Remove Credit Risk Remove Credit Scoring Remove Cybersecurity
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Emerging Risks in Digital Lending

Biz2X

But change always comes with risk, and the evolution of lending brings a set of emerging risks that financial institutions must take proactive steps to address in order to maintain the stability and integrity of their digital lending ecosystems.

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Is Granting Credit Terms Worth the Risk?

Your Virtual Credit Manager

To continue reading and learn four essential risk-based questions to ask when evaluating a customer’s credit-worthiness, you must be a paid subscriber to Your Virtual Credit Manager. Do you need help assessing customer credit risks? Ensure the account meets your cybersecurity requirements.

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Top Accounts Receivable Challenges for 2023: Be prepared

Gaviti

From marketing automation to cybersecurity to customer support, businesses are applying automation in a variety of creative ways. Utilizing credit scoring: Teams can use credit scoring models to evaluate the creditworthiness of customers and identify those who are most likely to default on their payments.

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Here’s what you need to know about marketplace lending vs. direct lending

Credibly

Source: LinkedIn Typically, direct lenders are also more specific with credit scoring and other stipulations. AI integration will become increasingly used for more accurate and efficient credit risk assessments. The changing atmosphere of data and privacy practices will result in new cybersecurity measures.