Posts by Kosta Patsan
Technology is changing the business of lending — and the gap is widening
Banks are increasingly relying on technology to gain operational efficiency. Tech-savvy fintechs are hungry for market share. Smaller lenders are being squeezed as the cost of adopting new technology becomes prohibitive. $100K scoping studies? $1M+ for software? 3-year implementation projects? There is a better way.
Read MoreWhy a 4-minute loan approval changes everything for your borrowers
Applicants completing a mortgage application in under 4 minutes. Credit decisioning, serviceability calculations, AML & KYC checks, bank statement analysis and risk-based pricing — all performed instantly. This is not a future state. This is available today.
Read MoreEasyRule™ V5: how machine learning is transforming credit decisioning
EasyRule™ Credit V5™ incorporates machine learning in two specific ways: forward projections that anticipate credit outcomes, and “what if” scenario analysis for regression. Here’s how it works in practice and what it means for your credit quality.
Read MoreCRM vs origination platform: why the distinction matters for lenders
A great deal has been said recently about CRMs and their purported origination capabilities. A CRM is about capturing data. An origination platform is about interpreting it, running credit rules, guiding workflow and producing instant decisions. They are fundamentally different tools.
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