders proactively tackle credit risks.

Risk Management 52

Risk Management Profit and Loss Currencies Compliance 52

CFA Institute

DECEMBER 15, 2023

Ladislao Vidal, CFA, is a sales executive at FIS, which provides technological solutions for the banking sector. He joined the company in 2017 as a consultant helping banks across Europe improve their risk and treasury frameworks and decision making. He started his career as derivatives trader at a commodities firm.

Marketing 52

Marketing Credit Risk Treasury Banking 52

CFA Institute

MARCH 6, 2025

Ladislao Vidal, CFA, is a sales executive at FIS, which provides technological solutions for the banking sector. He joined the company in 2017 as a consultant helping banks across Europe improve their risk and treasury frameworks and decision making. He started his career as derivatives trader at a commodities firm.

Credit Risk 52

Credit Risk Treasury Banking Sales 52

PYMNTS

JULY 8, 2020

AI Also Helps Manage Credit Risk. For instance, Mastercard has been using AI to help its banking partners with credit risk management, aiming to provide the right amount of credit to customers — and the smartest collections efforts — in today’s uncertain economic climate.

Credit Risk 109

Credit Risk Risk Management Securities Economics 109

PYMNTS

JUNE 17, 2020

In financial fraud, the breaches come when bank standards are lax. Australian bank Westpac Banking Corp. And that guiding principle is what leads fraudsters and bad actors to probe systemic vulnerabilities in banks’ compliance processes. may stand as Exhibit A here. There was no evidence of intentional wrongdoing.”.

Banking 75

Banking Compliance Risk Management Credit Risk 75

CFA Institute

OCTOBER 18, 2023

He formerly worked as a senior analyst for Primatics Financial where he served as a consultant primarily for large banks, advising them on credit risk, among other matters. Hughes is a chartered financial analyst (CFA).

Marketing 52

Marketing Credit Risk Financial Analyst Investments 52

PYMNTS

OCTOBER 3, 2017

French startup Tinubu Square has secured funding for its solution that provides trade credit risk management, according to news reports on Monday (Oct.2). Tinubu Square’s customers are credit and surety insurers, trade finance banks and export credit agencies, according to reports. “The

Credit Risk 40

Credit Risk Startups Risk Management Banking 40

PYMNTS

SEPTEMBER 29, 2017

Banks are finding it more difficult than ever to ignore potential FinTech partnerships that could better serve their corporate customers. When it comes to corporate treasury, business clients demand robust solutions and services from their banks, and FinTech players are stepping in to help. Managing Risk.

Treasury 56

Treasury Banking Compliance Risk Management 56

PYMNTS

JUNE 1, 2020

invoice insurance provider Nimbla is teaming up with the credit risk assessment firm Wiserfunding , according to a report in Crowdfund Insider on Friday (May 29). s SMEs if they combine the various innovations from the FinTech space, insurance and risk management sectors.”.

Invoicing 67

Invoicing Risk Management Credit Risk Economics 67

PYMNTS

NOVEMBER 15, 2016

14) that the company is entering the small business finance space with a new platform that adds to its existing consumer lending, credit risk and portfolio risk management offerings for financial institutions. Reports said Monday (Nov. ”

Credit Risk 66

Credit Risk Risk Management Finance Banking 66

Trade Credit & Liquidity Management

MAY 1, 2025

(Photo by Christine Roy on Unsplash ) This is reflected in reports from major banks like Wells Fargo and JPMorgan Chase, which have not observed companies making large withdrawals from credit lines—a sharp contrast to the early days of the Covid-19 crisis, when businesses rushed to secure cash.

Credit Risk 52

Credit Risk Risk Management Communication Securities 52

PYMNTS

DECEMBER 21, 2020

Serent’s focus has been on companies selling what he calls "picks and shovels" into FinTechs, lenders and other constituents instead of investing directly into banks and lenders. He said he believes there will be a continued trend of banks and lenders that rely on best-in-class third-party software vendors to differentiate their offerings.

B2B 79

B2B Healthcare Investments Credit Risk 79

PYMNTS

JUNE 23, 2017

LexisNexis Risk Solution, a data and analytics company that helps loaners assess the risk of small business lending to borrowers, is teaming up with Cortera to add its trade credit analytics capabilities into the mix.

B2B 54

B2B Invoicing Credit Risk Transportation 54

PYMNTS

MARCH 10, 2020

Inaccurate and slow credit risk assessment for [small- to medium-sized business (SMB)] commercial loan requests is one of the major reasons that over 50 [percent] of loans are currently declined by financial institutions (FIs),” said Roger Vincent, chief innovation officer at Trade Ledger.

Credit Risk 52

Credit Risk Risk Management Economics Finance 52

CFO News

APRIL 3, 2024

"This landmark transaction marks a pivotal moment in credit risk management and underscores the growing sophistication of financial instruments in the Indian market," said Parul Mittal Sinha, Head - Financial Markets, India, Standard Chartered Bank.

