Lenders today are under pressure to make timely and efficient loan decisions while preventing fraud and delinquency. One way lenders can overcome these challenges and streamline lending processes is with consumer-permissioned alternative data. By offering up-to-date insights that go beyond the surface, alternative data can paint a clearer picture of creditworthiness rooted in genuine behavioral patterns to enable a more holistic view of income verification and cash flow underwriting.
Join our webinar to see how alternative data:
See how alternative income data, total cash balance, deposit transactions, and more can be added to round out your overall understanding of each applicant’s financial situation and establish a comprehensive, data-centric strategy that effectively reduces the potential for fraudulent activities.
Hear from:
Jeff Hollander, Strategic Consulting Director for Credit, Envestnet | Yodlee
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