Virtual Classrooms in 2020 Means Working Parents Won’t Catch a Break

Vik Dua, chief operating officer at fintech company Ocrolus in the Financial District, is trusting his employees to organize their workloads and schedules around the best use of their time. “Family comes first here,” he said, noting that the company’s philosophy…

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How New York’s Fintech Startups Plan to Cash in on PPP Loan Spotlight

When small businesses grew frustrated in the spring with waiting in line for federal Paycheck Protection Program loans from JPMorgan Chase and Bank of America, some turned to digital lenders approved to originate the funds, such as Square and Cross River Bank. That provided an opportunity not…

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Tightening Auto Credit Slows Sales Rebound

Don’t blame lenders’ skittishness entirely on Covid-19, said David Snitkof, Vice President, Analytics at New York-based data analysis firm Ocrolus. He points out that delinquency rates for auto loans, measured by 90-day delinquencies, “are up to recession-era levels. That’s not all…

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The Fintech 250: The Top Fintech Companies Of 2020

CB Insights has unveiled the third annual Fintech 250 — a list of 250 of the top private fintech companies using technology to transform financial services. The 2020 Fintech 250 cohort has raised approximately $49.2B in aggregate funding across nearly…

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‘Super Sellers’ Housing Market Raises Fraud Risk to 13-Month High

“With a sharp increase in fully online transactions, lenders need to be more proactive than ever when it comes to fighting fraud,” Sam Bobley, CEO of Ocrolus, said in a statement to NMN. “The good news is that lenders can…

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Rooting Out Racism in AI Systems — There’s No Time to Lose

“Even if an algorithm itself is unbiased, that does not mean it couldn’t be used in unethical ways,” said David Snitkof, vice president of analytics at Ocrolus, which is developing AI for loan underwriting. For example, if a lender were…

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Partnering for Women’s Equality: Ocrolus & NYC Fintech Women

Ocrolus is proud to support NYC Fintech Women, a community of women fintech executives, founders, and engineers, who are opening Wall Street’s doors. Learn more about NYC Fintech Women and how our organizations are partnering to promote and elevate female…

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Wealthtech Weekly For 08/18/2020

Ocrolus announced that it has been named to the annual Inc. 5000 list as the 30th fastest growing private company in America. The company ranks as the fourth fastest growing private company in New York, and the sixth fastest growing…

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These Are NYC’s 5 Fastest-Growing Tech Companies, According to Inc.

Inc. just unveiled its latest Inc. 5000 list identifying the fastest-growing startups across the country, and New York City tech companies were well represented in this year’s ranking. The magazine’s list, released Wednesday, includes privately held, U.S.-based companies that were founded and…

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Inc. Named Ocrolus 30th Fastest Growing Private Company in America

Inc. Named Ocrolus 30th Fastest Growing Private Company in America The NYC-based financial technology company grew nearly 8000% over the last four years and has expanded its team to enable 24/7 support for fintech and mortgage lending customers NEW YORK, August 12,…

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