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Balancing Act: Applying Rules-Based and Behavior-Based Analytics in BSA/AML Software

Abrigo

Using leading technology, innovative BSA/AML software providers are harnessing the power of artificial intelligence (AI) and machine learning for behavior-based analysis. Both types of analysis have pros and cons, and a careful convergence of rules- and behavior-based analytics provides the most coverage for financial institutions.

Analytics 195
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How Transaction Analytics Transform Lending Speed and Results

FICO

How can transaction analytics deliver a major competitive advantage in lending? This is the topic I will be discussing at the Gartner Data & Analytics conference May 9-11 in London. Transaction data can help increase the speed and accuracy of lending for banks. Transaction Analytics – Why Now? Here’s a preview.

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How Alternative Lending Technology Stays Flexible For SMBs

PYMNTS

In the wake of the 2008 global financial crisis, and banks' subsequent pullback from the small- to medium-sized business ( SMB ) lending arena, a slew of alternative lenders emerged onto the scene to fill the credit gap. What's just as important is to ensure that lending technology is flexible.

Lending 289
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Payments 2016: The Year of Payment Innovation Via Predictive Analytics

PYMNTS

Here is the response from Joe DeCosmo, chief analytics officer of Enova International …. Payments 2016: The Year of Payment Innovation Via Predictive Analytics. This was the year for payment innovation through predictive analytics. million annually. Download the eBook.

Analytics 110
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Top 6 Trends for the Banking Industry in 2024

Perficient

Banking institutions are responding by integrating advanced technologies, particularly artificial intelligence and data analytics, into their lending operations to enhance efficiency and adaptability. Explore and integrate alternative data sources and innovative scoring models to offer fairer assessments of creditworthiness.

Trends 221
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SBA Promotes Credit Union SMB Lending

PYMNTS

When it comes to small business (SMB) lending, the top two contenders for business owners are banks and alternative financiers or online marketplaces. The SBA and NCUA collaboration is a three-year agreement that aims to build upon that momentum, and heighten CUs’ share of the SMB lending market. Credit Unions In Growth Mode.

Lending 129
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Using digital lending helps to reach small businesses

Independent Banker

Digital lending capabilities are quickly becoming table stakes, particularly when it comes to small business lending. However, banks should first consider their customers’ needs and the infrastructure and features needed in a lending platform before adopting a new digital strategy. Benefits of digital lending.

Lending 91