“Open banking” credit model

Quickly and accurately predict risk using our proprietary, small business-specific credit model.

judi underwriting science open banking credit model
Home|Underwriting Science
judi underwriting science machine learning ai cashflow

Cash (flow) is king

brush stroke e1685342238717

Powered by Machine Learning, our credit model uses real-time bank transaction data to evaluate creditworthiness, offering a more accurate snapshot into the financial health of a small business.

Proprietary transaction categorization engine

brush stroke e1685342238717

This is part of the AI in JUDI.AI. In about 60 seconds, JUDI collects permissioned banking transaction data and, using Natural Language Processing, organizes it automatically into a real-time synthetic financial statement. No need to collect financials manually!

judi underwriting science proprietary transaction categorization engine
judi smb underwriting science learning cycle

Continuous improvement

brush stroke e1685342238717

This is another part of the AI in JUDI.AI. Building on our years of small business loan performance data, we use Machine Learning to regularly enhance the effectiveness of the credit model.

A better loan decision blends traditional credit data with alternative data that’s proven to be most predictive of risk

brush stroke e1685342238717
judi loan decisioning

Proven performance

brush stroke e1685342238717

Compared to a credit score-only approach, our credit model delivers 20% more approved loans with the same level of risk, or 30% less risk with the same volume of loans.

judi underwriting science proven performance loan papers

“The agencies recognize that use of alternative data may improve the speed and accuracy of credit decisions and may help firms evaluate the creditworthiness of consumers who currently may not obtain credit in the mainstream credit system…”

“…These innovations reflect the continuing evolution of automated underwriting and credit score modeling, offering the potential to lower the cost of credit and increase access to credit.”

Source: Federal Reserve, CFPB, FDIC, OCC, NCUA

Did you know? We can get you up and running with the JUDI platform in less than eight weeks.