Blog / News
Key Financial Indicators to Analyze in Your Company
Financial indicators are a set of values that relate to a company’s income and expenses, final result, and economic position. These figures reveal the true state of the company, allowing strategic decisions to be made….
- Sep 08
Step by step: The credit granting process
Credit granting is the process by which a client receives a loan and a certain amount of money is credited to his bank account. To successfully carry out this process, financial institutions must maintain data and…
- Sep 08
Credit Score and Credit History: Are They the Same?
Credit score and history are key concepts that appear when people or businesses seek financing and are evaluated by the financial institution, so it is critical that both concepts are thoroughly understood. That is why,…
- Sep 04
CRiskCo and Mendel: Tech Solutions for the Financial Sector
Having technological solutions that optimize financial sector operations contributes to fiscal certainty by making processes more transparent, and it can significantly reduce the risks of fraud or nonpayment during the underwriting process. Given the importance…
- Aug 18
CRiskCo Credit Score, New Members of our Community, & more!
Newsletter August 2022 The CRiskCo Credit Score is now available! CRiskCo’s “FinScore” is a credit scoring system that uses a proprietary algorithm to track and evaluate a company’s financial performance, resulting in a score. The score is calculated…
- Aug 18
The importance of cybersecurity in the financial industry
The financial environment, thanks to fintech, is driving service digitization with increasing force. Given the consequences of a data or system breach, cybersecurity is one of the sector’s primary concerns. In accordance with the foregoing,…
- Aug 09
What are the benefits of financial data in business?
Analyzing financial data is critical for businesses to detect specific details in their structure in economic terms and avoid scenarios of complexity in managing their finances. Understanding this data is also important for credit institutions…
- Aug 07
How is big data related to the financial sector?
Data processing in the financial sector has been simplified today, especially thanks to the handling of big data. Taking advantage of available technologies has become critical at a time when it is necessary to personalize…
- Aug 07
Is it possible to reduce credit risk?
To obtain a loan, financial institutions must assess the applicant’s credit risk so that they can be confident that their resources are in good hands and will be returned on time. But what exactly is…
- Aug 04
Open Accounting: What You Need to Know
Open accounting, by integrating the accounting system of companies under a single platform, is an opportunity for financial entities to have a source of current and reliable data when it comes to delivering loans to…
- Aug 04