Emagia

MARCH 15, 2024

AI is also transforming how fraud can be detected and prevented and it is becoming an inevitable tool for mitigating customer credit risk in today’s digital age. Studies estimate that the worldwide spending on AI-enabled financial fraud detection platforms will exceed $10 billion by 2027, increasing from just US$ 6.5 billion in 2022.

Credit Risk 52

Credit Risk Default Credit Management Credit and Collections 52

Emagia

MARCH 15, 2024

AI is also transforming how fraud can be detected and prevented and it is becoming an inevitable tool for mitigating customer credit risk in today’s digital age. Studies estimate that the worldwide spending on AI-enabled financial fraud detection platforms will exceed $10 billion by 2027, increasing from just US$ 6.5 billion in 2022.

Credit Risk 52

Credit Risk Default Credit Management Credit and Collections 52

Abrigo

MAY 30, 2023

CFPB intends the data collected by lenders on each small business credit application to shed light on potential disparate treatment in loan terms, especially related to minority-owned small business applicants, including women-owned small businesses. This 2026 data needs to be reported to the CFPB by June 1, 2027.

Credit Unions 78

Credit Unions Credit and Collections Transactions Small Businesses 78