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Ten Coves Capital Closes Oversubscribed $293 Million Third Fund - Vimarsana News

Ten Coves Capital Closes Oversubscribed $293 Million Third Fund

/PRNewswire/ -- Ten Coves Capital, LP ("Ten Coves"), a growth equity firm with an exclusive focus on investments in FinTech companies, announced today the...

Point Predictive Identifies $1 Billion In Loan Application Fraud Tied to Fake Employers, Significantly Reducing Risks for Lenders - Vimarsana News

Point Predictive Identifies $1 Billion In Loan Application Fraud Tied to Fake Employers, Significantly Reducing Risks for Lenders

/PRNewswire/ -- Point Predictive Inc., the San Diego-based company that provides machine learning solutions to the lending industry, announced today that its...

Point Predictive Identifies $1 Billion In Loan Application Fraud Tied to Fake Employers, Significantly Reducing Risks for Lenders - Vimarsana News

Point Predictive Identifies $1 Billion In Loan Application Fraud Tied to Fake Employers, Significantly Reducing Risks for Lenders

SAN DIEGO, Jan. 13, 2022 /PRNewswire/ -- Point Predictive Inc., the San Diego-based company that provides machine learning solutions to the lendin...

Point Predictive Identifies $1 Billion In Loan Application Fraud Tied to Fake Employers, Significantly Reducing Risks for Lenders - Vimarsana News

Point Predictive Identifies $1 Billion In Loan Application Fraud Tied to Fake Employers, Significantly Reducing Risks for Lenders

/PRNewswire/ -- Point Predictive Inc., the San Diego-based company that provides machine learning solutions to the lending industry, announced today that its...

Point Predictive's 2021 fraud consortium survey: Auto lenders speak out - Vimarsana News

Point Predictive's 2021 fraud consortium survey: Auto lenders speak out

Banks and auto lenders are facing a dramatic, well-documented rise in auto loan fraud, some of which could be masked by record originations volumes. As the industry prepares for a fraud risk reckoning ahead, risk and technology experts are evaluating the fraud risks that threaten profitability, revisiting loan review processes, and implementing technology solutions to prevent loss. Point Predictive's annual survey of the nation's top auto lenders reveals how they are responding to the multitude of growing fraud risks that appear on loan applications.