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

AI Recreates The Concept Of Creditworthiness In LATAM

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. That means forbearance programs are due for...

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OppFi CEO Says Behavioral Analytics Unearth Credit Gems Other Methods Miss
OppFi CEO Says Behavioral Analytics Unearth Credit Gems Other Methods Miss
June 03, 2021  |  Authentication

Fraud hit record highs over the past year amid unprecedented digital engagement, with each online interaction giving bad actors an opportunity to impersonate legitimate customers...

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FinTech Jeff Aims To Boost Lending To The Underbanked In South Asia
FinTech Jeff Aims To Boost Lending To The Underbanked In South Asia
January 06, 2021  |  Loans

With no credit scores, limited financial transaction histories, and a huge amount of people who don’t even have a bank account, lending money in Vietnam...

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Zest AI CEO: Artificial Intelligence Is Reshaping Lending and Credit
Zest AI CEO: Artificial Intelligence Is Reshaping Lending and Credit
November 10, 2020  |  Loans

The use of artificial intelligence (AI) and machine learning (ML) isn’t some futuristic idea. It’s here now and being used to make good banks better...

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How Mastercard Uses AI To Fight Fraud And Make Better Credit Decisions
How Mastercard Uses AI To Fight Fraud And Make Better Credit Decisions
July 08, 2020  |  Artificial Intelligence

Mastercard is harnessing artificial intelligence (AI) in a bid to hit fraudsters hard by searching for emerging patterns of criminal activity before they become major problems,...

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Esker’s Credit Management Tool Aims To Improve Credit-To-Cash Process
Esker’s Credit Management Tool Aims To Improve Credit-To-Cash Process
June 11, 2020  |  B2B Payments

Process automation and cloud computing firm Esker has announced its new Credit Management solution to aid companies in getting the most out of their credit-to-cash...

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As Pandemic Reshapes Consumer Behavior And Credit Risk: In AI We Trust?
As Pandemic Reshapes Consumer Behavior And Credit Risk: In AI We Trust?
May 01, 2020  |  Artificial Intelligence

The hoarding might be done. Toilet paper is no longer a precious commodity. Grocery shelves are (relatively) well-stocked. As the pandemic continues to take root in the...

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