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Financial institutions are coming to terms with the new world of tech-driven fraud and adopting digital identity tools as an increasingly necessary defense.
/PRNewswire/ -- LexisNexis® Risk Solutions unveiled the findings of the seventh edition of its annual LexisNexis® True Cost of Fraud™ Study: Financial Services...
“People would learn more from their mistakes if they weren’t so busy denying them.” Here’s a little trivia for the compliance folks in the coffee room: The CFPB handles 20,000 consumer complaints per week, and given that financing a home, and then servicing the loan, is the largest financial transaction most individuals go through, you gotta figure a chunk of the 20,000 involve mortgages. While we’re on the CFPB, Director Chopra addressed issues related to refinancing in a hearing on Capitol Hill last Thursday. But the headlines have been grabbed by interest ...
They aren't averse to less sought-after locales…
For auto dealers and lenders, the regulatory focus on AI means more scrutiny of your lending operations for unfairness and discrimination.