NEXT Tech Showcase: Ocrolus’ Verification of Employment Solution

NEXT is an incredible organization that’s focused on advancing women executives in mortgage. They created the first mortgage industry event specifically for high-ranking women executives and now produce ongoing content and events. Having gone to the NEXTWINTER20 event in…

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Lending After Lockdown: How Small Businesses Can Improve Their Creditworthiness: Perspectives from Lendio, Cross River Bank, Kapitus and Ocrolus

Five fintech and small business funding experts came together on August 11 to discuss the future of small business lending post-Covid. Hundreds of  attendees joined the virtual roundtable to learn how agile lenders are setting new standards for small business…

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Consumers, Cars & Credit: The Auto Loan Market Reveals Underlying Trends in Consumer Lending

Cars and credit are two of my favorite topics. Last week, I spoke to Ed Garsten at Forbes to share thoughts on tightening underwriting standards in auto finance, along with the deeper trends driving evolution in consumer credit more broadly. …

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New Tutorial Video: Intro to Ocrolus Analytics

The magic of Ocrolus is that our platform combines artificial intelligence and crowdsourced review to analyze financial documents with 99+% accuracy and automatically deliver a robust set of 75+ analytics via web-app or API. When it comes to making the most…

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2020 Fintech Lending Market Map

We’re extremely excited to publish Ocrolus’ 2020 Fintech Lending Market Map. At Ocrolus, we have been helping lenders automate their underwriting and improve the quality of their credit decisions for nearly five years, and we have gained tremendous insight along…

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Business Insider Features Ocrolus in List of 38 Breakout B2B Fintech Stars

As featured in Business Insider’s article, “Investors say these 38 fintechs are the next generation of breakout B2B stars, following in the footsteps of Stripe and Plaid.” (subscription required.) Ocrolus is honored to be featured in Business Insider’s list of…

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Adapting to the Rise of Non-Traditional Borrowers

The gig (economy) is up! New research shows self-employment and gig economy working in the U.S. is on the rise. In a collaborative study, Intuit Quickbooks and Gallup found that self-employment is at an all-time high, with a record-breaking 44…

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Global Fraud Offers Lessons for Protecting COVID-19 Relief Programs

In order to provide over $600 billion of timely capital to businesses affected by COVID-19, the Small Business Administration (SBA) needed to supercharge its processing of loan applications. As it increased throughput by nearly three orders of magnitude, the SBA…

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10 Data Visualizations About The Paycheck Protection Program

Velocity of Lending Over $500 billion of funds have been disbursed in only a couple months.  This is particularly massive, considering that the SBA lent $28 billion in all of 2019.  As we can see in this graph, the program…

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Developer Resources: Enabling Access to Actionable Data

At its core, lending is a business of decision-making under uncertainty and managing asymmetric risk. To establish and maintain profitability, lenders must optimize the ratio of performing to non-performing customers and price risk appropriately (i.e., setting rates and terms). Actionable…

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