In the small-and-midsize-business lending market, making processes easy is a good way to win borrowers away from competitors. But lending processes with minimized friction also make life easy for fraudsters who are impacting lenders’ balance sheets with a variety of techniques.
Register today and join Aite Group senior analyst David O’Connell for this live one-hour webinar as he highlights some key findings from his recent report, Crime Comes to SMB Lending, the basis of which was a survey fielded by the Small Business Finance Exchange. On hand will for the webinar will be SBFE’s new CEO for a brief introduction of the study, why it was undertaken, and its importance to the SMB lending industry.
Key discussion points will include:
- Overall fraud incident rates in the SMB lending market
- An identification of the most pernicious forms of fraud
- The promise and peril in fraudsters’ breadth of attack vectors
- Insights about how the industry should move forward
David O’Connell is a senior analyst with Aite Group’s Wholesale Banking team, where his primary coverage area is lending. A former commercial lender of 14 years, Mr. O’Connell brings to his lending coverage extensive hands-on and granular knowledge of banks’ challenges in building businesses that lend safely, cost-effectively, and at scale. Broadly scoped, Mr.