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PSCU Partners With Lean Industries For Dispute Management

PYMNTS

PSCU, a national payments credit union service organization, is teaming up with dispute management firm Lean Industries to process disputes, PSCU announced in a press release on Monday (Nov. The company will leverage Lean Industries’ AdjustmentHub and NetworkHub solutions to manage dispute services. “As

Industry 101
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The role and challenges of financial institutions in the small multifamily rental market

Abrigo

The topic of affordable rental housing is likely to be an increasingly popular one in the coming years, given the number of baby boomers expected to downsize as they retire and the rising share of millennials choosing rentals over homeownership.

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10 Top Banking Podcasts You Should be Listening to

Abrigo

Thankfully for bank and credit union executives, lenders, risk managers, and Bank Secrecy Act (BSA) Officers, banking podcasts and podcasts for credit unions are plentiful, and options are growing. Listen to the podcast episode, " How To Sleep Easier at Night About Capital and Risk Levels.". keep me informed.

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How A Bank And A FinTechs Are Jointly Cracking The Code On Financial Inclusion

PYMNTS

When you take a bank and their expertise in risk management, compliance and low-cost funds and match it with great technology – and start from the ground up to build something customer-focused – you can build something really powerful to serve consumers.”. “It takes a partnership to make it work,” Orloff said. percent to 29.99

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Don't Bank. SoFi

Jeff For Banks

After its most recent capital raise in September, SoFi, a marketplace lender that focuses on millennials, has raised nearly $1.5 How good is their system compared to FICO, or other FinTechs that feel they are more evolved in credit risk management? billion in equity capital since its founding in 2011. We don't know. Perhaps not.

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Top 5 Risk Analytics Posts: From Rising FICO Scores to Alt-Data

FICO

For the first time since we’ve been tracking these stats, the average national FICO Score reached the 700 threshold — some 10 points above what it was just prior to the recession in October 2006.”. Millennials and Credit: Are We Missing the Real Story? Using Alternative Data in Credit Risk Modelling. Read the full post.

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Why Banks Reach For The Unprofitable, Demanding SME

PYMNTS

.” This concept considers the role that small businesses play in their local and national economies overall. Indeed, it’s been repeated countless times: “Small businesses are the bedrock of the national economy ,” and it’s an anthem that rings true for the U.S. and other markets.

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