article thumbnail

Stimulus measures fail to stop credit risk of five ASEAN countries from rising

Future CFO

The various policy measures will mitigate credit-negative pressure on companies, banks and the broader economy, but weakness in trade, commodity prices and general sentiment will weigh on growth for all five economies,” Deborah Tan, a Moody’s Assistant Vice President pointed out. “The

article thumbnail

Ford To Use Machine Learning To Assess Credit Risk

PYMNTS

ƒFord Motor Credit Co. the financing arm of the vehicle manufacturer, announced Friday (Aug. 25) that it will implement machine learning credit approval models to determine if it will lend a consumer money as it goes after a segment of the market that doesn’t have a solid credit history.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

1st Quarter 2024 Economic And Market Outlook: Potential Increased Volatility, Threats To Economic Growth, And Equity Markets

Nerd's Eye View

As has been the case for the past several quarters, the prevailing characteristic of the economy is one of bifurcation, with interest rate-sensitive sectors remaining in a recession (as evidenced by the manufacturing sector's 16-month-long contraction), while the services sector (which accounts for nearly 80% of U.S. GDP) continues to expand.

article thumbnail

Payment behaviours likely to deteriorate in 2023 

Future CFO

Indeed, in a context of slowing economic activity, oversupply in manufacturing sectors and tightening financial conditions, inventories are likely to decrease while payment delays should increase as in previous economic downturns. Allianz Trade forecasts that global WCR to remain broadly stable. Liquidity matters.

article thumbnail

How a CFO Can Help You Solve the Inflation Puzzle

Focus CFO

Trading partners’ credit risks : Customers and suppliers grapple with the same inflationary pressures and working capital management challenges, which can create a drag on their profitability. Pricing strategy : Businesses have the option to pass along higher costs of manufacturing and talent to customers by raising prices.

CFO 52
article thumbnail

Startup DNA: Apruve Seeking To Streamline B2B Payment Through Platform

PYMNTS

“We work with third-party banks to underwrite all orders placed on terms so sellers are paid out within 24 hours and take zero credit risk,” said Noble. “We We call it ‘CMaaS’ for Credit Management-as-a-Service.”. We believe Apruve is solving a fundamental problem that will enable more businesses to ride the $1.3

B2B 73
article thumbnail

LexisNexis Teams With Cortera To Add B2B Payment Behavior Data Into Risk Assessment

PYMNTS

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