The Finance Weekly

AUGUST 26, 2023

Risk of Credit/Default The risk associated with credit/default pertains to the probability of borrowers failing to meet their obligations of repaying the principal amount and the interest on their loans. AI's continuous real-time monitoring boosts business vigilance, alerting when certain limits are breached.

Risk Management 52

Risk Management Risk AI Liquidity Risk 52

PYMNTS

DECEMBER 5, 2018

John Legere released a statement when the news broke, offering customers access to free credit monitoring and identity resolution services, and emphasizing the company’s efforts to assist clients concerned about their privacy. Rather, a hack at its credit reporting vendor Experian led to the data breach.

Risk Mitigation 76

Risk Mitigation Security Data Breach FinTech 76

PYMNTS

JUNE 17, 2020

In financial fraud, the breaches come when bank standards are lax. That tactic — cutting corners and pennies — shows a glaring disconnect in risk management, according to Taylor. He said banks pay a lot of attention to financial risk, spanning liquidity risk, credit risk and overall exposure to different markets.

AML 75

AML Money Laundering Compliance Financial Crimes 75