ING CPRI has grown rapidly surpassing $10 billion lendings insured in 2020
ING launches Credit Insurance Application. Source:
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ING will launch the Credit Insurance Application (CIA) through its partnership with genesis, the Low Code Application Platform for financial markets.
CIA is a deal-flow and portfolio application that will transform the management of credit and political risk insurance (CPRI) worldwide.
ING’s London Innovation Lab has spearheaded the CIA to improve efficiency and promote digitization across the $300 billion global CPRI markets.
CIA also aims to increase connectivity and efficiency during the end to end credit insurance process.
Both cloud hosting and genesis’s Low Code Application Platform provides faster deployment, increased functionality, and control. It can be easily customized and connected to external market platforms.
We’ve reported that Deutsche Bank will allow Airwallex to provide virtual account collections and API-enabled FX services in Japan and Hong Kong, respectively.
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