SecurityBrief Asia - Technology news for CISOs & cybersecurity decision-makers

Credit risk stories

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Banks Are Getting to Know You Better - What’s in it for Customers?
Thu, 23rd Feb 2023
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dr
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transactions
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credit risk
At the recent Australian Retail Credit Association Credit Summit, FICO’s Head of Scoring Solutions, Steven Brown, spoke about global credit risk trends.
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DataRobot AI solution for CIMB Bank recognised at Asset Triple A Digital Awards
Thu, 9th Jun 2022
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ml
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finance, leasing & rental
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ai
The new AI development by DataRobot helped CIMB develop machine learning credit models for its retail portfolio strengthening the bank's credit risk modelling and retail underwriting capabilities.
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Survey reveals NZ businesses dipping into personal savings to stay afloat
Wed, 13th Apr 2022
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finance, leasing & rental
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business
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smb
According to new research from Prospa, 40% of Kiwi small businesses use personal savings to support operations.
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Credit Clear bolsters digital customer journey with business analytics
Thu, 25th Nov 2021
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big data
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data analytics
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bi
Credit Clear says offering customers the ability to pay as they go has been a welcome move, particularly as the pandemic puts undue stress on financial situations and overdue payments.
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Payments industry 'flying blind' as vulnerable consumers get caught in BNPL debt
Tue, 6th Jul 2021
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bnpl
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credit risk
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credit management
"This is building up to be a trainwreck for vulnerable customers and the question for regulators is whether they will prevent substantial consumer detriment."
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Why cash is no longer king in Australia
Thu, 23rd May 2019
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b2b
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credit risk
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credit management
Australia is leading the way in APAC for granting credit on B2B transactions.
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New app conducts background checks on potential tenants
Tue, 11th Dec 2018
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privacy
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credit risk
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proper
Landlords and house owners need to obtain a tenant’s full name, date of birth, email address, and mobile number in order to conduct the search. And most importantly, they have to get the tenant’s permission first.
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Digital Shadows discovers credit card crime ring cashing in on $24b a year
Tue, 25th Jul 2017
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cybersecurity
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online fraud
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credit card fraud
A professional ecosystem has emerged that is providing e-learning courses to allow aspiring cybercriminals to make USD$12k in monthly earnings.
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Xero and Equifax piloting tool to help small businesses avoid bad debt
Fri, 5th May 2017
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accounting systems
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nz
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xero
The feature will let small businesses on Xero see the credit risk of their potential customers, suppliers and partners.
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