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Risk-based credit pricing can be a great way to expand community-based financial institutions’ loan portfolios while providing the communities they serve with a way to repair credit and obtain needed ...
Fuel fraudsters continue to ‘skim a little off the top’. The post pandemic e-commerce boom has fueled a marked increase in demand for logistics services. As a result, global fuel and fleet markets ha...
With increased digitalisation in emerging markets around the world, merchants have started to offer alternative payment methods in the hope that they will grow their market share and appeal to the cha...
We’re now entering a new age of digitalization. Simply providing banking consumers with digital access to accounts and services is no longer enough to remain competitive, retain account holders or imp...
Economic downturns and an increase in fraud go hand in hand. It happened during the great recession in the 1920s, in 2008, and during the COVID crisis starting in 2020. You don’t have to be clairvoyan...
The battle against fraud in this evolving digital world is never-ending.There’s this so-called “squeezing a balloon effect” in the area of fraud among financial institutions — and credit unions are n...
While identity theft has been in the modern lexicon for decades, a newer, more insidious and faster-growing variant of identity fraud is taking hold in the U.S.—and it’s costing U.S. financial institu...
If you work in financial services, chances are your organisation has some form of mobile recording solution in place. Although certain firms don’t necessarily have a regulatory requirement to record ...
Think carefully, someone could be watching! Busy Regulators! Regulators have been busy. Organizations such as SMBC Nikko, JP Morgan, Atlantic Trading, Natwest, and Robinhood have all recently inc...
As technology evolves, more and more children are gaining ready access to the internet, with Ofcom’s latest research estimating that 55% of children now have their own smartphone. Meanwhile, the marke...
Negotiating the right price and quality of data for bureau contracts is essential for credit providers. Despite this, many organisations are unaware that there are differences in pricing and do not h
We live in an increasingly unstable world, a fact which has been exemplified by the unfolding of the Russian invasion in Ukraine. Unfortunately, nationalist tendencies can lead to heightened east vers...