Resources

Credit Risk & Rules Engine Software Today’s risk management personnel are challenged to remain abreast of the dynamics and changes taking place in their respective industries, continually needing to design, develop and deploy new risk management strategies to meet growth objectives while mitigating risk and remaining compliant.

In a competitive industry, the ability to make swift and precise decisions sets leaders apart from followers. Given today’s ever-evolving market demands, traditional approaches to risk management and credit origination are no longer practical.  Sella Personal Credit, a frontrunner in Italy’s personal finance sector, sought to redefine their approach to credit risk management. Their choice?…

Exploring the Future of Finance: Credit Union Software Trends in 2024  As we venture deeper into 2024, credit union software faces a transformative period characterized by rapid technological advancements and shifting demographic expectations. The crux of this transformation lies in the ability of credit union software to adapt to digital-first, Gen Z banking preferences and…

[DALLAS, TEXAS / LEEDS, UK] – 7 December 2023 – GDS Link, a global leader in credit risk management solutions, is proud to announce the successful implementation of its advanced, multi-bureau solution at Shawbrook, a prominent specialist bank in the United Kingdom.

Shielding Your Finances: The Crucial Role of Adaptive Technology in Guarding Against Scams Fraud prevention is a critical component for lenders looking to mitigate risk and protect their businesses and borrowers. With the rise of digital lending, fraudsters have evolved and are using increasingly sophisticated methods to carry out their schemes.

Empowering Credit Unions for Deposit Growth and Member Success with Innovative Strategies and Risk Decisioning Solutions In today’s uncertain economic climate, credit unions need to employ various strategies to maintain and increase their deposit base. These financial institutions are not only competing with other credit unions but also with traditional banks and online financial institutions.…

Taking a Deeper Dive into the Future of Data, Decisioning and Credit Risk Solutions GDS Link is delighted to announce their new podcast, The Lending Link, is launching in September.

Banks, credit unions, and alternative lenders are increasingly inundated with loan applications for a variety of purposes that range from home mortgages to business lines of credit. In 2020 alone, financial institutions reported over 22.7 million home loan applications under the Home Mortgage Disclosure Act.

It’s no secret that the effects of high inflation are being felt throughout the country. To combat a sharp spike in inflation, the US Federal Reserve has increased its key short-term interest rate twice this year with the latest by half a percentage – a first in almost 22 years.

GDS Link and TransUnion’s credit decisioning partnership is already demonstrating substantial value for lenders.

Automated Credit & Loan Decisioning Many financial institutions receive thousands of applications daily, depending on their size and the economy’s current health. A lending staff is responsible for processing these loan applications to determine who qualifies as a potentially good candidate. A loan application includes various personal finance information that reflects the creditworthiness and credit…

Risk Management Analytics In Banking Like any business, banks are typically concerned with improving their bottom line. The long-term success of banking institutions often relies on their ability to make sound financial decisions with the best information available. In addition, it’s equally important for banks to find ways to limit their risk exposure wherever possible…