As we emerge from turbulent economic times, the desire to return to sustained portfolio growth has been a clear trend in mature credit markets.
Experian says its Financial Stability Risk Score enables users to segment businesses into risk categories.
Personal financial management specialist MoneyDesktop has acquired another PFM provider, Indiana-based MyJibe, the companies said.
MoneyDesktop, a Provo, Utah-based provider of personal financial management solutions primarily to credit unions,has acquired MyJibe, an Indiana-based PFM specialist.
First-party fraud–accessing credit services with no intention of repayment–is a significant concern for credit unions and other financial institutions. And its prevention calls for a new strategy, according to Costa Mesa, Calif.-based credit reporting agency Experian.
Card delinquencies down in major Texas, Ohio markets while mortgage delinquencies up in Portland, Phoenix, Baltimore, Seattle, New York and D.C.
Within the auto lending sector, a mixed bag of strong and weak outcomes was seen in the first quarter.
Whether you call it business intelligence or just being customer-savvy, knowing more about each customer at the moment of contact can pay dividends and prevent catastrophe. For financial services companies, the stakes can be much higher than a lost pastry sale.
Expansion into new areas like business services and new channels like P2P and mobile present new opportunities for credit unions and fraudsters alike.
More than 180 people and 25 credit unions participated in uMonitor's recent two-day virtual conference for users of its account opening and funding and other solutions, the Memphis, Tenn., company said.