Small and Midsize Business Lending Fraud on the Rise, New LexisNexis Risk Solutions Study - News
LexisNexis® Risk Solutions released its latest Small and Midsize Business (SMB) Lending Fraud Study. Based on a survey of lenders, SMB lending fraud has increased significantly during the past 12 months, with many smaller banks, credit unions and fintechs expecting fraud levels to worsen over the next year. Overall, 84% of respondents said that SMB...