BNP Paribas selected Riskfactor, a risk management software solution from Lenvi, a provider of commercial lending software for the factoring and receivables finance market, to support its European risk management and operations functions.
Lendscape, a technology provider for secured finance, and Lenvi Riskfactor, a provider of risk and fraud analytics for commercial finance, teamed up to offer enhanced digital risk management for finance providers across its entire lending operation.
Fintech Lenvi launched, bringing together EQ Credit Services, EQ RiskFactor and EQ KYC Solutions into a single entity under a new leadership team, with ambitions to deliver more powerful, relevant and responsible lending solutions for customers.
Bibby Financial Services is restructuring its global executive team. The International Division of BFS will cease to operate, and its executive director, Steve Box, will leave the business.