Blog
Our frequent blog posts cover all things decisioning: credit risk management systems, credit risk consulting and training, advanced analytics and predictive modelling.
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Understanding Islamic Finance
Understanding Islamic Finance Introduction Have you ever wondered why some banks offer 'Islamic banking’ or ‘Sharia-compliant’ financial products? Or perhaps you've heard the term "usury" but aren't quite sure what it means? Let's dive into the fascinating world of different credit systems and understand how they work in our modern financial landscape. The Differences Between [...]
Understanding and Preventing Operational Negation
Understanding and Preventing Operational Negation Introduction Operational negation is a critical yet often overlooked phenomenon in consumer credit risk management. It occurs when well-designed risk controls and strategies are undermined or rendered ineffective by operational practices, human behaviour, or system limitations. This disconnect between intended risk management strategies and their actual implementation can lead to [...]
Leveraging AI for Originations Credit Strategies, Part 2
Leveraging AI for Originations Credit Strategies, Part 2 Introduction In the last article, we looked at AI tools that can be leveraged to assist in credit originations strategy design. In this follow up article, we will look at the pros and cons of employing such tools in your credit analytics environment. Pros and Cons Using [...]
Leveraging AI for Originations Credit Strategies, Part 1
Leveraging AI for Originations Credit Strategies, Part 1 Introduction The financial services landscape is undergoing a profound transformation, with Artificial Intelligence emerging as a pivotal force in reshaping credit granting strategies. Gone are the days of rigid, one-size-fits-all credit assessment methods. Today, financial institutions are embracing AI-powered tools that promise to revolutionise how we understand, [...]
The Dual Benefits of Financial Inclusion
The Dual Benefits of Financial Inclusion For Consumers and Lenders via Digital Transformation In the previous article, we discussed what financial inclusion is, the barriers preventing financial inclusion, the role of technology as a catalyst for change, and the regulatory landscape governing financial inclusion. In this article, we move onto the benefits of financial inclusion, [...]
Understanding Financial Inclusion
Understanding Financial Inclusion Breaking Down Barriers to Economic Participation Financial inclusion represents one of the most significant challenges and opportunities in modern economics. At its core, financial inclusion refers to the availability and equality of opportunities to access financial services for all segments of society. While this concept might seem straightforward, its implications and scope [...]
Open Banking, Part 2: Credit Risk Implications and Strategies
Open Banking, Part 2: Credit Risk Implications and Strategies Introduction As Open Banking continues to reshape the financial landscape, credit risk managers find themselves at the forefront of a data revolution. This new capability offers both opportunities and challenges for financial institutions. In this article, following on from Part 1, we continue by exploring the [...]
Open Banking, Part 1: A Revolution in Financial Services
Open Banking, Part 1: A Revolution in Financial Services In recent years, a quiet revolution has been sweeping through the financial world, promising to change the way we interact with our banks and manage our money. This revolution is called Open Banking, and it has the potential to transform the financial landscape for consumers and [...]
How to Prepare for a Decision Engine Implementation
How to Prepare for a Decision Engine Implementation Introduction In previous articles we examined the topics of best practice decision engine implementation and implementation project considerations. In this article we will review what preparation a lender should undertake prior to commencing a decision engine implementation project. Implementing a credit decision engine involves navigating through various [...]
How to Use a Credit Decision Engine Effectively
How to Use a Credit Decision Engine Effectively Introduction In this article we will explore how to effectively use a credit decision engine in the originations arena. Using a Credit Decision Engine (CDE) effectively involves more than just deploying the technology; it requires strategic alignment with business goals, data quality, compliance with regulations, and constant [...]
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Latest Blogs
Understanding Islamic Finance
Understanding Islamic Finance Introduction Have you ever wondered why some [...]
Understanding and Preventing Operational Negation
Understanding and Preventing Operational Negation Introduction Operational negation is a [...]
Leveraging AI for Originations Credit Strategies, Part 2
Leveraging AI for Originations Credit Strategies, Part 2 Introduction In [...]
Leveraging AI for Originations Credit Strategies, Part 1
Leveraging AI for Originations Credit Strategies, Part 1 Introduction The [...]