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Published on 3/10/2022 Who are we? DecisionLogic is an information services company built around the predictive power of bank statements. We are a leading provider of borrower bank account and identity verification services for lenders and other financial institutions.  Over the years and through hard work and innovation, we have become bank statement experts. Our Instant Account […]

Published on 1/10/2022 Understanding Instant Account Verification (IAV) Instant Account Verification (IAV) is a process that is becoming increasingly popular among lenders, banks, and financial institutions. IAV is used to verify a customer’s identity and their ability to repay a loan or open an account. It is a fast and secure way for businesses to

Published on 3/30/2023 Identity Verification – The DecisionLogic Way Why it’s importantIdentity verification, or IDV as it’s commonly known, is extremely important for many reasons. First and foremost, it’s used for KYC (Know Your Customer), a compliance requirement many industries are required to follow. It breaks down exactly as it sounds. Do you know who

Published on 5/11/2023 Instant Refresh – Bank Data on Demand Bank transaction data on demand, what a great time to be in the financial services industry! Unfortunately, at the same time, not all data returns are equal and anything “in real time” goes stale very quickly. We’ll break this into bite size pieces for you

Published on 6/8/2023 IBV software is a start, but do you have the support required to scale? For lenders, one of the most critical resources to secure is your IAV or Instant Account Verification provider. You need to have access to up-to-the-minute transaction history to make lightning-fast underwriting decisions. Whether you are in Auto lending,

Published on 2/9/2024 Embark on Your Lending Odyssey: A Comprehensive Handbook to Navigate the Seas of Success with Cutting-Edge Tools for Emerging Lenders Ahoy there, future captains of lending success! Ready to set sail into the thrilling and sometimes choppy waters of lending? We’re happy to be your trusted navigators on this epic journey, and

Published on 12/11/2024 Regulatory Compliance Across Geographies and Industries Today’s financial world is exponentially more interconnected, regulatory compliance is no longer a regional concern. Lenders and financial institutions must operate with a global mindset, navigating diverse and ever-evolving standards that vary dramatically across geographies and industries.  The Constant Shifting of Global Regulation From the stringent

Published on 11/14/2024 2025: The Year of the Borrower – A New Era in Lending 2025 is predicted to be a transformative year in lending, marked by the CFPB’s Rule 1033 finalization going into effect in January. This regulation grants borrowers unprecedented control over their financial data, shifting the balance of power in lending. Traditionally,

Published on 10/10/2024 The 411 on 1033: What the New CFPB Regulation Means for You You may have noticed a lot of excitement around the big news in the financial world. Have you tried reading the articles and still have no clue what’s up? The regulation isn’t even released yet and you are already confused?