IT Brief Asia - Technology news for CIOs & IT decision-makers
Asia

Credit risk Stories

Asian Stories

Credit risk stories

Global Stories

Credit risk stories

Rezolv raises USD $12.5 million to expand AI tools
Software-as-a-Service

Rezolv raises USD $12.5 million to expand AI tools

The funding will help the Mumbai-based lender software maker push AI across collections and lending workflows for banks and NBFCs.

By Joseph Gabriel Lagonsin • 4 min read • Last week
Colter Bay backs Vertical Aviation with AUD $115m loan
Oil and Gas

Colter Bay backs Vertical Aviation with AUD $115m loan

Fresh capital will help Vertical Aviation refinance bank debt and fund aircraft buys as private credit gains ground in Australian lending.

By Mark Tarre • 4 min read • This month
Lenvi expands standby servicing team on rising demand
Disaster Recovery

Lenvi expands standby servicing team on rising demand

The enlarged team is meant to reassure lenders and investors as standby servicing becomes a bigger part of risk planning for loan portfolios.

By Sofiah Nichole Salivio • 3 min read • This month
ABBYY document forensics tackles AI-generated fraud for fintechs
Digital Transformation

ABBYY document forensics tackles AI-generated fraud for fintechs

Fintech lenders and banks face rising losses as AI-generated statements and identity files slip into automated onboarding before manual checks.

By Mark Tarre • 4 min read • This month

Stories from Other Regions

Credit risk stories

Nexo launches crypto-backed credit lines in Australia
Fintech

Nexo launches crypto-backed credit lines in Australia

Eligible Australians can now borrow against cryptocurrency without selling it, as the product sits under the country's consumer credit rules.

By Karen Joy Bacudo • 4 min read • Last week
One in eight Australian cafés shut as pressures mount
Small Business

One in eight Australian cafés shut as pressures mount

Higher costs and weaker consumer spending have pushed Australia's hospitality sector into its worst strain in years, with arrears at record highs.

By Mark Tarre • 4 min read • Last week
Bank of America buys stake in Jio Credit for India push
Fintech

Bank of America buys stake in Jio Credit for India push

The US lender's move gives it a bigger foothold in India's fast-growing non-bank finance market as Jio Credit seeks fresh capital.

By Karen Joy Bacudo • 4 min read • Last week
AI is the new battleground in mortgage fraud detection
Data Analytics

AI is the new battleground in mortgage fraud detection

AI-made fake payslips and deepfakes are exposing lenders that still rely on fragmented mortgage checks, experts warn.

By Alex Stoney • 5 min read • Last week
Creditspring gains FCA broking approval to widen lending
Risk & Compliance

Creditspring gains FCA broking approval to widen lending

The approval lets the lender refer unsuitable applicants to selected rivals, widening access to borrowing and sharpening its focus on affordability.

By Karen Joy Bacudo • 4 min read • This month
Edge partners Socure on early lender fraud screening
Fintech

Edge partners Socure on early lender fraud screening

Lenders can now spot synthetic fraud earlier, with combined identity and cashflow checks available in milliseconds before bank authentication.

By Karen Joy Bacudo • 4 min read • This month
Why smarter payments data is becoming the iGaming CFO's best friend
Gaming

Why smarter payments data is becoming the iGaming CFO's best friend

Real-time financial data could help operators curb churn, sharpen affordability checks and lift margins as acquisition costs climb.

By Chris Lowe • 4 min read • This month
LXMQ picks Privaclave AI to secure credit-card platform
Data Protection

LXMQ picks Privaclave AI to secure credit-card platform

Sensitive credit-card data will be protected in LXMQ's platform as the fintech tests Privaclave AI before a wider consumer launch.

By Karen Joy Bacudo • 4 min read • This month
New Zealand lenders adopt AI amid data readiness gap
Data Protection

New Zealand lenders adopt AI amid data readiness gap

Most lenders still lack the data quality and governance needed to trust AI, even as 76% use it for credit and fraud decisions.

By Sean Mitchell • 4 min read • This month
Australian lenders adopt AI faster than data readiness
Digital Transformation

Australian lenders adopt AI faster than data readiness

Most Australian lenders are using agentic AI in underwriting, but just 3% say their data is fully ready for AI-driven decisions.

By Sean Mitchell • 4 min read • This month
PGI Canada launches personal guarantee cover for loans
Fintech

PGI Canada launches personal guarantee cover for loans

Canadian business owners now have a new way to cap personal losses when lenders enforce personal guarantees on commercial loans.

By Karen Joy Bacudo • 4 min read • This month
Australia agribusiness lenders urged to rethink rural risk
Fintech

Australia agribusiness lenders urged to rethink rural risk

Rising farm debt and climate exposure are forcing lenders to use parcel-level evidence, as agribusiness credit swells to AUD $140.3 billion.

By Karen Joy Bacudo • 4 min read • This month
VIVA triples loan originations after LoanPro migration
Software-as-a-Service

VIVA triples loan originations after LoanPro migration

The lender says cleaner data and more automation cut manual work, helping it scale without hiring servicing staff at the same pace.

By Karen Joy Bacudo • 4 min read • This month