Resources

Consumer and small business credit default is a persistent challenge for banks, credit unions, and alternative lenders. While many people are recovering from the economic upheaval of 2020, default rates are still on the rise in 2022, particularly for bank cards and auto loans, according to S&P/Experian indices. $25 billion in loan default volume estimated…

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

The fintech market comprises a variety of industry segments including alternative lending and financing, digital investments and payments, and neobanking. The rising interest in investments among the public and the need for loans and insurance are the fundamental forces behind this immense growth surrounding the fintech lending explosion. These organizations aim to streamline the lending…

Inflation and Credit Risk The global surge in inflation, caused by an unprecedented demand for certain goods, supply-chain disruptions, fiscal policies, warring nations, and other factors is affecting both businesses and individuals across the world — including banks and other financial institutions. High inflation rates significantly impact lending and can cause both positive and negative…

Credit risk management is the process by which lending institutions protect themselves from the ever-present risks of late payment and defaulted loans. Over the past few years, lending programs have been shifting their focus to new opportunities and resources that can help boost their performance, lower their risk profile, and enhance their decision-making when it…

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 that will help guide your loan process and help prevent losses for unpaid loans. Every credit risk model will have its own strengths and weaknesses, therefore it is critical…

Fintech Data Analytics Fintech is slowly taking over the world, with 46% of consumers using digital banking channels exclusively. In 2020, the global fintech market was valued at $110.57 billion — a figure that is expected to grow to $698.48 billion by 2030. Of all the things contributing to this bright future for fintech, data analytics…

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.  

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.  

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.

What Is Credit Washing Recently, GDS Link sponsored a webinar, with one of our preferred partners, Sentilink, to discuss a new trend in lending fraud: Credit Washing.