By: Clarity Services, Inc. A part of Experian Summary description: In today’s data-driven world, lenders who do not utilize updated prescreening criteria accounting for today’s industry trends are at a serious disadvantage. That includes accurately differentiating…

CHICAGO, IL – LEND360 in partnership with LendingTree honored Innovative Assessments with a $10,000 prize for winning the Startup Innovators Program during the LEND360 conference in Chicago, IL on October 9, 2018.  The LEND360 Startup…

By: Catherine M. Brennan and Hurshell Brown In August, the California Supreme Court issued its decision in De La Torre v. CashCall, Inc., which answered “yes” to the question “Can the interest rate on consumer loans…

Past, Present, and Future State of Acquisition Marketing for Consumer Lending  By: Jeff White, Partner, The Wheelhouse Group If you’re in marketing, you know that technology has changed EVERYTHING for us in the last 20 years. We’ve…

Last week, the Office of the Comptroller of the Currency (OCC) released a new bulletin outlining steps for banks to offer short-term loans to customers. The overall goal of the policy change is to increase…

Four in 10 adults would struggle to cover an unexpected expense of $400, according to the Federal Reserve's Report on the Economic Well-Being of U.S. Households in 2017, released last week. The fifth annual survey showed…

Why Lenders Need Customer Identity Intelligence By: Craig Moore, SVP – National Sales Manager, Accelitas The credit scores and data analytics systems, including loan decisioning engines, that lenders have relied on in the past simply don’t cut…

GAO Issues Report on Fragmented Fintech Regulatory System Last week, the Government Accountability Office (GAO) issued a report that addresses financial technology for payments, online lending, financial advice, and blockchain. The report examined the risk/benefits of such…

LEND360 comes to Washington As the Trump Administration develops a fintech policy report to be released later this year, a diverse group of LEND360 participants made the trek to Washington DC to meet with the authors…

The Fintech Approach to Bank Partnerships & National Charter By: Catherine M. Brennan and Katherine C. Fisher of Hudson Cook, LLP For many years, banks have partnered with Fintech companies to offer online loans to consumers. Some…