The SMB Lending Landscape Today

On average, small and medium business (SMB) owners have less than one month of cash buffer[1]. So when a new opportunity comes around to invest in expanding–or additional cashflow is required to sustain the business through a dry spell–SMBs apply for a loan in order to keep the business running.   Most small business loans…

Yes, Canada, Open Banking is Working in Britain

A new article from the Globe and Mail highlights how open banking is working in Britain, noting benefits already observed and one very important lesson learned Canadian lawmakers should take note of.  If you want to skip our summary and read the whole article, click here. And, if you don’t subscribe to the Globe and Mail, don’t…

Lending to the Gig Economy: 3 Key Things To Note

Lending to the gig economy doesn’t have to be difficult! In this post you can expect to learn: What is the gig economy? What are the needs of these workers? How you can innovate your lending practices to accommodate this group. The gig economy is growing The gig economy is steadily growing with no signs…

How to Keep your SMB Loan Book Profitable

Making an SMB loan book profitable  You can grow a profitable SMB loan book quickly and efficiently, but you have to be prepared to change your processes if they aren’t already automated. Expectations around the customer journey are constantly evolving. As a result, consumers now expect instant gratification in the services they receive from institutions…

Partnering with a FinTech

Digital transformation has made headline news across many financial publications and the message is always the same: FI’s beware! Embrace digital transformation or risk becoming irrelevant. However, the digital transformation of any financial institution is a BIG job and there are so many FinTechs out there…so where should you begin? At JUDI.AI we equate your…