Credit Lending
When I worked as a junior analyst for one of the largest credit card issuers in the United States, the chief credit risk officer...
Inactive credit card accounts are defined as credit cards that were approved, opened and never used by account holders. They also include credit card...
With 2020 firmly behind us and multiple COVID-19 vaccines being dispersed across the globe, many of us are entering 2021 with a bit of, dare we...
Credit cards are the most widely available credit products offered to millions of consumers today. For many consumers, owning a credit card is a...
Recently, I shared articles about the problems surrounding third-party and first-party fraud. Now I’d like to explore a hybrid type – synthetic identity fraud...
2020 is finally over – been there, done that. And while it seems safe to say most everyone is all too eager to kick...
No two customers are the same. That’s why it’s important to go beyond the traditional credit score for a closer look at each consumer’s...
It’s clear that the digital transformation we experienced this year is here to stay. While there are many positives associated with this transformation –...
Financial services companies have long struggled to make inclusive decisions for small businesses and for low- and moderate-income consumers. One key reason: to make...
The shift created by the COVID-19 pandemic is still being realized. One thing that we know for sure is that North American consumers’ expectations...
In what has been an unprecedented year, marked by a global pandemic and a number of economic and personal challenges for both businesses and...
The CU Times recently reported on a nationwide synthetic identity fraud ring impacting several major credit unions and banks. Investigators for the Federal and...
As industry experts are still unsure when the economy will fully recover, re-entry into marketing preapproved credit offers seems like a far-off proposal. However,...
Big data is bringing changes to the way credit scores are reported and making it easier for lenders to find creditworthy consumers, and for...
Changing consumer behaviors caused by the COVID-19 pandemic have made it difficult for businesses to make good lending decisions. Maintaining a consistent lending portfolio...