credit risk

Credit risk is the risk of default on a debt that may arise from a borrower failing to make required payments. In the first resort, the risk is that of the lender and includes lost principal and interest, disruption to cash flows, and increased collection costs. The loss may be complete or partial.

Source: en.wikipedia.org

Bank of America Strategists Say Prediction Markets and Sports Gambling Could Pressure Credit Quality
Bank of America Strategists Say Prediction Markets and Sports Gambling Could Pressure Credit Quality
November 25, 2025  |  Consumer Finance

Bank of America strategists reportedly expect consumers’ growing use of prediction markets and sports gambling sites to create new credit risk for lenders. Get the...

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DigiFi Adds ValidiFI’s Credit Risk Solutions to Automated Digital Lending Platform
DigiFi Adds ValidiFI’s Credit Risk Solutions to Automated Digital Lending Platform
December 04, 2024  |  Partnerships

ValidiFI and DigiFi have partnered to provide lenders with automated, streamlined credit decisioning. Get the Full Story Complete the form to unlock this article and...

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Rich Data Co to Accelerate Expansion of AI Decisioning Platform
Rich Data Co to Accelerate Expansion of AI Decisioning Platform
August 05, 2024  |  artificial intelligence

Australian company Rich Data Co (RDC) has secured an additional AU$9 million (about $5.9 million) in funding to accelerate the expansion of its artificial intelligence...

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How Cash Flow Insights Are Building Tomorrow’s Credit Products
How Cash Flow Insights Are Building Tomorrow’s Credit Products
December 12, 2023  |  Loans

The lending landscape is undergoing a system-level shift that promises to benefit both borrowers and lenders. Get the Full Story Complete the form to unlock...

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The Easiest Way for Suppliers to Lose Business Is With Manual AR
The Easiest Way for Suppliers to Lose Business Is With Manual AR
October 26, 2023  |  B2B Payments

It’s said that change is the only constant in business, but that doesn’t mean firms need to consistently adapt to every new trend. Get the...

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Credit Sesame CEO: Outdated Credit Scoring Renders 44 Million Potential Borrowers Invisible
Credit Sesame CEO: Outdated Credit Scoring Renders 44 Million Potential Borrowers Invisible
July 06, 2021  |  credit frictions

“How much cash you have and how you use your cash is really an important data point that can be used to assess someone’s creditworthiness.”...

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Avant CEO: Near-Prime Consumers Aren’t As Risky As Incomplete Data Suggests
Avant CEO: Near-Prime Consumers Aren’t As Risky As Incomplete Data Suggests
June 17, 2021  |  Risk Management

The last 16 or so months has triggered a full reset of almost every part of consumers’ lives, as they were forced to rewire themselves to...

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AI Recreates The Concept Of Creditworthiness In LATAM
AI Recreates The Concept Of Creditworthiness In LATAM
June 11, 2021  |  Artificial Intelligence

It’s been a while since cash was king here in the U.S., but in other parts of the world, such as South America, paper money...

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NY Fed Research Says Mortgage Forbearance Skews Credit Scores
NY Fed Research Says Mortgage Forbearance Skews Credit Scores
June 08, 2021  |  Economy

The pandemic is ebbing, and the U.S. economy is — in lumpy fashion, to be sure — reigniting. Get the Full Story Complete the form...

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