One of the most important things that lending businesses need to focus on is preventing fraud as this activity results in a significant loss of income. Fortunately, digital identify verification not only helps prevent it but does so in a timely manner, essential for keeping prospective
Over the past decade, a significant portion of the economy has shifted to digital. In the lending industry, the majority of borrowers are using online portals and apps to complete transactions and apply for loans. The importance of cybersecurity in the lending sector cannot be
In the past, businesses seeking loans always relied on official financial institutions to provide the money they needed. But today, peer-to-peer lending has become a proven alternative that many businesses can utilize to gain access to the money needed to power their businesses. What is Peer-to-Peer
Environmental, social, and governance (ESG) is a popular term that's meant to represent the ethical and sustainable impacts that a company's corporate financial interests have. As is the case with many industries, ESG criteria have become much more common with lending decisions. The reason that ESG
Today, excellent customer service is required in every industry. With the competitive world we now live in and a large number of online vendors, we are seeing an improvement in the level of customer service quality in the lending industry. If you are looking to improve
From the automated phone system that we engage with before connecting to a live customer service representative when we phone into a call center to the friendly chatbot that provides us with answers to frequently asked questions (FAQs) when we visit websites, artificial intelligence (AI)
The mortgage lending industry is forever a dynamic and rapidly changing landscape. New trends and developments continue to shape the way that lenders operate and compete. As we look ahead to 2023, it is important to be prepared for the challenges and ready to take
In recent years, you may have heard of something called a blockchain and how it will revolutionize the financial sector. Although we are likely a long way from getting rid of banks or centralized lenders altogether, blockchain technology is having a tangible impact on the
With the new year comes an economy that will have profound impacts on the lending industry. While a forecast of a recession is swirling around, it is believed to be mild and short-lived. Most Americans are confident that they will be able to get through
Private Eyes Screening Group has been selected as a background screening vendor for Wells Fargo for their CPG - Corporate Properties Group. Private Eyes is an approved vendor for Wells Fargo Vendors and Suppliers.