ZootBlog®
The Best in Financial Technology and More
The Pandemic Paradox: Collections & Recovery in the New Normal
For banks and financial institutions, rising consumer loan delinquency rates and loan charge-offs are putting debt recovery technology in the spotlight.
Using Alternative Credit Data for Financial Inclusion & Scalable Growth
Using alternative credit data to increase access to the financial system benefits financial institutions and credit invisible consumers.
[PODCAST] The BNPL Shift: PayPal’s Response to Consumer Demand
An in depth discussion about the growing consumer sentiment of BNPL and PayPal’s “Pay Monthly” offering in response to consumer demands.
Synthetic Identity Fraud: Hiding in Plain Sight
Fraud detection and mitigation is big business for banks and other financial institutions (FIs). Organizations spend billions annually fighting...
The Financial Literacy of Generation Z
To understand the financial habits and preferences of Gen Z, banks and fintechs must first look at how and where this generation learns about finance.
Battling Bad Actors With Biometrics
Last year, consumers and businesses spent more time online, made more online transactions and began working remotely. That radical and immediate...
Bankers Make Changes As Consumers Shave Debt
Just over a year ago, the scope and scale of the nascent pandemic was emerging. Alarm bells were going off about the impacts of lockdown and...
Banking Evolution: Embracing the Digital Pivot
It has been nearly a year since the coronavirus pandemic upended the world. Every element of our lives has shifted as a result. Work and personal...
Differentiating With Digital Account Opening
In our last blog post, we examined some potential ways you can accelerate digital transformation in your bank or financial institution (FI). In...
A Mixed Bag for Origination in 2020 – Part 1
From national protests to a fraught election cycle to a pandemic that ravaged every corner of our lives,...
Coronavirus and Credit Cards
As the world came to grips with the growing pandemic earlier this year, consumers in the United States were wrestling with more than just the...
Student Loans: Casualty of Covid-19?
Student loans represent a tremendous amount of debt in the United States. As of February 2020, total student loan debt stood at $1.59 trillion,...
Are Auto Loan Borrowers Running Out of Gas?
The financial landscape is changing rapidly, and “auto loans are emerging as one of the hardest-hit categories of credit amid the coronavirus...
Develop Your Digital Strategy for Flexibility & Relevance
In our last post, we noted the importance of reinvigorating and investing in your digital strategy in light of the coronavirus pandemic. While...