Predictable Success Story: MidAtlantic Finance Company
As MidAtlantic Finance developed and improved their technology platform in order to strategically grow, Vice President of Lending Operations Michael Pereira determined that it was necessary to find a solution to reduce risk while growing their asset base significantly. This would work in conjunction with efforts to improve the Client Experience and allow MidAtlantic to focus on their growth initiative while improving their return and overall performance.
In analyzing fraud alerts they’ve received, the MidAtlantic Finance team sees that the solution is catching more issues than they would have on their own. “In the first six months,” Pereira says, “106 alerts have been submitted on almost $874,000 in loan amounts.”