Written by Bazel McDanielJune 16, 2024
How Technology Enhances Credit Risk Management in Microfinance Institutions
Technology & Credit Risk Article
Credit risk contagion within supply chains arises when financial distress in one firm cascades through interconnected businesses, causing widespread liquidity issues and increased credit risk. Trade credit insurance plays a crucial role in managing these risks by protecting against non-payment and stabilizing cash flow. The COVID-19 pandemic has further transformed trade finance, highlighting vulnerabilities and