How Vancity Grows SMB Membership Through Automated Underwriting
Your risk team spends too much time manually evaluating credit risk. Vancity foresaw the need to automate that process.
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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…
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