Mobile lending gives traditional financial services firms an opportunity to reach underserved population groups. To do so, organizations must adapt their decision-making around the demands of digital lending.
Mobile Lending & Mobile Credit Decisioning
Mobile devices have become the de facto access point for financial services for many in traditionally unbanked demographics. But the generally small size of loans and potential risk has long limited the benefits of entering this marketplace.
Today’s risk analytics solutions change this situation by using large quantities of both structured and unstructured data to identify credit risk. Relying on big data enables banks and credit unions to make decisions quickly, eliminating unnecessary overhead.
The path toward mobile lending is becoming clearer, and GDS Link can help organizations get a leg up on the competition. Our risk analytics platform drives efficiency and compliance benefits, making it a natural match as firms explore new markets.