LendingUSA, a U.S.-based fintech lender that provides loans to small businesses ranging from $1000 to $35,000, announced on Tuesday it has appointed Michael Brown as its new Vice President of Credit Risk and Pricing. The latest appointment comes just weeks after LendingUSA appointed Adam Contino… Read More
CRIF Realtime, a credit scoring tool for SMEs, has revealed that it has seen a surge in demand for its Open Banking enabled credit assessment software. This, as UK-based SMEs are increasingly looking to acquire capital to maintain operations during the global COVID-19 outbreak. CRIF’s… Read More
UK-based RateSetter, a peer to peer (P2P) lender, notes that its Provision Fund has been designed to assist investors with managing credit risk and to simplify the investment process. As explained by Jonathan Hodge, the chief operating officer at RateSetter, the Provision Fund aims to… Read More
CaixaBank S.A., a Spanish financial services firm based in Valencia and Barcelona in Spain, is moving forward with its experimental application of quantum computing to its financial products and services. CaixaBank, the third-largest lender by market cap in Spain (after Banco Santander and the BBVA),… Read More
On Friday, online lending platform Zopa announced the latest update of its credit risk model. This news comes just a few weeks after the lender announced updated on improving loan sale time progress, rebate period, and ISA transfer-in. Chief Product Officer at Zopa, Andrew Lawson,… Read More
Armed with an undergraduate degree in Electronics from Dharmsinh Desai University and MBAs from both the Indian Institute of Management, Bangalore and McGill University, Jaidev Janardana spent 12 years with Capital One, in the US and the UK. He was the CMO for Capital One UK, responsible… Read More
Alternative finance provider, Neyber, announced on Wednesday it has appointed former Zopa credit risk director, Paul Martin, as its new head of credit risk. Martin has reportedly 25 years of experience in the financial service sector and has held credit risks roles in various companies including… Read More
“Finding the right balance between financial reform and risk prevention will be one of the most important issues of our time,” writes Ruizhe Zhang of Dagong Global Credit Rating Co Ltd, in a recent China Daily op-ed on ECNS. Following the release of Internet finance guidelines… Read More
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