Loan Rejection Rates Digging into Revenues? Dig Deep into Data

Posted on May 4, 2018

We're pleased to present this guest blog by Paul Greenwood, CEO and Co-founder of our strategic partner, GDS Link, a provider of technology solutions, analytical and consulting services for the modern lender.

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Tags: lending, AI Lift, credit risk management, Artificial Intelligence, GDS Link

Improve Lending Decisions with Machine Learning

Posted on November 27, 2017

Machine Learning enables computers to recognize patterns and take actions without first being programmed with built-in directives to do so. Machine Learning software “learns” through exposure to data, automatically refining its own ability to recognize and respond to patterns.

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Tags: Machine Learning, lending, white paper

Lend360 Recap: Helping Lenders Stop Rejecting Valuable Accounts

Posted on October 19, 2017

We’re back from the Lend360 Conference, a conference dedicated to exploring every angle of the online lending market.

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Tags: lending, AI Lift, Lend360

Why Lenders Should Focus on Profitability, Not First Payment Default (FPD)

Posted on September 4, 2017

Many non-bank lenders base their lending decisions on predictions about which applicants are likely to incur a First Payment Default (FPD)—that is, which applicants are likely to be late making their first payment on a loan. Lenders assume that by predicting FPD they will be able to predict which applicants are likely to default on the loans entirely, resulting in losses for the lender.

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Tags: lending, First Payment Default (FPD), data waterfall

Lessons from Finovate 2017

Posted on May 22, 2017

At this year’s Spring Finovate conference in San Jose, California, the consensus among attendees seemed to be that this year’s event was interesting, but hardly groundbreaking. The presentations from roughly 60 companies were mostly developments and refinements of ideas that had been presented in earlier conferences.

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Tags: mobile banking, Machine Learning, lending, Financial Services, Finovate, API, Employee Efficiency

LendIt 2017: The Time for Machine Learning Is Now

Posted on March 10, 2017

Photo Credit: LendIt USA

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Tags: Machine Learning, lending, Big Data, LendIt USA

 

 

 

 

 

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