Resources

 Navigating the Lending Landscape: A Deep Dive with Tom O’Neill of Equifax There isn’t a period in the present day that we can equate to the COVID global pandemic and the effects that this era has had on the lending industry. Society was forced to isolate, everyone was left indoors, and not to mention…

Alternative Credit Solutions Alternative credit scoring is not a new concept, in fact, the method first began making headlines as early as 2013. However, additional advancements in fintech, shifting consumer attitudes and recent changes to the market have made it a necessity for the modern lender to utilize.

Transforming Lending Practices with Fairplay.ai: A Conversation on Fairness and Profitability in Decisioning Bias may present itself in a variety of ways within lending. When assessing biases, two issues frequently arise: Was someone treated differently because of who they are? Or did a sincere goal activity end as being harmful to one group? A recent…

 Lenders within both consumer and SMB rely on data from a multitude of third-party sources to make informed credit decisions. Understanding a borrower’s income with a high degree of certainty is critical in terms of the borrower’s ability to repay. Today, we see income verification solutions employed across a variety of different applications, whether…

 By end of this year, fraud is projected to cost U.S. businesses roughly $2.5 Billion, with some research suggesting that figure could rise as high as $5 Billion by 2025. There’s no doubt that every business is vulnerable to fraud, due largely to the numerous ways in which scammers can attack your organization. So…

 As much as lending has changed in the last few years, its  fundamental tenet—putting the customer at the center of every choice—remains unchanged. Nevertheless, the last few years have brought an abundance of changes fueled by digitisation and the adoption of big data.

 Shortly after the 2008 financial crisis, a new phrase emerged, and we were quickly introduced to the thriving “Fintech” industry. When it comes to financial inclusion, the more approachable you are, the more success you will have.

 There is little doubt that having to deal with a global pandemic for a few years has altered the behaviors of both consumers and lenders.

 You’re tuning in and syncing up with The Lending Link, GDS Link’s brand-new industry podcast designed for the modern-day lender.

Taking a Deeper Dive into the Future of Data, Decisioning and Credit Risk Solutions GDS Link is delighted to announce their new podcast, The Lending Link, is launching in September.

Marketing dynamics have evolved significantly over the past few decades. Previously, various bank marketing strategies were solely implemented to create brand awareness. But now marketing involves providing a value proposition, being relatable, and generating trackable revenue. 

Significant losses can dramatically undermine a lender’s ability to remain competitive. Reducing default is business-critical — and it must start with credit decisioning.