2025 Data Breach Industry Forecast

Explore state-level and industry level data that banks, credit unions and fintechs can leverage to track the downturn and be correctly positioned for the recovery in this monthly report.

Even in an uncertain economy, lenders can drive sustainable growth by leveraging cashflow data.

Learn how cashflow data can help lenders:

• Expand market reach
• Uncover distinctive insights
• Improve predictive accuracy

The escalating trade war and rising economic uncertainty are causing businesses and lenders to adopt a cautious approach, potentially slowing investment and hiring. If this trend continues, the economy could face long-term risks, including reduced lending, weaker job growth, and increased vulnerability to unemployment spikes. Insights include:

• Business investment was already slowing before the trade war, and uncertainty is now at an all-time high.
• Banks may tighten lending further due to rising business delinquency and unrealized losses in securities portfolios.
• The labor market, while stable, is struggling with low hiring rates, making it harder to absorb job seekers.
• A prolonged decline in business investment could trigger higher unemployment if layoffs accelerate.

In today’s fast-paced hiring landscape, background screeners face increasing pressure to deliver faster, more accurate, and fully compliant verifications. With over 50% of employment verifications still requiring manual intervention, staying ahead requires innovative solutions.

Key takeaways:

• Key trends shaping the future of background screening
• The value of digitally- native instant, consumer-permissioned and research-based verifications streamlining manual workloads.
• How advancements in Generative AI are transforming traditional research verifications and reducing dependence on call centers.

Watch this on-demand webinar featuring Experian experts Joy Mina and Troy Hupp as they explore how AI-enhanced, instant, and consumer-permissioned solutions are transforming background screening.