Large U.S. Bank Achieves 30%+ Reduction in Average Quarterly Dispute Rate After Using Data Quality Scanner®
As the regulatory focus on credit reporting compliance continues to increase, lenders need to do more to mitigate both the risk of compliance issues and the costs of managing credit bureau disputes. In this case study, we show how a large, super-regional bank was able to achieve a 30%+ reduction in average quarterly dispute rate […]
Automated Tool (Data Quality Scanner®) Reduced Credit Reporting Discrepancies by 90 Percent
As federal and state regulators increase pressure on data furnishers to ensure the completeness and accuracy of credit reporting data, organizations are spending increasing amounts of time and resources to stay in compliance. The Data Quality Scanner® solution (DQS) leads the industry in quickly and accurately assessing Metro 2® and other NSCRA file formats to […]
