THOUGHT LEADERSHIP

Down Payment Fraud Detection Key Points: 1) Loan fraud is on the rise with false identities as a leading scheme 2) Substantial down payments help disguise a fraudulent loan application...

Business process automation (BPA) replaces inconsistently-executed manual activities with consistently-executed workflows and decisions. The result for financial services providers: Lower processing costs. Banks evaluating business process automation companies should look...

According to the American Bankers Association, only half of large banks and 38% of small banks currently use an online or digital loan origination channel. Commercial lending software makes it...

Big data has transformed businesses in every industry. Banks now use data acquired from nearly every step of the loan origination process. The reward: Detailed insight that can be applied...

Mentioned in the context of a technology discussion, disruption invariably means innovation. The world of finance is undergoing disruption, and as financial services organizations evaluate and adopt the latest fintech...

For many lenders, credit risk management depends on years of experience. Their credit risk expertise is a mix of shrewd loan portfolio analysis and an innate intuition about borrower risk....

Advancements in fintech are transforming loan origination into an increasingly-automated process. Loan applications are now often turned into booked loans with little to no intervention from an underwriter. Underlying this...

Automation is continually improving auto lending process efficiency, along with the quality and consistency of lending decisions. Replacing manual, mundane tasks and decisions with workflows and rules accelerates loan origination...

J.D. Power’s 2018 U.S. Consumer Financing Satisfaction Study, cited in Automotive News, highlighted the value and benefit of easy-to-use mobile apps. The review, ratings, and awards organization said that mobile...

You need to keep your information secure and we’ve got you covered. Here are some recommendations offered up by our...

The major credit bureaus now provide lenders with trended credit data reports to complement traditional credit scores. This gives lenders greater confidence when evaluating risk....

  You can draw immediate conclusions from a credit score, especially scores at extreme ends of the credit scoring range....