Latest news with #Banking
Globe and Mail
an hour ago
- Business
- Globe and Mail
Credit Risk Assessment Market Global Rising Demand & Huge Scope Till 2032
Market Size and Overview Market Size and Overview- The Global Credit Risk Assessment Market size is estimated to be valued at USD 9.52 Bn in 2025 (market size) and is expected to reach USD 23.97 Bn by 2032 (market forecast), exhibiting a compound annual growth rate (CAGR) of 14.1% from 2025 to 2032. This forecast underscores strong adoption across banking, insurance and corporate finance sectors, supported by evolving market dynamics and rising demand for predictive credit scoring. Industry Overview The credit evaluation domain is witnessing accelerated digitization as financial institutions and fintechs deploy advanced analytics and AI-driven models for real-time decision-making. Robust risk governance frameworks and regulatory mandates are driving demand for end-to-end credit risk assessment platforms. Our proprietary market research and market insights reveal a dynamic landscape where legacy systems are being replaced by cloud-native architectures, setting the stage for significant business growth. Request Sample Pages: Key Takeaways Region • North America: Early adopters of AI-powered scoring engines, driven by stringent regulatory environments. • Latin America: Growth fueled by microfinance expansions in Brazil and Mexico. • Europe: GDPR-compliant risk solutions prompting upgrades in Western Europe. • Asia Pacific: Rapid digitization in India and Southeast Asia accelerating demand. • Middle East: Infrastructure financing units in UAE and Saudi Arabia integrating advanced analytics. • Africa: Emerging markets leveraging mobile-driven credit models for unbanked populations. Segment Covers • Component: – Solutions (Credit Scoring, Portfolio Management, Fraud Detection): Example use case—real-time score recalibration in major lenders. – Services (Consulting, Integration, Support): Example use case—end-to-end deployment with 24/7 support for regional banks. • Deployment: – Cloud: Scalable scoring platforms launched by global fintechs. – On-Premise: Mission-critical systems preferred by tier-1 banks for data sovereignty. • End-User Industry: – Banking & Finance: 45% of deals in 2024 for retail and corporate credit risk. – Telecom & Retail: Use cases include postpaid billing risk and supplier credit profiling. Growth Factors • Rising Non-Performing Loans (NPLs): NPL ratios climbed to 4.8% in global banking portfolios in 2024, spurring demand for automated risk monitoring (market drivers). • AI/ML Integration: Adoption of machine learning algorithms grew 28% year-on-year in 2024, enhancing predictive accuracy (industry size). • Regulatory Pressure: Basel III and IFRS 9 compliance programs accounted for 35% of new license revenues (Credit Risk Assessment Market revenue). Market Trends • Real-Time Risk Monitoring: Over 60% of new deployments in 2025 offer continuous score updates (Credit Risk Assessment Market share). • Open Banking APIs: Data sharing initiatives led to a 22% rise in third-party risk data utilization (market trends). • Explainable AI: Transparency requirements driving investment in model interpretability frameworks, with 18% more R&D projects in 2024 (industry trends). Actionable Insights Supply-Side Indicators • New Solution Releases: Grew from 150 in 2024 to 210 in 2025, boosting overall production capacity by 40%. • Average License Pricing: Increased by 8% in 2024 as vendors bundled AI modules (market scope). • Export Penetration: APAC exports accounted for 30% of total software shipments in 2024. Demand-Side Indicators • Imports: Financial institutions in Latin America imported 45% of their risk platforms in 2024. • Use Cases Across Industries: BFSI accounted for 50% of new subscriptions, telecom 15%, retail 10%. • Nano-Indicators: Average daily risk checks per client rose from 2.1 million to 3.4 million in 2024 (market dynamics). Key Players • Experian • Equifax • TransUnion • FICO • Moody's Analytics • Oracle • IBM • SAP • SAS Institute • Fiserv • Pegasystems • Genpact • ACL • Kroll • PRMIA • Riskonnect • RiskSpotter • Riskdata • BRASS • Misys Competitive Strategies • Experian's 2024 acquisition of an AI-analytics startup drove a 15% uptick in Credit Risk Assessment Market report revenues. • FICO launched a cloud-native scoring service in Q3 2024, boosting its market share by 5% in North America. • Oracle partnered with leading regional banks in Asia Pacific for embedded risk modules, resulting in a 20% increase in subscription renewals. Buy this Complete Business Research Report: FAQs 1. Who are the dominant players in the Credit Risk Assessment Market? Dominant players include Experian, Equifax, FICO, Moody's Analytics and Oracle, each leading with unique AI-driven scoring and compliance solutions. 2. What will be the size of the Credit Risk Assessment Market in the coming years? The Credit Risk Assessment Market size is projected to grow from USD 9.52 Bn in 2025 to USD 23.97 Bn by 2032 at a CAGR of 14.1%. 3. Which end-user industry has the largest growth opportunity? Banking & Finance leads with over 45% of new deployments in 2024, but telecom and retail segments are expanding at 12–15% annually. 4. How will market development trends evolve over the next five years? Expect real-time risk monitoring, explainable AI, and open banking integrations to dominate, driving faster implementation cycles and modular pricing models. 5. What is the nature of the competitive landscape and challenges in the Credit Risk Assessment Market? Competition centers on AI accuracy, regulatory compliance and cloud versus on-premise offerings; challenges include data privacy and model interpretability. 6. What go-to-market strategies are commonly adopted in the Credit Risk Assessment Market? Partnerships with regional banks, cloud bundling with ERP suites, acquisition of analytics startups, and outcome-based pricing models are widely used growth strategies. About Us: Coherent Market Insights leads into data and analytics, audience measurement, consumer behaviors, and market trend analysis. From shorter dispatch to in-depth insights, CMI has exceled in offering research, analytics, and consumer-focused shifts for nearly a decade. With cutting-edge syndicated tools and custom-made research services, we empower businesses to move in the direction of growth. We are multifunctional in our work scope and have 450+ seasoned consultants, analysts, and researchers across 26+ industries spread out in 32+ countries.
