Blog / News
What makes machine learning essential in the finance sector?
Machine learning is evidence that we are already living in the future. This cutting-edge technology includes a number of applications that streamline and automate numerous business operations in a wide range of industries, including banking….
- Oct 06
CRiskCo FinScore – Model White Paper
Model White Paper CRiskCo’s FinScore is a credit score, which is a statistical measurement that helps businesses and credit providers make better credit decisions. It is well established that the use of credit scores…
- Sep 20
What are the 5 C’s of credit?
The term “5 C’s of credit” describes a group of characteristics that enable financial organizations to verify a borrower’s solvency, lowering the likelihood of delinquency and unpaid loans. In this opportunity, you will learn more…
- Sep 11
Key Financial Indicators to Analyze in Your Company
Financial indicators are a set of values that relate to a company’s income and expenses, final result, and economic position. These figures reveal the true state of the company, allowing strategic decisions to be made….
- Sep 08
Step by step: The credit granting process
Credit granting is the process by which a client receives a loan and a certain amount of money is credited to his bank account. To successfully carry out this process, financial institutions must maintain data and…
- Sep 08
Credit Score and Credit History: Are They the Same?
Credit score and history are key concepts that appear when people or businesses seek financing and are evaluated by the financial institution, so it is critical that both concepts are thoroughly understood. That is why,…
- Sep 04
CRiskCo and Mendel: Tech Solutions for the Financial Sector
Having technological solutions that optimize financial sector operations contributes to fiscal certainty by making processes more transparent, and it can significantly reduce the risks of fraud or nonpayment during the underwriting process. Given the importance…
- Aug 18
CRiskCo Credit Score, New Members of our Community, & more!
Newsletter August 2022 The CRiskCo Credit Score is now available! CRiskCo’s “FinScore” is a credit scoring system that uses a proprietary algorithm to track and evaluate a company’s financial performance, resulting in a score. The score is calculated…
- Aug 18
The importance of cybersecurity in the financial industry
The financial environment, thanks to fintech, is driving service digitization with increasing force. Given the consequences of a data or system breach, cybersecurity is one of the sector’s primary concerns. In accordance with the foregoing,…
- Aug 09
What are the benefits of financial data in business?
Analyzing financial data is critical for businesses to detect specific details in their structure in economic terms and avoid scenarios of complexity in managing their finances. Understanding this data is also important for credit institutions…
- Aug 07