Credit Risk 40

Credit Risk Risk Management Banking Marketing 40

PYMNTS

SEPTEMBER 4, 2019

The Hong Kong Monetary Authority has, as finews.asia reported this past week, amended its credit risk management guidelines in a way that seeks to boost the embrace of analytics when lending to smaller firms. Open Banking Partnerships – Focus On Romania. Cash invested on the platform, said the company, stands at $2.7

Cash Management 53

Cash Management Data Analysis Credit Risk Banking 53

PYMNTS

FEBRUARY 29, 2016

The company, which provides data and business intelligence solutions, like credit ratings and research for the financial world, said Thursday (Feb. Finagraph similarly provides automated data aggregation and analysis, with a focus on helping banks be able to assess the creditworthiness of small and medium-sized enterprises.

Credit Risk 40

Credit Risk Risk Management Investments Technology 40

CFO Talks

AUGUST 21, 2024

IFRS 9 Financial Instruments: Managing Expected Credit Losses IFRS 9 introduced the concept of expected credit losses (ECL), which means companies must recognise potential credit losses earlier, based on a forward-looking model. Practical Example: Imagine a bank that issues loans to customers.

IFRS 52

IFRS Profit and Loss Credit Risk Communication 52

PYMNTS

APRIL 6, 2017

The company said Wednesday (April 5) that it is rolling out its Origination Manager Essentials solution for mid-market banks and credit unions. The tool uses FICO’s existing Small Business Scoring Service, the company noted, and allows banks and credit unions to make a loan application decision in as quick as one minute.

Credit Risk 40

Credit Risk Risk Management Banking Marketing 40

PYMNTS

NOVEMBER 19, 2019

Banks and credit unions that handle their own credit card programs are also likely to face another challenge in the near term. The credit cycle will turn, and you’ll have a generation of credit risk managers who’ve not been through a recession yet. Near-Term Challenges.

Mergers and Acquisitions (M&A) 56

Mergers and Acquisitions (M&A) Compliance Credit Risk Construction 56

PYMNTS

JULY 11, 2017

The International Chamber of Commerce Banking Commission recently released a report that found an imbalance between supply and demand of trade finance services. Indeed, banks must tread carefully in the world of trade finance, and with such little room for error and financial losses, risk management is critical.

Finance 43

Finance Invoicing Profit and Loss Credit Risk 43

PYMNTS

MAY 5, 2017

Using machine learning technology, the company offers personal credit evaluation, anti-fraud services and other data products, while additionally providing credit assessment and online loan management tools for banks and other lenders. W2 Global Data. Honorable Mentions.

B2B 54

B2B Planning Startups Credit Risk 54

CFO Talks

DECEMBER 8, 2021

This is a role she’s performed since 2020 and a risk analyst at the South African Reserve Bank, while concurrently serving as a non-executive director at the Institute of Bankers of South Africa, on a pro bono basis. CIARAN RYAN: Okay, you’ve got quite an extensive career in banking. I love the regulatory space.

Auditing 72

Auditing Accounting Banking Risk Management 72

PYMNTS

JANUARY 11, 2018

That category, according to Burnside, contains about 145 million consumers – who, he noted, have very particular points of need where underwriting and risk management capabilities are severely underdeveloped. ” That does not make them an antagonist to banks. Breaking New Ground. .

Risk Management 43

Risk Management Sales Finance Construction 43

PYMNTS

MAY 17, 2017

Earlier this month, LexisNexis Risk Solutions said that its suite of products geared toward assisting lenders with account management can help mollify this challenge through its Small Business Monitoring, which draws on disparate data points to assess risk in a proactive manner.

Credit Risk 40

Credit Risk Risk Management Accounting Numbers 40

PYMNTS

SEPTEMBER 25, 2019

“But what we found in the big picture — and we don’t think this is a terribly counterintuitive finding — is that the way someone performs in their academic life turns out to be a very good predictor of how the will quantitatively perform from a credit risk standpoint in the future.”.

Credit Risk 49

Credit Risk Securities Risk Management Education 49

The Finance Weekly

NOVEMBER 20, 2023

A notable example is the Bank of America, which employs AI to maintain the integrity of transactions and combat fraud. By scrutinizing various data points such as payment history and IP addresses, the bank swiftly , identifies anomalies.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Cash Flow Forecasting Financial Data 52

PYMNTS

JUNE 7, 2018

Most business still looked to banks, despite the fact that in the wake of the financial crisis and subsequent credit crunch, lending from banks more or less ground to a halt where SMBs were concerned. And for a very good reason: SMB lending is a tough business to be in, Lifshitz told Webster.

Invoicing 49

Invoicing Data Analysis Credit Risk Risk Management 49

PYMNTS

OCTOBER 1, 2018

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. The Rundown on the Run-up to the Decisions.

Valuation 54

Valuation Startups Banking CFO 54

PYMNTS

JUNE 6, 2018

Most business still looked to banks – despite the fact that in the wake of the Financial Crisis and subsequent credit crunch lending from banks more or less ground to a halt where SMBs were concerned. And for a very good reason: SMB lending is a tough business to be in, Lifshitz told Webster.

Invoicing 40

Invoicing Data Analysis Credit Risk Risk Management 40