Tag "risk management"

New Study Reveals the True Cost of Financial Crime Compliance

Digitalization has brought about tremendous opportunities for growth and innovation within the financial sector. However, this evolution has also led to a new era of financial crimes, new data released by LexisNexis Risk Solutions, a global data and analytics company

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How Data and Tech Can Mitigate Risks of Bank Failures Like SVB

The recent collapse of a major bank affiliated with financing tech companies, and the subsequent failures of two other American banks in under two months, has sent shockwaves through the global economy, with effects felt as far as Europe and

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The “Hen and Egg” Issue With all Online-Lending Startups in Asia

Online-lending service for students SoFi (Social Finance Inc.) is close to raising about $500 million in a funding round expected to be led by private equity firm SilverLake Partners to bolster the expansion of its online-lending businesses and personal financial

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How Big Data is Used to Better Understand Financial Risk

I should imagine you have read a lot about big data, even if you are not really sure what it is. The definition is simple, it’s a very large volume of data. The amount of data typically requires complex computational

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