Credit Lending
As a community bank or credit union, your goal is to provide personalized care and attention to your customers and members while effectively managing...
This article was updated on February 13, 2024. Traditional credit data has long been a reliable source for measuring consumers’ creditworthiness. While that’s not...
This article was updated on February 12, 2024. The Buy Now, Pay Later (BNPL) space has grown massively over the last few years. But...
This article was updated on February 6, 2024. Lenders looking to gain a competitive edge need to improve their credit underwriting process in the...
This article was updated on January 30, 2024. Income verification is a critical step in determining a consumer’s ability to pay. The challenge is...
This article was updated on January 23, 2024. Sometimes you have to break from tradition and look to modern solutions to address modern problems....
In today’s highly competitive landscape, credit card issuers face the challenge of optimizing portfolio profitability while also effectively managing their overall risk. Financial institutions...
While today’s consumers expect a smooth, frictionless digital experience, many financial institutions still rely on outdated technology and manual reviews to acquire new customers....
Today’s lenders use expanded data sources and advanced analytics to predict credit risk more accurately and optimize their lending and operations. The result may be...
If you’re a manager at a business that lends to consumers or otherwise extends credit, you certainly are aware that 10-15% of your current...
With great risk comes great reward, as the saying goes. But when it comes to business, there’s huge value in reducing and managing that...
This article was updated on October 31, 2023 In a series of articles, we talk about understanding the different types of fraud and how...
Model governance is growing increasingly important as more companies implement machine learning model deployment and AI analytics solutions into their decision-making processes. Models are...
From science fiction-worthy image generators to automated underwriting, artificial intelligence (AI), big data sets and advances in computing power are transforming how we play...
This article was updated on September 8, 2023. Prescreen, prequalification and preapproval. The terms sound similar, but lenders beware. These credit solutions are quite...