Lenders face numerous credit risk management challenges. One big challenge is assessing borrowers’ creditworthiness accurately, which requires understanding their financial…
BANKING FRAUD DETECTION & PREVENTION: TIPS FOR LENDERS
The ease of committing fraud using online resources has made banking fraud detection necessary for loan origination.
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…
HOW MANAGED SERVICING BPO EASES THE COLLECTION PROCESS FOR AUTO LENDERS
Approximately 90% of new retail auto sales are financed via a lease or loan, and at the moment, Americans owe…
SELECTING AN AUTO LOAN ORIGINATION SYSTEM: WHAT BANKS SHOULD LOOK FOR
Modern auto loan origination software is making it easier than ever for banks to respond to loan applications rapidly and…
AUTO DEALER LOAN FRAUD PREVENTION STARTS WITH AN LOS UPDATE
Fraud has many faces. Auto dealer loan fraud isn’t as frequent as income, employment, or identity fraud by individuals and…
