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. …

Read the Article »

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…

Read the Article »

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 the…

Read the Article »

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…

Read the Article »

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…

Read the Article »

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…

Read the Article »

10 Data Visualizations About The Paycheck Protection Program

Velocity of LendingOver $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 experienced…

Read the Article »

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…

Read the Article »

Data, Duration and Detail: The New Analytics for Small Business Lending

As cities, states, and the nation reopen, small business’ access to capital will be a critical ingredient in recovery.  The colossal pandemic of COVID-19 has had a wide-ranging impact on public health, civil society, and the economy.   In the…

Read the Article »

Trust but Verify: The Questions Lenders Need Answered for PPP Loan Forgiveness

Doveryai, no proveryai –  The Russian proverb that President Reagan commandeered in the 1980s to explain his cold war negotiating strategy–trust but verify- is an apt description of how the Small Business Administration approached the launch of the Payroll Protection…

Read the Article »

Subscribe to our newsletter