BLOGS

Harnessing machine learning models for loan approval prediction is on the cutting edge of lending technology. These models can learn...

Loan applications are often sent to multiple lenders simultaneously. The action is called loan stacking, and it can help address a legitimate need for quick funding, or to perpetrate a...

Community banks are unlike any other financial institution. They truly understand the individual needs of small businesses and the community...

Lenders face an uncertain financial market in a constantly changing global economy. To negotiate this dynamic milieu, lenders need to...

Banks and credit unions face economic uncertainty, evolving regulatory requirements, and technological disruptions in their credit operations. Credit risk assessment...

Auto loan delinquency rates have reached their highest levels since the 2008 recession, according to a report by S&P and...

In an account takeover, an individual or well-organized cartel obtains access to a consumer’s account, changes login credentials or personal data, then makes unauthorized transactions using that account. Unauthorized purchases,...

To enhance the borrower experience, lenders can use a variety of strategies. One strategy is to use technology to automate...

Nowadays, digital lending isn’t just an option, it’s a necessity for financial institutions trying to stand out. By providing convenience,...

Banking fraud is on the rise. In fact, 35% of banking customers recently surveyed by J.D. Power reported experiencing at...

Credit risk management is paramount for lenders as it directly impacts their financial stability and long-term success. It helps lenders...

Lenders face numerous credit risk management challenges. One big challenge is assessing borrowers’ creditworthiness accurately, which requires understanding their financial...