Online lenders upping qualification standards in response to default wave
Jun 14, 2018 Walt Wojciechowski
The swift speed at which online lenders approve loan requests, in part, has led to an uptick in borrowers defaulting, forcing lenders to ratchet up their qualification standards.
Comptroller advises banks to expand their horizons with small-dollar loans
Jun 07, 2018 Philip Burgess
Representatives within the federal government say it's time for banks to get back into small-dollar lending mode.
Webinar: The Moneyball-ization of Collections
May 30, 2018 MicroBilt News
Collections is becoming more and more data-driven. The most effective collection agencies are mining their own databases and using outside sources to improve right-party contact rates and collection efforts.
Why Generation Z may outdo millennials in mobile banking
May 30, 2018 Philip Burgess
Mobile banking is big with Generation Z, more so than it is with millennials, research shows.
Identity theft reaches all-time high
May 25, 2018 Philip Burgess
Approximately 16.7 million Americans in 2017 were victimized by identity fraud, according to analysis conducted by Javelin Strategy & Research.