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Top 2024 macro-credit risks

Future CFO

Top 2024 macro-credit risks include tight liquidity and funding conditions, uncertainty about China’s macroeconomic outlook and property sector, and geopolitical event risk, said Fitch Ratin gs recently. The post Top 2024 macro-credit risks appeared first on FutureCFO.

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Regulators Say US Bank Cybersecurity Oversight Needs Streamlining

PYMNTS

Regulators say cyberattacks could cause havoc to financial systems, crashing payment systems, exposing confidential customer data and generally posing a threat to the banking industry, which relies much more heavily on data than it used to.

Banking 53
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Can Alternative Data Move The Dial For Financial Inclusion?

PYMNTS

They are roughly equivalent to the “No Worries” persona PYMNTS/Unifund wrote in about in the last edition of its Financial Invisibles Report. By and large, both Experian and PYMNTS data concludes, they are well served by traditional credit scoring mechanisms and services. They just don’t have a credit history yet.”.

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OCC Defines Top Threats To Banks This Season

PYMNTS

Treasury’s Office of the Comptroller of the Currency found that underwriting standards have eased thanks to an increased appetite for credit risk, increased competition and an overall perception of improved economic circumstances. Commercial real estate (CRE) loans, however, continued to strengthen. Amid these fluctuations, the U.S.

Banking 46
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CFPB Opens Floodgates For Online Marketplace Lender Complaints

PYMNTS

“What’s clear is that once-bullish investors seem to have cooled on the space as these platforms work their way through the natural cycle of business and they wait to see how good the new science of credit risk and underwriting really are. It’s really too early to tell,” Webster wrote.

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Canadian Regulator On Innovation’s Slow Roll

PYMNTS

There’s a difference between the risk of depositing money into a bank account, said Wright, and depositing money into a Starbucks card held on a phone. In the case of the former, there’s obviously a lot more risk to the individual and to the financial system. JPMorgan explicitly called out credit risk.

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Can FinTech Walk The FinTalk?

PYMNTS

Tech and a great user experience alone didn’t turn out to be a great way to sidestep the merits of using good, old-fashioned credit, risk and lending models to do it. Digital Banks.

Banking 73