Blog / News
CRiskCo and Mendel: Technological 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, and more! – Newsletter August 2022
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
How is big data related to the financial sector?
Data processing in the financial sector has been simplified today, especially thanks to the handling of big data. Taking advantage of available technologies has become critical at a time when it is necessary to personalize…
- Aug 07
Is it possible to reduce credit risk?
To obtain a loan, financial institutions must assess the applicant’s credit risk so that they can be confident that their resources are in good hands and will be returned on time. But what exactly is…
- Aug 04
Accounting systems and Open Accounting: What you should know about it
Open accounting, by integrating the accounting system of companies under a single platform, is an opportunity for financial entities to have a source of current and reliable data when it comes to delivering loans to…
- Aug 04
CRiskCo officially operating in Israel, What a credit report is, and more! – Newsletter July 2022
Newsletter July 2022 CRiskCo now live in Israel! Bank Hapoalim and CRiskCo have partnered to conduct a Proof of Concept on how Open Accounting technology can be adopted to the Israeli market to increase business owners’ access to credit. The…
- Jul 18
Financial ratios to evaluate a company’s performance
A ratio (division) between two linked elements in a company’s financial accounts is referred to as a financial ratio. Its goal is to compare and quantify magnitudes objectively in order to better visualize corporate performance…
- Jul 11
The relationship between working capital and credit risk
Credit risk is the likelihood that consumers who obtain credit or financial products may be unable to fulfill their payment obligations on the predetermined dates. It may have an impact on liquidity, new investment opportunities,…
- Jul 10
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