TelcoNews US - Telecommunications news for ICT decision-makers
United States

Credit risk Stories

American Stories

Credit risk stories

Global Stories

Credit risk stories

Swift readies blockchain ledger for bank payment pilots
Fintech

Swift readies blockchain ledger for bank payment pilots

Seventeen banks will test whether tokenised deposits can speed cross-border payments and extend settlement beyond normal market hours.

By Karen Joy Bacudo • 5 min read • Last week
SBS launches AI foundation for banks on existing systems
Software-as-a-Service

SBS launches AI foundation for banks on existing systems

The rollout could help more than 1,500 institutions use generative AI on trusted in-house data without disrupting core banking operations.

By Karen Joy Bacudo • 3 min read • Last week
KredosAi raises USD $7 million in Series A led by BMW
Software-as-a-Service

KredosAi raises USD $7 million in Series A led by BMW

Rising delinquencies are pushing enterprises to adopt AI collections tools, as BMW i Ventures backs KredosAi's USD $7 million Series A.

By Karen Joy Bacudo • 3 min read • Last week
Standard Chartered tests digital asset prime brokerage
Crypto

Standard Chartered tests digital asset prime brokerage

The pilot could make institutional bitcoin and ether trading easier by adding bank balance sheet support, credit intermediation and T+1 settlement.

By Karen Joy Bacudo • 4 min read • Last week
Conexus Venture Capital backs JUDI.AI growth round
Digital Transformation

Conexus Venture Capital backs JUDI.AI growth round

Borrowers could get small business loan decisions in minutes as new capital supports JUDI.AI's North American expansion.

By Karen Joy Bacudo • 4 min read • Last month
Midas launches mGLOBAL as collateral on Aave Horizon
Decentralized Finance

Midas launches mGLOBAL as collateral on Aave Horizon

Qualified institutions can now borrow stablecoins against a tokenised private credit product as Aave Horizon widens its real-world asset market.

By Sean Mitchell • 4 min read • Last month
Maple, Kraken launch onchain loan facility for BTC
Fintech

Maple, Kraken launch onchain loan facility for BTC

Digital asset lenders could gain a more familiar funding model as the USDC facility adds bankruptcy-remote protections and onchain visibility.

By Karen Joy Bacudo • 4 min read • Last month

Stories from Other Regions

Credit risk stories

Utilities & telecoms firms face widespread payment woes
Fintech

Utilities & telecoms firms face widespread payment woes

Payment disruptions are worsening customer experience at utilities and telecoms firms, with 99% of respondents reporting some form of issue.

By Mark Tarre • 3 min read • Last week
Warburg Pincus takes stake in Australian CreditorWatch
Software-as-a-Service

Warburg Pincus takes stake in Australian CreditorWatch

The Australian credit-reporting firm plans to expand staff and technology after Warburg Pincus agreed to invest, with terms undisclosed.

By Karen Joy Bacudo • 4 min read • Last week
FintechWerx to buy Ruby Loans platform for CAD $825,000
Data Analytics

FintechWerx to buy Ruby Loans platform for CAD $825,000

The deal adds loan-origination technology aimed at speeding small-business credit checks, pending approvals and exchange sign-off.

By Karen Joy Bacudo • 3 min read • Last week
Monzo launches automated debt consolidation with ClearScore
Fintech

Monzo launches automated debt consolidation with ClearScore

Automating repayments could ease strain for borrowers juggling multiple debts, as the bank aims to cut admin and improve approval odds.

By Karen Joy Bacudo • 5 min read • Last week
ClearScore & Stream launch automated debt repayment
Fintech

ClearScore & Stream launch automated debt repayment

The tie-up could reduce missed repayments for UK workers by directing consolidation loan funds straight to existing creditors through payroll.

By Karen Joy Bacudo • 4 min read • Last week
The Hidden Cost of Bad Contact Data for Australian Finance Teams
Customer Relationship Management

The Hidden Cost of Bad Contact Data for Australian Finance Teams

Bad contact data is costing large Australian organisations hundreds of thousands of dollars a year through delayed payments, fraud risk and wasted spend.

By Edmund Ng • 5 min read • Last week
Panasonic New Zealand returns to profit as sales decline
Productivity

Panasonic New Zealand returns to profit as sales decline

Lower costs and support income helped Panasonic New Zealand swing back to a small profit even as revenue slid to NZD $90.8 million.

By Karen Joy Bacudo • 3 min read • This month
Earlypay warns SMEs on late payments as costs rise
Supply Chain

Earlypay warns SMEs on late payments as costs rise

Rising costs and overdue invoices are squeezing Australian SMEs, with late payments now at a six-year high, Earlypay says.

By Karen Joy Bacudo • 5 min read • Last month
Mackenzie adopts Bloomberg MAC3 for portfolio risk
Application Programming Interface

Mackenzie adopts Bloomberg MAC3 for portfolio risk

The Canadian asset manager will use Bloomberg's MAC3 to spot hidden risks and unintended exposures across equities, bonds and alternatives.

By Sean Mitchell • 4 min read • Last month
UK credit card balances hit record high amid strain
Inflation

UK credit card balances hit record high amid strain

Household finances are under growing strain as repayment rates fall and missed payments rise, with balances matching a record high.

By Sofiah Nichole Salivio • 3 min read • Last month