Growth through a seamless digital prequalification experience

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.

Experian's State of Credit Unions Report explores data-driven credit trends in the credit union space, with a particular focus on auto loans, unsecured personal loans and unsecured credit cards.

Take a deep dive into:

• Trends in originations and delinquencies among credit union members
• How credit unions fare against other financial institutions
• Strategies to attract new members and mitigate portfolio risk

Overwhelmed by evolving fraud attacks and a heavy reliance on manual reviews, a leading credit union turned to NeuroID’s behavioral analytics to spot advanced fraudsters and stop attacks in real time.

Key Results:

• Improved top-of-funnel fraud detection, reducing fraud losses, false positives, and unnecessary step-ups
• Decreased manual review workload, freeing up over 40 hours a month for customer service and growth initiatives
• Real-time detection of attacks, providing improved protection and confidence in fraud mitigation capabilities

Credit card limit management is crucial to the success and profitability of your portfolio. To improve customer satisfaction, retention and engagement, you'll want to gain deep insights to identify which of your customers qualify for higher limits and by how much. This can help you organization increase revenue and limit additional credit risk exposure.

Learn more about how credit card limit optimization can help you:

• Manage default risk 
• Improve consumer loyalty 
• Ensure regulatory compliance 

By implementing a proactive credit card limit management strategy, you can meet your customers’ credit needs while confidently mitigating risk.