Posts Tagged: open finance
4 Tips to Improve your Credit Score
If you want to request financing for your business and get the best possible credit report, there are a few things you should do to increase your chances of getting it. According to INEGI data…
- Oct 25
What is financial health and why is it important?
Regardless of their size or industry, all businesses place a high priority on their financial health. The health of a company’s finances is crucial to its future, just like the strength of its business plan,…
- Oct 12
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
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
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
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
What is a credit report and how is it built?
The credit report is a very useful tool for financial institutions, as they rely on it to have a broad profile of those who come to them to apply for a loan. It helps them…
- Jul 03
How to obtain the financial information of your borrowers?
In order for a loan to be granted to a company that requires one, the granting firm must first obtain its financial information, as this allows the risks to be evaluated and the terms under…
- Jun 08