CFPB Examination - Module 3: Payment Processing and Sustained Use
Mar 14, 2012 Admin
Over the last couple of weeks I’ve covered the details surrounding Module 1, Marketing, and Module 2, Application and Originations, of the Consumer Financial Protection Bureau. And now it’s time to move on to Module 3, Payment
Read More
CFPB Examination - Module 2: Application and Originations Explained
Mar 07, 2012 Admin
Last week I covered Module 1, Marketing, of the Consumer Financial Protection Bureau’s Examination guidelines and so this week I like to move ahead to Module 2 of the examination. Application and Originations. Applications
Read More
Consumer Financial Protection Bureau Examination - Module 1: Marketing Explained
Feb 29, 2012 Admin
When the Consumer Financial Protection Bureau audits or reviews a payday or short term lending firm, they will look for a variety of risk factors associated with fraudulent or unethical lending. In the ever-changing world of online short term
Read More
ODFI Fraud Risk: Not Just a Merchants Problem
Feb 15, 2012 Admin
ACH fraud is not an issue which affects consumers and businesses alone – there is also originating depository financial institutions (ODFI) fraud risk. Anyone who has completed a transaction via phone or internet to pay for goods
Read More
The Future of Lending Beyond the FICO Score
Feb 09, 2012 Todd Milner
When it comes to building or rebuilding one's credit, a low or nonexistent FICO score has often proved to be an extremely large obstacle when applying for any type of credit lines at all. However, many smaller, non-traditional lenders
Read More
