Lenders make profits if borrowers repay the amount financed with interest. To minimize their risk, lenders need to identify borrowers least likely to default on their loans. The objective of credit evaluation is to determine the probability of default based on available sources of information. Lenders and researchers have spent a large amount of time and effort in building sophisticated algorithms for credit evaluation. Some of them are too complex to implement, others require a lot of manual effort making it unfeasible for consumer lending. In the consumer lending business, deal sizes tend to be small (micro ticket), requiring quick turnaround times. Credit evaluation models need to be implemented keeping in mind ticket size and turnaround time. In some markets, accessing reliable information for credit evaluation is a challenge.

Hybrid Lending

The Lending Domains are challenged by new players with better lending experience and a new way of risk assessment. Cloud, Big Data, Machine Learning, and Automation are bringing process efficiencies and transformed borrower experience. (Hybrid Lending)

Hebrew Free Loan – Lending A Hand To Our Community

As a nonprofit interest-free lender, our practices, collections and repayment policies and systems fall far outside of the norms of the lending industry, so it was imperative that our new lending software is adaptable. We found CLS to be highly customizable, and it...

SME lending: “Application to funding must be digital”

Traditional lenders have steered clear of the SME market in recent years – but that’s changing. Bobsguide spoke with William Wagner, vice president of marketing at Cloud Lending Solutions, to find out more.

Accion : Streamlines Small Business Lending

Accion in the U.S. leverages Cloud Lending Solutions front-to-end platform to streamline and automate their small business lending (SMB) and get a 360 degree view of their borrowers for better business and lending decisions

Fujitsu: Digital Transformation of Banking Services

Digital technologies are moving into the heart of everything we do. Digital transformation is rapidly changing the way we work and live. Digital transformation is the reinvention of business processes and business models, and the creation of new value, using the...

Fujitsu: Digital Transformation 2018 Survey

Taking a snapshot of that changing business landscape, Fujitsu’s Global Digital Transformation Survey 2018 questioned 1,535 CxOs and decision-makers at large and mid-sized companies from key industry sectors spread across 16 countries worldwide.
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