Looking for case studies and other content tools to help you navigate the transformation of your commercial banking process? You’ve come to the right place.
Cash flow data derived from bank statements has become an imperative input to SMB lending. In our previous blog, we argued that the use of cash flow data extracted from bank statements has come of age. Why has this happened all of the sudden? It is new AI and machine learning approaches that have made this existing but under-utilized data source more…
The challenges in small business lending are well documented. And they just got a lot bigger. Small business – and related lending – is a huge segment of our economy and credit landscape. But – amounts are small, information is opaque, making the economics challenging and the customer experience prone to disruption. Risk of business…
Artificial Intelligence (AI) is a much talked about phenomenon these days. Our sense is that for most people it is still a fairly abstract or esoteric idea. We thought we would spend some time breaking it down, specifically as it relates to small business lending. Let’s start with a primer Artificial Intelligence is the science…
2020 was a crazy year There is no need to belabor the point with superlatives. However, some usage data from across the JUDI platform is quite interesting: In April 2020, (as the economy was grinding to a halt and small business lending was being nationalised in both Canada and the US), application volumes fell by…
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