Yahoo
6 hours ago
- Business
- Yahoo
TH Global Capital Named 'Boutique Investment Banking Firm of the Year' for the Third Year Running at the 16th Annual International M&A Awards
LONDON, June 20, 2025--(BUSINESS WIRE)--TH Global Capital, a global boutique investment banking firm with operations across 13 countries in the Americas, Europe, and Asia-Pacific, with a track record of closing transactions in 29 countries, has won four prestigious awards at the 16th Annual International M&A Awards, including 'Boutique Investment Banking Firm of the Year' for the third consecutive year. TH Global Capital's awards include: Boutique Investment Banking Firm of the Year 2025 Corporate/Strategic Deal of the Year ($50MM-$100MM): For advising Cloobees, a Global Salesforce Summit Partner in Poland, on its strategic sale to New York headquartered Synechron. Regional Deal of the Year – Asia: For advising Brainvire, a leading global Digital Commerce and Digital Marketing agency in Asia, on its merger with Said Differently, a Falfurrias portfolio company in the US. M&A Deal of the Year ($50MM–$100MM): For advising Chamonix IT and Exposé, leading Australian companies in Digital Engineering and AI & Data Science respectively, on their strategic sale to Synechron. Presented by the M&A Advisor, the world's premier leadership organization for M&A, restructuring, and corporate finance professionals, these awards recognize TH Global Capital's 24-year track record, global reach, and deep cross-cultural expertise in successfully closing transactions across 29 countries. "True excellence in dealmaking is defined by clarity of vision, bold leadership, and the ability to create lasting impact," said Roger Aguinaldo, Founder & CEO of The M&A Advisor. "As the recipient of the Boutique Investment Banking Firm of the Year award, TH Global Capital exemplifies these qualities. We proudly celebrate TH Global Capital for their exceptional results, surpassing peers, and setting a new standard for success in today's dynamic and competitive marketplace. Vivek Subramanyam, Founder and CEO of TH Global Capital, said: "It's a tremendous honor to win the 'Boutique Investment Banking Firm of the Year' for the third year in a row. This recognition is a testament to our relentless commitment to excellence and client success over the past 24 years. It reflects not only our team's dedication but also our ability to consistently deliver superior results in an increasingly competitive global market." The 16th Annual International M&A Awards will be presented at a prestigious Black-tie Gala during the 2025 Leadership in Dealmaking Summit, on September 16th in New York. View source version on Contacts Kate Gearykate@ Sign in to access your portfolio
Yahoo
7 hours ago
- Business
- Yahoo
TH Global Capital Named 'Boutique Investment Banking Firm of the Year' for the Third Year Running at the 16th Annual International M&A Awards
LONDON, June 20, 2025--(BUSINESS WIRE)--TH Global Capital, a global boutique investment banking firm with operations across 13 countries in the Americas, Europe, and Asia-Pacific, with a track record of closing transactions in 29 countries, has won four prestigious awards at the 16th Annual International M&A Awards, including 'Boutique Investment Banking Firm of the Year' for the third consecutive year. TH Global Capital's awards include: Boutique Investment Banking Firm of the Year 2025 Corporate/Strategic Deal of the Year ($50MM-$100MM): For advising Cloobees, a Global Salesforce Summit Partner in Poland, on its strategic sale to New York headquartered Synechron. Regional Deal of the Year – Asia: For advising Brainvire, a leading global Digital Commerce and Digital Marketing agency in Asia, on its merger with Said Differently, a Falfurrias portfolio company in the US. M&A Deal of the Year ($50MM–$100MM): For advising Chamonix IT and Exposé, leading Australian companies in Digital Engineering and AI & Data Science respectively, on their strategic sale to Synechron. Presented by the M&A Advisor, the world's premier leadership organization for M&A, restructuring, and corporate finance professionals, these awards recognize TH Global Capital's 24-year track record, global reach, and deep cross-cultural expertise in successfully closing transactions across 29 countries. "True excellence in dealmaking is defined by clarity of vision, bold leadership, and the ability to create lasting impact," said Roger Aguinaldo, Founder & CEO of The M&A Advisor. "As the recipient of the Boutique Investment Banking Firm of the Year award, TH Global Capital exemplifies these qualities. We proudly celebrate TH Global Capital for their exceptional results, surpassing peers, and setting a new standard for success in today's dynamic and competitive marketplace. Vivek Subramanyam, Founder and CEO of TH Global Capital, said: "It's a tremendous honor to win the 'Boutique Investment Banking Firm of the Year' for the third year in a row. This recognition is a testament to our relentless commitment to excellence and client success over the past 24 years. It reflects not only our team's dedication but also our ability to consistently deliver superior results in an increasingly competitive global market." The 16th Annual International M&A Awards will be presented at a prestigious Black-tie Gala during the 2025 Leadership in Dealmaking Summit, on September 16th in New York. View source version on Contacts Kate Gearykate@ Sign in to access your portfolio
