Resources

 Join us for an insightful episode of The Lending Link Podcast as host Rich Alterman chats with Jason Appel, Executive Vice-President & Chief Risk Officer at goeasy.  In this episode, Rich and Jason discuss goeasy’s mission to provide everyday Canadians with access to credit and a path to financial improvement. Jason shares goeasy’s approach…

Risk assessments should build trust between borrowers and lenders, not barriers. Lenders everywhere have likely encountered a sluggish and inconvenient decisioning strategy at some point. Whether struggling with a problematic software interface or a loan application taking days to process, it feels like in 2024, we shouldn’t face these problems. But assessing credit risk doesn’t…

Cash flow underwriting is making waves in the industry, offering a fresh, more accurate way to assess borrowers’ financial health. This method analyzes real-time financial data, moving beyond the limitations of traditional credit reports.

(United Kingdom, July 17, 2024)—Capital on Tap enhances its capabilities through a renewed multi-year deal with GDS Link, utilising their decisioning platform to support and complement Capital on Tap’s proprietary risk models across its UK and US business. Since its launch in 2012, Capital on Tap has served over 200,000 small business customers, facilitating over…

Overview of Risk Management in Banking A strong credit risk management process is essential for banks and lenders to minimize risks while maximizing profits and productivity. Understanding the best practices and techniques involved in credit risk management is the first step in crafting an effective risk assessment solution

Credit Union Risk Management Software As a financial institution, credit unions must use risk management software. 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.  

Types of Credit Risk Management 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.

Any organization lending money or extending credit needs a credit risk management framework to protect itself and assess credit risk. Without a framework, it’s easy to become overextended on financial obligations, putting your organization at a greater chance of finding itself in the hole.

On the next installment of Lending Link LIVE from the show floor at FinTech Meetup, host Rich Alterman takes us into the dynamic world of financial services with Javier Alvarado, Director of Financial Services at TransUnion. Celebrating nearly ten years with TransUnion, Alvarado shares his expertise in outbound communications and collections, highlighting how TransUnion’s innovative…

Stricter credit requirements as a "top-down" approach has helped mitigate some economic risk, and yet it has left many companies struggling to overhaul their approach to credit risk assessment.

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?…

Introduction to Credit Risk Modeling Risk modeling is an essential cornerstone of the lending process. There are a few different ways to generate a risk model to help guide your loan process and help prevent losses for unpaid loans. Every credit risk model will have its own strengths and weaknesses. Therefore, developing a suitable model…