Resources

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.

Lending has evolved significantly over the last several decades. Financial institutions have come a long way from 1974, when banks controlled the lending industry, holding 62% of the total loans, compared to 2020, when non-banks issued 68% of all mortgages in the U.S. The rise in non-bank lending has freed credit borrowers from the stranglehold…

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

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…

Many financial institutions receive thousands of applications each day, depending on their size and the current health of the economy. A lending staff is responsible for processing these loan applications to determine who qualifies as a potentially good candidate. A loan application includes a variety of personal finance information that reflects the creditworthiness and credit…

Along with partner Neuro-ID, GDS Link hosted a webinar recently highlighting the benefits of Behavioral Analytics to reduce losses and enhance customer experience.

Just 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 to minimize potential losses…

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 outcomes for customers and…

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…

Fraud is a leading concern among banks and credit unions. Fraud management in 2022 is more complex than ever, and financial institutions that fall behind in their management planning could pay the price. Banking has never been more reliant on digital access and transactions, and without the proper security in place, fraud opportunities can increase…

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 to develop a suitable model…

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…