Time of India
13 hours ago
- Business
- Time of India
NPCI introduces real time PAN-Bank Account linking on income tax website; taxpayers may get faster income tax refunds
NPCI has launched a new PAN and Bank Account Validation API for government departments, enabling real-time verification of taxpayer details directly from banks' Core Banking Systems. This initiative aims to streamline income tax refunds and direct benefit transfers by ensuring faster, error-free processing and reducing fraud risks. Banks are advised to prioritize implementation for the Government of India. Tired of too many ads? Remove Ads What NPCI circular said on PAN-Bank Account linking? Tired of too many ads? Remove Ads How will the new facility help in faster income tax refunds? The National Payments Corporation of India (NPCI) has launched a new facility regarding PAN and Bank Account validation on the income tax e-filing website. The new facility will help taxpayers in quick validation on their PAN-Bank account linking on the income tax e-filing website. 'The main goal of this is simplifying real-time verification of PAN details, bank account status, and account holder identities straight from banks' Core Banking Systems (CBS),' the NPCI circular stated. The new facility was announced in a circular dated June 17, a continuation of that initiative, NPCI has now introduced a new PAN and Bank Account Validation API designed specifically for Government departments. This API will facilitate real-time verification of PAN details, Bank account status and accountholder name directly from the bank's Core Banking System (CBS).Utkarsh Bhatnagar, Partner, Cyril Amarchand Mangaldas, says, 'This will enable quicker and real time validation of PAN and bank account details of taxpayers accessing the Income Tax website.'According to the NPCI circular on June 17, 2025, "This API will be used by Government departments to verify the customer account details like PAN validation/Account Status Validation/Account holder name validation from their bank CBS. As this is a service provided to the Government of India all the Member Banks are advised to take necessary steps for implementation on priority."Bhatnagar says, 'The new facility will enable faster and error-free processing of income tax refunds and direct benefit transfers by instantly verifying details, slashing delays and reducing fraud risks.'Banks will have to upgrade their systems to comply with NPCI's secure API standards, which could involve significant operational changes. While taxpayers will benefit from faster, error-free refund processing, the transition may pose challenges like system upgrades and potential cybersecurity initiative aligns with NPCI's broader mission to strengthen India's digital payment ecosystem , promising greater efficiency but requiring robust collaboration among stakeholders.
Yahoo
16 hours ago
- Business
- Yahoo
Big four bank announces fresh blow to savers
NAB has become the latest bank to move on interest rates, cutting the rate of one of its more popular savings accounts. NAB has announced its Reward Savers account has fallen by 0.05 per cent for a new maximum rate of 4.35 per cent, in the second cut in less than a month. It follows a 25 basis points rate reduction on May 23 in line with the Reserve Bank of Australia's official interest rate reductions. Account holders with NAB's Reward Savers will now get a 30 basis point reduction on their money held in the account. Canstar data insights director Sally Tindall described it as a small blow for savers who are already watching their returns slip away. 'It shows that banks don't need a cash rate change to move the goalposts for customers. It's a small move but a disappointing one nevertheless,' she said. According to Canstar, NAB is not the only bank moving on rates, with Australians now having just six banks offering at least one ongoing savings rate above 5 per cent including some young adult accounts and excluding those for children. 'While the average savings rate on our database is an uninspiring 3.07 per cent, there are six banks still offering an ongoing savings rate of 5 per cent or more,' Ms Tindall said. While each of the savings accounts comes with terms and conditions, including deposits and transactions, BOQ Future Super, BCU Bank Boss, P & N Bank Savvy Savers, MOVE Bank Growth Saver and ING Savings Maximiser all still offer rates above 5 per cent. Westpac Life Spend and Save also offers younger Aussies a 5 per cent savings rate, but comes with the major caveat of being for those aged 18 to 29. Ms Tindall warned if the Reserve Bank cuts the cash rate again in July, which the bond market says has an 83 per cent chance of happening, the days of a 5 per cent savings rate could be behind us. 'If the RBA wields its knife again in July or August, savings rates starting with a 5 won't last beyond winter,' she said. 'Term deposit rates are, unsurprisingly, falling faster than at-call savings rates, as banks continue to bake in further cash rate cuts into the fixed rate term. 'If you're someone who likes the certainty and security a term deposit can bring, time is of the essence as these rates are likely to keep on falling in the weeks ahead.'
