Tearsheet interviews Nicole Newlin about gender equality in fintech

Women in fintech still have to work harder to get the same opportunities men get. Organizations like Women in Fintech and NYC Fintech Women are working to change this.

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Sam Bobley, Co-Founder and CEO of Ocrolus – Transforming Documents into Data Analytics

Miguel Armaza sits down with Sam Bobley, Co-Founder and CEO of Ocrolus, an infrastructure company that transforms documents into data analytics with incredible accuracy designed to help financial services companies make high quality decisions at unprecedented speed.

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How Mortgage Fintechs Are Using AI for Equitable Decision-Making

“It’s the idea that not everything can be properly captured through a single document but potentially through a varied composition of data fields and documents that could ultimately lead you to a very qualified borrower,” said Sipho Simela, head of…

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5 North American FinTechs Worth Keeping an Eye On

FinTech is a portmanteau of the terms “finance” and “technology” and refers to any business that uses technology to enhance or automate financial services and processes. North America is no stranger to technology and innovative companies. Here is a list…

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David Snitkof: 3 Ways to Use Technology to Reduce Bias in Mortgage Underwriting

Despite federal legal protections against credit discrimination, disparities based on race, marital status, gender, and sexual orientation persist in the mortgage lending process. In 2019, 16% of Black applicants and 12% of Hispanic applicants were denied mortgages, compared to only 7%…

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Fintechs Optimistic About Biden Presidency Amid Increased Focus on Industry

Sipho Simela, head of mortgage strategy at Ocrolus, the New York-based fintech, said: “Following the results of the election, a massive change could be on the horizon for mortgage lending best practices. We could see an environment where the overall supply…

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Biden Wins, But His Fintech Policy Faces Partisan Headwinds

“The Consumer Financial Protection Bureau could be impacted immediately by the election outcome,” said Sipho Simela, head of mortgage strategy at Ocrolus. “Presumably a Biden administration would want to strengthen the power of the CFPB.”

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Why AI is No Longer Optional for Community Banks

For the PPP, Cross River Bank worked with more than 30 partners, including Divvy, Veem and Intuit, to build a platform that could interact with Small Business Administration (SBA) through the Cross River APIs, or application program interfaces. Integrating tech…

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Google, IBM Rush to Sell Banks Cloud Software

With this product, the company is taking on mortgage origination software providers like Blend (which has 250 bank customers of its digital lending platform) and document-imaging and entity-extraction software like the popular Ocrolus, which many banks use to handle document…

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Stepping Up the Fraud Prevention Game: An Interview with Sam Bobley, CEO of Ocrolus

Sam Bobley, CEO of New York-based fintech Ocrolus, recently spoke with The MORTGAGE BANKER Magazine about how lenders can reduce the likelihood of fraud through upgraded processes that catch fraud quicker and more seamlessly.

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