Lenders Turning to Alternative Credit DataAugust 08, 2007Nontraditional credit data for credit scoring is gaining acceptance among lenders seeking new sources of growth.
Banks Move to Comply With PATRIOT ActJune 27, 2003Banks are racing to comply with the USA PATRIOT Act's requirements that terrorists not be allowed access to the financial system, such as by assuming a false identity in order to shift funds electronically from one account to another.
Battling ID Theft, Lenders Mobilize Old Friends with New TechnologiesApril 28, 2003Absent a national identification system, there is no IT solution today that can ascertain whether an individual is the rightful owner of a valid ID. With that said, annual lender losses of an estimated $1 billion make a compelling case for trying.
LexisNexis Sees Private Future for Public Record DataAugust 23, 2002As data gains "currency" as a means to perpetrate fraud and other crimes, new controls over who can access information and how it can be used are likely to emerge, according to LexisNexis' chief privacy officer.
