Succeeding in today's consumer lending industry entails building an infrastructure designed to support digital products and services. CMOs and CFOs must collaborate with their technically minded colleagues to determine how the latest technologies can enable new services.
Full ArticleAmericans with thin-file and no-file credit reports represent a huge business opportunity for lenders. According to the Consumer Financial Protection Bureau, approximately 26 million people in the U.S. are "credit invisible," meaning they don't have reports with any of the big three credit bureaus.
Full ArticleFor lenders, millennials present both an opportunity and challenge. The opportunity lies in the generation's growing buying power. The challenge involves identifying Generation Y-ers who are financially responsible. How do you assess
Full ArticleACHeck21 now offers advanced data-driven verification capabilities to combat fraud, mitigate risk and reduce costly returns ACHeck21® is pleased to announce the integration of MicroBilt’s Risk Verification Database Plus (rVd+) to
Full ArticleWhile a sturdy job market is giving a sense of security and optimism to American employees, it is not the sole reason for the increase in borrowing. The stagnation in wages; fall in gas prices and the considerable increase in home equity loans,
Full ArticleAs recently as fifteen years ago banks and other financial companies had very little reason to designate a manager, let alone a whole department to regulatory compliance. To prepare for our event on August 25th in San Francisco we are exploring
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