Credit risk stories
Australia's energy shock deepens pressure on sole traders and smaller firms, with CreditorWatch flagging higher tax defaults and insolvency risk.
Erste Group expands AI-driven lending model across eight markets, cutting manual pricing exceptions and lifting profit in small-business loans.
Plaid builds a foundation model to improve transaction analysis, lifting income classification and loan payment detection across financial services.
Nearly half of Asia-Pacific mid-sized firms shun working capital tools, even as CFOs demand faster, simpler digital funding solutions.
FICO says UK lenders should use AI in collections as missed card payments and balances rise, adding pressure to manual recovery teams.
UK credit card balances hold steady as payment rates ease and more borrowers fall further behind, FICO data show.
Revolut and Akahu to use New Zealand's open banking rails for real-time credit card checks, speeding approvals and cutting paperwork.
Absa uses WhatsApp and FICO tools to lift fraud containment and collections, with self-solve cases up 47% and promises to pay more than doubling.
Monk lands USD $25 million to expand software that spots invoice errors, portal rejections and missed contacts before finance teams chase payment.
Creditinfo snaps up the remaining stake in KIB Latvia, giving it full control of the bureau and a bigger platform in the Baltic market.
Equifax Canada flags 31% jump in first-party fraud as credit cards and banking see more applicants overstating income and finances.
Ataccama rolls out AI Act evidence tools for banks, aiming to prove data quality at the point of use across lending, AML and fraud systems.
Simply Asset Finance and Lombard team up to widen SME lending across the UK through a wholesale facility and digital origination model.
UK SMEs stick with high street banks despite challenger rivals offering far higher savings rates and better protection options, Flagstone finds.
InDebted names Rob Young UK managing director as debt recovery firm steps up push in Britain's £60 billion consumer debt market.
FICO says banks should use dynamic profiling to flag vulnerable customers earlier, as UK unemployment hits 5.2% and pressure grows under FCA rules.
Canadian regulators urge financial firms to tighten AI safeguards as a new AGILE framework flags fraud, supply-chain and stability risks.
FICO taps former AWS executive Sol Rashidi to headline World 2026 as the conference spotlights AI, fraud prevention and risk in banking.
Fintech Worth secures USD $30m Series A to accelerate AI-powered onboarding and underwriting for small and medium-sized businesses.
Ripple joins Singapore's BLOOM pilot, using RLUSD and the XRP Ledger to automate cross-border trade payments on shipment verification.