If we use a vendor program to screen loan applications and they are insured against defects, we can use them, correct?
What is one example of AI going wrong in marketing?
Will examiners be reviewing AI in exams?
What are some areas that AI will impact compliance?
How will AI help profitability and customer interactions in a small bank?
Will AI be useful in avoiding fraud and AML problems?
I am curious if there is any reasoning behind why a "Red Flag" or any sort of message would not appear on an individuals Credit Report when the Current Address listed on the report does not match what is on their ID (driver's license in this case) nor loan application?
Can we pull a credit report on a past due account when we are trying to skip trace them?
I know some banks do lip service to consumer complaints over credit reporting. What can happen when these are done wrong?
Do you have any suggestions for repeat frivolous disputes?