Search Results for: mortgage fraud

Analytics Big Data Featured Fintech Lending

Advanced Analytics and FinTech: Transforming Credit Lending Strategies

Prajakta Ayade
by Prajakta Ayade0
The fintech industry has revolutionized the financial landscape by introducing advanced technologies that streamline operations, enhance user experience, and optimize decision-making processes. Among these innovations, advanced analytics stands out as a pivotal force in transforming credit lending strategies. Leveraging big data, machine learning, and artificial intelligence, fintech companies are reshaping......
8 out of 10 Consumers Prefer Full Digital Banking Experience, yet Some Are Left Short-Changed
Banking Finance Fintech News

8 out of 10 Consumers Prefer Full Digital Banking Experience, yet Some Are Left Short-Changed

Business Wire
by Business Wire0
Banks continue to see strong levels of customer acquisition via digital channels; 42% registered for an account via an app, 35% via website, Onfido survey shows. Users find digital identity verification both secure (81%) and convenient (88%), highlighting that security and convenience can and should go hand in hand. Integrating......
EarnUp Expands Financial Wellness Platform, Empowering Lenders & Servicers to Accommodate Text to Pay Capabilities
Fintech News

EarnUp Expands Financial Wellness Platform, Empowering Lenders & Servicers to Accommodate Text to Pay Capabilities

Business Wire
by Business Wire0
EarnUp., a financial wellness fintech company, announced that lenders and servicers will be able to use its platform to offer borrowers a convenient mortgage payment option: Text to pay via debit card. “By enabling text to pay using a debit card, we’re offering lenders a seamless, no-customer-code solution that enhances......
Truv Now An Authorized Report Supplier for Fannie Mae's Desktop Underwriter (DU) Validation Service
Finance Fintech News

Truv Now An Authorized Report Supplier for Fannie Mae’s Desktop Underwriter (DU) Validation Service

PR Newswire
by PR Newswire0
Truv’s consumer-permissioned income and employment verifications platform helps lenders save time and money on each loan Truv, a provider of automated employment and income verification technology for mortgage lenders, banks, and credit unions, announced it is now an authorized report supplier for mortgage lenders using Fannie Mae’s Desktop Underwriter® (DU®)......
PropTech-Startups-Choose-VeriFast-as-All-in-One-Verification-Partner
Artificial Intelligence Fintech News

PropTech Startups Choose VeriFast as All-in-One Verification Partner

Business Wire
by Business Wire0
Leasey, Cove, RealSage and Rentatee announce new integrations with VeriFast VeriFast, the AI-powered Verification-as-a-Service platform that automates financial analysis and decision making for tenant screening, mortgage underwriting and more, today announced that real estate technology startups Leasey, Cove, RealSage and Rentatee have adopted VeriFast’s platform as their all-in-one verification solution.......
Cost of Living in the U.S. Grows 4% Year over Year as Consumers Now Spend Nearly $26k Annually on Essential Household Bills
Finance Fintech News

Cost of Living in the U.S. Grows 4% Year over Year as Consumers Now Spend Nearly $26k Annually on Essential Household Bills

Business Wire
by Business Wire0
The report found that the average U.S. household spends $25,513 per year, or 34% of income on the ten most essential household bills, and also breaks out the household spending market size for each of these bill categories, percentage of households that pay each bill, and average monthly and annual......
BitPay Adds Support for Over 100 New Cryptocurrencies
Cryptocurrency News

BitPay Adds Support for Over 100 New Cryptocurrencies

PR Newswire
by PR Newswire0
This update will begin rolling out this week, including support for dozens of new cryptocurrencies. BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services, announced an updated payment experience for crypto customers, which will begin rolling out this week, including support for dozens of new cryptocurrencies. Customers making crypto payments......
U.S. Households Pay $1,268 a Year in Hidden Costs Associated With Paying Bills, up 29% Year over Year
Finance Fintech News

U.S. Households Pay $1,268 a Year in Hidden Costs

Business Wire
by Business Wire0
Amid record-high mortgage and credit card rates, new doxo report exposes $167B in hidden bill pay costs, driven mostly by increased credit costs, along with overdraft fees, late fees, and fraud A new report released today by doxo found that hidden costs associated with paying bills amount to an additional $167 billion......
Featured Fintech Fintech Primers Lending

What Are The Pros of Fintech Lenders?

Pooja Choudhary
by Pooja Choudhary0
Introduction Online “fintech” lenders, which are not banks, may look at “alternative data,” such as the regularity with which a borrower pays their rent or utility bills, to establish the borrower’s creditworthiness. There are potential benefits to expanding access to loans through the use of alternative data. Lenders can now......
Banking Featured Fintech Primers

The Domino Effect- Exploring How Failed Banks Impact The Fintech Industry

Pooja Choudhary
by Pooja Choudhary0
Introduction Silicon Valley Bank, First Republic Bank, and New York’s Signature Bank! Can you think of a common factor among these three? Yes, these are a few recent bank failure examples that have been witnessed by all of us. What makes the banking structure unviable and leads to their bankruptcy?......
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