Lending

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Five Predictions for the Mortgage Origination Market

Generally, prediction posts for the mortgage industry opine on the direction of interest rates and inventory availability: this is not one of those posts. In fact, this is not really a set of predictions, but rather observations of trends, which…

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Efficiency, Flexibility and Responsiveness Are Key to Successful SMB Lending

John Blog
As we wait for life to get back to normal once the pandemic ends, navigating continued uncertainty in the meantime, one thing is clear: there will be a "new normal" shaped by the global health crisis. According to BDO's…

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Document Capture in Fintech: Moving from Process Automation to Predictive Modeling

Document Capture in Fintech Moving from Process Automation to Predictive Modeling Blog
Six years ago, I wrote about the changing value proposition for advanced document capture, which I referred to as Capture 3.0 and applied horizontally across industries.  This perspective was an extension of the industry’s definition of digitizing unstructured content. The…

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Introducing the Small Business Recovery Index

Scott
Last month marked the end of a seven-month run of job market gains. Even with the recent gains, more jobs have been lost — nearly 11 million — than were cut in the wake of the 2008-09 Financial Crisis, where…

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The average American’s FICO score rose to 710 in 2020. Here’s what FICO scores aren’t telling you

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The average FICO score of an American consumer rose to 710 in 2020, an all-time high. At first glance, this number defies intuition. Are consumers better qualified than ever to take on additional debt? If so, why did 71.7% of…

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PPP Loan Forgiveness

Ethan SBA PPP
  The SBA announced PPP changes, here’s what lenders need to do.    As lockdowns hit America, the Paycheck Protection Program spun into action to protect jobs, as the name suggests. In doing so, it created the largest lending program…

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The Future of CX: How companies can step up their customer experiences. Perspectives from Brex, Plaid, Stage 2 Capital, & Ocrolus

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Four fintech and small business funding experts came together on October 15 to discuss the future of customer experience and how their companies are adapting in realtime. Hundreds of attendees joined the virtual roundtable to learn how leading fintechs are…

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

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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

In the News 1 copy
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

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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…

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