While the inflation rate has been steadily slowing down heading into 2024, Canada is still working its way out of an unprecedented housing crisis as Canadians feel the sting of higher rents, mortgage payments and property taxes. [Read more…] about Steering Through Economic Challenges: Canadian Financial Services in 2024
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Financial Services Executives Express Concerns Over Risk Decisioning Amid Rising Credit Default and Fraud Rates
As credit default and fraud rates rise, 70 percent of financial services executives are not confident in their ability to modify risk decisioning quickly to keep pace with shifts in consumer behavior and the economy. [Read more…] about Financial Services Executives Express Concerns Over Risk Decisioning Amid Rising Credit Default and Fraud Rates
The Canadian Lending Market in 2023: Embracing Economic Uncertainty and Mitigating Risk Through Advanced Technology
Worldwide there continues to be increasing signs of economic uncertainty – layoffs in multiple sectors, stock market fluctuations, rising interest rates, and escalating inflation. [Read more…] about The Canadian Lending Market in 2023: Embracing Economic Uncertainty and Mitigating Risk Through Advanced Technology