How to Combat Online Lending Fraud

They say that the eyes are the windows to the soul. But when you’re conducting business online, the eyes and every other fragment of identity is concealed. The “hidden” nature of the online environment makes it a breeding ground for fraud.

Fraud in all its forms is so pervasive in the subprime lending industry that lenders are tasked with trying to verify each applicant’s identity, their credit history, their ability

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In the Fight Against Fraud, How’s Your Data Doing?

Fraudsters work around the clock. Your fraud prevention measures should too. Fraud prevention is a primary concern for any business in the lending industry. The growth of digital and mobile technologies makes it increasingly difficult to determine who is on the other end of a transaction.

A lender’s risk is naturally higher with a subprime borrower than with a traditional prime consumer. As fraud in its various forms continues to

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