Credit risk stories
New licensing rules mean BNPL providers must verify identities and addresses more accurately or risk fraud losses and compliance breaches.
Restaurants across seven European markets have repeatedly tapped platform lending as the YouLend-Just Eat Takeaway scheme tops EUR €150 million.
Businesses face mounting pressure to curb unsafe AI rollouts as executives warn that general-purpose tools are outpacing governance and controls.
Seventeen banks will test whether tokenised deposits can speed cross-border payments and extend settlement beyond normal market hours.
The Grantham-based affordability technology provider is expanding beyond its Embark platform as it targets more clients and stronger customer support.
Unsecured borrowers in New Zealand are under mounting strain as Experian flags a rise in personal loan arrears to a three-year peak.
Borrowers who seek help before falling behind on mortgages are far more likely to recover, with 87% back on track within six months.
Australian borrowers can now access AUD loans against crypto holdings without selling, as a licensed platform moves digital assets into mainstream credit.
UK SMEs can now spread surplus cash across more than 200 business savings accounts as Flagstone lifts its bank panel to 56.
Poorly checked AI use could leave SMEs exposed to lending errors, fines and loan cancellations, Banjo Loans has warned.
The new protocol could draw institutions to onchain credit markets by adding fixed terms, compliance controls and counterparty choice on Base.
More than 35,000 Australian businesses now face heightened failure risk as ATO debts above AUD $100,000 coincide with rising defaults.
Switching rose 43% in Britain last quarter, adding pressure on banks to tailor offers as digital-only accounts neared half of households.
As Australia tightens oversight of digital asset firms, the lender is moving to automated hedging to manage crypto and currency risk around the clock.
Buyers chasing cheaper homes are pushing flood-risk properties ahead of the wider New Zealand market, even as lenders rely on insurance.
The fee-free option gives eligible UK shoppers up to 30 days to settle online purchases from GBP £1 to GBP £900 at checkout.
Households squeezed by higher costs are turning to fixed-fee borrowing, helping the lender pass GBP £1 billion in loans.
Banks now face a capped GBP £85,000 reimbursement bill per claim as synthetic identity fraud turns into a direct liability under tighter UK rules.
Household finances are under growing strain as more Australians dip into savings, cut discretionary spending and lean on credit for essentials.
Falling confidence is pushing households to trim discretionary purchases, with 65% cutting non-essential spending as essentials stay dear.
