kibe John’s Post

Traditional credit checks miss the full story for many small businesses, especially those new or reliant on personal credit and mobile money wallets. SME lenders need a more complete picture. See how AI-powered cash flow analysis combined with credit bureau data empowers faster, smarter lending decisions: https://lnkd.in/dww8gY82 #cashflow #fintech #smefinance #creditassessment

Providing loans is a fundamental business model for financial institutions, but traditional underwriting methods are increasingly ineffective in assessing risk. This inefficiency can lead to numerous loans being approved for applicants with poor repayment capabilities, a situation that contributed to the 2008 global recession. Preventing a recurrence is crucial for lenders, who must ensure loan portfolios remain healthy. In the US, 2.68% of all consumer loans in Q1 2024 have turned delinquent. Machine learning offers a transformative solution by providing more accurate risk assessments and enabling better loan management. Read "How Can Machine Learning Help in Reducing Card Loan Portfolios" on our blog: https://lnkd.in/gdehGRpF #Fintech #MachineLearning #LoanManagement #FinancialStability #RiskAssessment #BankingInnovation #AIInFinance

Want smarter loan decisions? Discover how alternative data and cutting-edge credit underwriting software can revolutionise your lending process: https://lnkd.in/dXYxqUZE #Finezza #Fintech #AlternativeData

Exciting News! We're thrilled to announce the launch of our latest innovation: a cutting-edge Loan Originating System (LOS) tailored specifically for Personal Loans! ✨ Designed to streamline the loan origination process, our LOS empowers financial institutions to: 🔍 Gather applicant information efficiently 📊 Utilize advanced credit scoring algorithms 🔐 Ensure rigorous underwriting standards 📄 Manage documents seamlessly ✅ Expedite loan approval/denial decisions With our LOS, financial institutions can enhance efficiency, reduce processing time, and ensure compliance with regulatory requirements. It's a game-changer for the lending industry! Curious to learn more? Reach out to us today to schedule a demo and discover how our LOS can revolutionize your personal loan origination process. Let's drive innovation together! 💼💡 #LoanOriginatingSystem #PersonalLoans #FinTech #Innovation #LendingSolutions #bank #bankingautomation

We empower lenders by automating tedious tasks and streamlining the entire loan process. Say goodbye to manual drudgery!👋🏻 Focus on what actually matters like growing your business and providing exceptional customer service. Visit our website for smoother lending experience 👉🏻 https://smpl.is/9df79 #appliedai #appliedintelligence #fintech #financialsotions #advancedintelligence #lenders #businessfinance #automation #loanprocessing #automating #lendingjourney #smootherexperience

Despite once being considered a niche alternative to traditional bank loans, the direct lending market has experienced explosive growth in recent years. While there are many factors behind this rapid growth, one key factor is direct lending’s willingness to utilize new technology to streamline processes and reduce costs. ➡️ Swipe ➡️ to find out more about some of the top ways that AI and automation are fueling the growth of the direct lending marker. Then, check out our latest blog to learn more about how AI-powered features in AXIS by AIO Logic can help automate direct lending processes: https://lnkd.in/eEy37SEW

Applied-LMS streamlines the loan application process, resulting in faster approval times. Reduced wait times lead to increased borrower satisfaction and a positive perception of your business. Happy borrowers are more likely to recommend your services to friends and family, expanding your customer base. #loanmanagement #loanapprovals #backgroundchecks #aipowered #loanprocessautomation #appliedai #fintechinnovation #smartlending #digitalbanking #aiinfinance #aitechnology

Embedded financing is reshaping how people receive and make payments and has also made the lending process simpler and more accessible. Ankit Singh, CEO of Vaya Technologies and a leader in the embedded finance space has written an insightful article on the embedded lending value chain. The article illustrates how various key players collaborate to enable credit within digital platforms. Check out the article to learn everything you need to know! https://bit.ly/3Up5Htm

Exciting to have won the Business Lending Innovation Award at the Fintech Breakthrough Awards for 2024! Moodys New Automated Credit Memo for underwriters, analysts and relationship managers is particularly interesting as we continue to invest in ways to streamline lending operations with generative AI applications. #credit #genai #Lending #innovation

Are you a lender looking to #automate credit decisoning for your business? Check out RuleEngine from OneFin, which provides #scorecards and #credit decisioning engine (BRE) to help automate credit #underwriting! We offer in-built analytics, the ability to run any number of BREs in parallel, the flexibility to react to market changes, and rapidly test and deploy new BREs to underwrite loans. We have helped our clients underwrite loans for more than 4 lakh borrowers across a variety of #secured and #unsecured loan products for various #Banks, #NBFCs and new age #Fintech companies... #digitalorigination #RuleEngine #creditpolicyautomation #digitallending #loanorigination #financialinclusion #financialliteracy #digitalindia #OneFin