Resources

Credit card issuance has been the main avenue for banks and credit unions to provide a portable, use-anywhere spending option for banking customers for nearly 100 years. Credit cards have become a mainstay for most Americans, with 79% of the population holding at least one major credit card and the average number of credit accounts…

As fintech companies continue to disrupt the banking landscape, the credit card lending industry is now seeing challenges from a new kind of credit decisioning model. Buy Now, Pay Later (BNPL), often known as Pay-in-4, allows merchants to bear the cost of financing a purchase, while their chosen BNPL provider assumes the risk. 

In today’s fluid environment, the need for organizations to transition away from manual processes and enable automated, instantaneous reporting has never been more important, to stay ahead.

Equifax, TransUnion, and Experian have been the industry cornerstones for lenders to access data in order to determine a borrower’s creditworthiness. Their standard credit attributes have woven their way into thousands of credit policies within financial services.  

Download GDS Link’s latest whitepaper to learn how advanced analytics is helping financial organizations prepare their processes for the future.

Types of Credit Risk In Banks With the online marketplace booming, consumers are becoming more demanding of instant answers or loan approvals. Banks may be struggling with delivering fast service and approvals while properly measuring risks. Risks should be properly to assign the right terms.  

Credit Union Risk Management Software As a financial institution, it is crucial that credit unions take advantage of risk management software. An effective risk management software can help a credit union grow its revenue while improving the premier customer experience most credit unions have cultivated and that their members have come to expect.  

GDS Link offers effective solutions to help companies increase revenue by automating and streamlining their recovery process.

Credit Risk & Management Platform Creating a credit decision platform is a highly complex process. There are two options when it comes to developing credit risk management policies and infrastructure: building your own platform or buying one. Each option has it’s pros and cons.

Download GDS Link’s latest whitepaper to explore how implementing bank transaction data can improve processes, reduce exposure, and create value.

Replay our discussion on the future of Consumer Lending with the VP of GDS Link’s UK Office

Download GDS Link’s latest whitepaper to gain insights on Consumer Lending trends in a post-pandemic market.