Entries by Sid Thomson

Putting a dent in the student loan dilemma with fintech

Americans are currently saddled with $1.5 trillion dollars of student debt. $1.5 trillion dollars. This is no longer a personalized problem, only affecting a few people here and there. It’s a crisis. The good news? Debt relief programs, including employer-issued benefits, are cropping up. But before we can look at those, it’s important to understand […]

A Key to Reducing Lending Fraud

Lenders have long faced daily attacks in the form of fraudulent applications, doctored statements, and fake identities. Due to the lack of in-person interactions, online financial institutions and digital lenders have an added threat to contend with while doing business in cyberspace. Without face-to-face interactions, fraudsters and thieves attempt to use stolen identities and fictional […]

Finicity broadens access to VoA reports

By Sid Thomson, VP of Product At Finicity, we’ve been amazed at the positive response to our digitizing the verification process through our asset and income reports. After all, who doesn’t want to move away from the days of phone calls and emails to chase down statements and documents needed for verification. Today we announced […]