The ease of committing fraud using online resources has made banking fraud detection necessary for loan origination.
HOW THE BEST LENDERS SPOT STRAW BUYER RED FLAGS
What are the straw buyer red flags that lenders can use to identify fraud and prevent it from hurting portfolio performance? Any one or more of these characteristics are often the most obvious indicators of straw buyer fraud.
HOW DIGITAL LENDING IMPROVES THE CUSTOMER JOURNEY FOR BANKS
Bank services and processes have been largely digitized. These days, it’s not even necessary for a bank’s customers to visit …
UNDERSTANDING ELECTRIC VEHICLE LENDING MARKET SHARE FORECAST FOR LENDERS’ GROWTH POTENTIAL
The quickly growing market for sustainable personal transportation is also driving more electric vehicle lending. According to a report by …
HOW OUTSOURCING ACCOUNTS RECEIVABLE AND COLLECTIONS IS ADVANTAGEOUS FOR AUTO LENDERS
Unlike loan originations which has a relatively short start to finish cycle and uses automation extensively to bring consistency and …
WHEN CHOOSING A THIRD-PARTY BPO OR MANAGED SERVICING PROVIDER, LOOK FOR INDUSTRY EXPERIENCE
Business process outsourcing has been widely adopted across all industries, from the simple outsourcing of activities, such as accounts receivable, …
STREAMLINE AUTO LOAN SERVICING OPERATIONS WITH AN OUTSOURCED SOLUTION
Many auto lenders across the US have hit the wall while attempting to streamline their auto loan servicing operations. Certainly, …
AVOID BUSINESS PROCESS OUTSOURCING FAILURE WITH THESE PLANNING TIPS
A growing number of lenders, specifically those solely focused on auto lending, are considering business process outsourcing as a means …
WHY OUTSOURCING THE COLLECTIONS PROCESS MAKES SENSE FOR AUTO LENDERS
How efficiently are you managing collections? Unlike the lease or loan origination process which is comparably quick and predictable, the …
LEASE OR LOAN ORIGINATION: THE BASICS CAN BE EVEN EASIER WITH THE RIGHT SOFTWARE
Recent economic data indicates that we’re experiencing one of the fastest-growing economies since 1984. As a result, lenders are likely …
