Its been called 'Kiting' forever and has been banned by most credit providers 'forever'.... I guess the BNPL guys slipped under Chase's radar for a while.... Sounds like they closed a loophole
22 Jul 2024 14:28 Read comment
It will be new and emerging lenders who are the primary targets for these criminals. Existing lenders offering new products will also be targeted as will more established products but probably in this order based on my experience. I believe the USA will be the happiest hunting ground for these avatars, and it will take the large data model owners to sniff them out. Interestingly, the owners (private or corporate) of these rental properties may be able to become part of the solution if they are able to spot postal evidence of false claims of residency at their owned rental locations.
13 Jun 2024 11:21 Read comment
np :-)
21 Dec 2022 15:34 Read comment
Kanv PanditGeneral Manager, Payments Solutions, Asia at FIS
Kimberly SadlerGlobal Development Manager at FIS
David RatnageCommercial Lending Director, Capital Markets at FIS
Matt RiggallHead of Commercial Lending Vertical, Cap. Markets at FIS
Nicole PienkosHead of Regional Banking at FIS
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