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Credit risk stories

UK credit card severe delinquency rises, FICO says
Inflation

UK credit card severe delinquency rises, FICO says

Severe arrears are deepening among vulnerable borrowers, even as post-Easter spending fell and repayments ticked higher in May.

By Sofiah Nichole Salivio • 4 min read • Last week
Paylink appoints new Senior Leaders as business evolves platform
Software-as-a-Service

Paylink appoints new Senior Leaders as business evolves platform

The Grantham-based affordability technology provider is expanding beyond its Embark platform as it targets more clients and stronger customer support.

By Mark Tarre • 4 min read • Last week
Flagstone expands SME savings panel to 56 UK banks
Fintech

Flagstone expands SME savings panel to 56 UK banks

UK SMEs can now spread surplus cash across more than 200 business savings accounts as Flagstone lifts its bank panel to 56.

By Karen Joy Bacudo • 4 min read • Last month
Morpho launches Midnight fixed-rate lending on Base
Decentralized Finance

Morpho launches Midnight fixed-rate lending on Base

The new protocol could draw institutions to onchain credit markets by adding fixed terms, compliance controls and counterparty choice on Base.

By Karen Joy Bacudo • 3 min read • Last month
FICO urges UK banks to boost personalisation amid switching
Digital Transformation

FICO urges UK banks to boost personalisation amid switching

Switching rose 43% in Britain last quarter, adding pressure on banks to tailor offers as digital-only accounts neared half of households.

By Sofiah Nichole Salivio • 4 min read • Last month

Global Stories

Credit risk stories

World FinTech Day warnings over governance & skills
Digital Transformation

World FinTech Day warnings over governance & skills

Financial services firms risk stalled AI roll-outs and weaker supply chains unless governance and digital skills improve, experts warned.

By Karen Joy Bacudo • 6 min read • Last week
Method launches Portfolio Intelligence for lenders
Fintech

Method launches Portfolio Intelligence for lenders

Lenders can now track borrowers' changing debt loads after origination, as the tool flags refinancing and risk signals without reauthentication.

By Sofiah Nichole Salivio • 3 min read • Last week
BNPL Fraud in Australia: Why new rules make data quality critical
Fintech

BNPL Fraud in Australia: Why new rules make data quality critical

New licensing rules mean BNPL providers must verify identities and addresses more accurately or risk fraud losses and compliance breaches.

By Edmund Ng • 5 min read • Last week

Stories from Other Regions

Credit risk stories

US small firms lean on personal credit, survey finds
Fintech

US small firms lean on personal credit, survey finds

Poorly prepared borrowing is forcing many US small business owners to lean on personal credit, with 75% doing so last year.

By Karen Joy Bacudo • 4 min read • Last week
TBC Uzbekistan launches digital car loans in pilot mode
Digital Transformation

TBC Uzbekistan launches digital car loans in pilot mode

Selected customers can now secure vehicle finance in the app, with approval in a minute and delivery within 24 hours.

By Karen Joy Bacudo • 4 min read • Last week
Klarna to power Apple Upgrade leasing in US stores
Fintech

Klarna to power Apple Upgrade leasing in US stores

Apple customers in the US can now lease iPhones, Macs, iPads and Watches through Klarna, replacing the company's old upgrade plan.

By Karen Joy Bacudo • 4 min read • Last week
New Zealand personal loan delinquencies hit three-year high
Bank of New Zealand

New Zealand personal loan delinquencies hit three-year high

Unsecured borrowers in New Zealand are under mounting strain as Experian flags a rise in personal loan arrears to a three-year peak.

By Karen Joy Bacudo • 4 min read • Last week
Early mortgage hardship boosts repayment recovery: Experian
Data Analytics

Early mortgage hardship boosts repayment recovery: Experian

Borrowers who seek help before falling behind on mortgages are far more likely to recover, with 87% back on track within six months.

By Karen Joy Bacudo • 3 min read • Last week
Block Earner launches Australia's first crypto loans
Fintech

Block Earner launches Australia's first crypto loans

Australian borrowers can now access AUD loans against crypto holdings without selling, as a licensed platform moves digital assets into mainstream credit.

By Sean Mitchell • 4 min read • Last week
Banjo Loans urges SMEs to use AI with human checks
Data Protection

Banjo Loans urges SMEs to use AI with human checks

Poorly checked AI use could leave SMEs exposed to lending errors, fines and loan cancellations, Banjo Loans has warned.

By Karen Joy Bacudo • 4 min read • Last month
ATO tax debts lift insolvency risk for Australian firms
Data Analytics

ATO tax debts lift insolvency risk for Australian firms

More than 35,000 Australian businesses now face heightened failure risk as ATO debts above AUD $100,000 coincide with rising defaults.

By Karen Joy Bacudo • 5 min read • Last month
Vield adopts Integral tech to automate crypto hedging
Fintech

Vield adopts Integral tech to automate crypto hedging

As Australia tightens oversight of digital asset firms, the lender is moving to automated hedging to manage crypto and currency risk around the clock.

By Karen Joy Bacudo • 4 min read • Last month