Experian has launched a new Open Data lending solution that makes it quick and easy for small businesses (SMBs) to apply for financing, according to the credit bureau in a blog on Wednesday (Oct. 30). Experian Commercial Acumen lets businesses avoid most of the loan...
Synthetic ID fraud costs banks $2 billion a year. The bad guys are so crafty that the credit bureaus are unwitting accomplices to the fraud. Traditional methods of catching ID theft fall short, as Naftali Harris, co-founder of SentiLink says in the latest Monday Conversation...
Lawmakers grilled the heads of Equifax, Experian and TransUnion, calling the credit reporting a “broken” system — and new legislation introduced this week has some far-reaching changes. In the meantime, the CEOs said, proactive measures to address shortcomings — not just breaches — are in...
Business Credit Reports (BCR) announced it has added Dun & Bradstreet‘s Payment Performance Insights to its business credit solution. BCR is the largest independent provider of credit information on businesses around the globe, offering multi-bureau reports, including Experian, Dun & Bradstreet, Equifax, Graydon, Creditreform and Ansonia...
April 01, 2019
Synthetic ID fraud costs banks $2 billion a year. The bad guys are so crafty that the credit bureaus are unwitting accomplices to the fraud. Traditional methods of catching ID theft fall short, as Naftali Harris, co-founder of SentiLink says in the latest Monday Conversation – and what we need now, he contends, is an ID bureau that separates good consumers from the fake ones.
February 27, 2019
Lawmakers grilled the heads of Equifax, Experian and TransUnion, calling the credit reporting a “broken” system — and new legislation introduced this week has some far-reaching changes. In the meantime,...
May 07, 2024
In recent years, buy now, pay later (BNPL) platforms have gained popularity among consumers, offering a convenient way to finance purchases through installments. However, the lack of transparency surrounding these loans has raised concerns about the potential risks they pose to consumers and the wider economy, Bloomberg reported Tuesday (May 7). One of the main issues with BNPL […]
