Single-layered security systems are no match against daily fraud threats that attempt to saturate automated defenses with multiple fake applications at once. In the latest "Monetizing Digital Intent Tracker," Ryan Prince, senior data scientist for Elevate, explains why behavioral analytics is a must-add to a...
While the pandemic accelerated the digital shift around the world, it also allowed fraudsters the opportunity to refine and build on their techniques. The Federal Trade Commission reported that in 2021, consumers lost $5.8 billion to fraudsters, but this number most likely is a lowball,...
Welcome to the middle class! Congratulations, you made it! Good luck getting approved for a credit card with that low or nonexistent credit score, though. Traditional lenders may not use this exact phrasing, but the sentiment might as well be on the cover of the...
Elevate Credit, the lending startup that last year delayed its initial public offering, went public late last week, beginning trading on the New York Stock Exchange. According to a report in TechCrunch, the IPO priced at $6.50 a share and finished its first day of...
April 27, 2022
While the pandemic accelerated the digital shift around the world, it also allowed fraudsters the opportunity to refine and build on their techniques. The Federal Trade Commission reported that in 2021, consumers lost $5.8 billion to fraudsters, but this number most likely is a lowball, as much fraud was likely not reported. The variety of […]
April 27, 2018
Welcome to the middle class! Congratulations, you made it! Good luck getting approved for a credit card with that low or nonexistent credit score, though. Traditional lenders may not use...
April 10, 2017
Elevate Credit, the lending startup that last year delayed its initial public offering, went public late last week, beginning trading on the New York Stock Exchange. According to a report in TechCrunch, the IPO priced at $6.50 a share and finished its first day of trading at $7.76, up 19 percent. The shares were expected […]
March 31, 2017
Elevate, the subprime lender based in the U.S., is considering launching an initial public offering (IPO) again thanks to the rally in financial stocks since President Donald Trump won the...
