Fraud in SMB Lending: It’s Here and It’s Ugly

In the small-and-midsize-business lending market, making processes easy is a good way to win borrowers away from competitors. But lending processes with minimized friction also make life easy for fraudsters who are impacting lenders’ balance sheets with a variety of techniques. 

Join Aite Group senior analyst David O’Connell for this live one-hour webinar as he highlights some key findings from his recent report, Crime Comes to SMB Lending, the basis of which was a survey fielded by the Small Business Finance Exchange. On hand will for the webinar will be SBFE’s new CEO for a brief introduction of the study, why it was undertaken, and its importance to the SMB lending industry. 

Key discussion points will include:

  • Overall fraud incident rates in the SMB lending market
  • An identification of the most pernicious forms of fraud
  • The promise and peril in fraudsters’ breadth of attack vectors
  • Insights about how the industry should move forward

Clients of Aite Group's Fraud & AML and Wholesale Banking & Payments practices can access the full webinar on-demand by logging into our website.

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Fraud in SMB Lending: It’s Here and It’s Ugly Short

July 24, 2019
Wednesday, July 24, 2019 | 11 a.m. ET

David O’Connell is a senior analyst with Aite Group’s Wholesale Banking team, where his primary coverage area is lending. A former commercial lender of 14 years, Mr. O’Connell brings to his lending coverage extensive hands-on and granular knowledge of banks’ challenges in building businesses that lend safely, cost-effectively, and at scale. Broadly scoped, Mr.