Loan Approval news and trends

OppFi CEO Says Behavioral Analytics Unearth Credit Gems Other Methods Miss
Authentication // June 03, 2021

Fraud hit record highs over the past year amid unprecedented digital engagement, with each online interaction giving bad actors an opportunity to impersonate legitimate customers and access their personal funds or valuable data. The Federal Trade Commission (FTC) received more than 2.2 million reports of...

Interviews & Exclusives
Lending Is Ripe for an Instant Disbursements Transformation

April 11, 2023
As inflation rises and recession looms, consumers are anxious about their finances. With 48% of consumers less likely to take out a loan since interest rates have increased, banks must provide an enhanced lending experience to stay competitive. Borrowers want a faster and more convenient lending process, with 35% of consumers believing they should be […]