Post Tagged with: "underwriting"

Mega Social Media Data for Financial Services Has Arrived

Mega Social Media Data for Financial Services Has Arrived

by May 7, 2015 at 11:24 am 2 comments

It wasn’t too long ago that the suggestion that social media data could feed financial services underwriting and products was, well, dubious. Yes, we paid it lip service — isn’t it cool that OnDeck and Lenddo are using social media to make loans? The lip service ends today. Like a slow-moving glacier thatRead More

The Klout to Get a Loan

The Klout to Get a Loan

by July 25, 2013 at 9:39 am 0 comments

Lenddo Lenddo is like Klout for your credit score. Using the number and quality of your social connections to help determine your creditworthiness, Lenddo is looking to bring fair lending to those who might be denied credit from traditional sources. Based in the Philippines, Lenddo has a strong following amongRead More

A Call for National Electronic Financial Records

A Call for National Electronic Financial Records

by October 26, 2012 at 9:58 am 2 comments

I was watching Brett King’s enlightened video introducing his new book this morning, and I found myself nodding in agreement. Yes, the central value proposition of branches seems flawed. But then I pulled up the mortgage refinance “information questionnaire” my loan broker recently sent me. See, I want to refinanceRead More

How Evolving American Dreams Affect Banks

How Evolving American Dreams Affect Banks

by July 31, 2012 at 12:20 pm 0 comments

A white picket fence, two cars and a cottage isn’t the dream of all Americans. Certainly, it’s not mine. (Which is a good thing – I’d be a long way off from affording the lifestyle.) Some simply dream to take impromptu vacations to Costa Rica, while others hope to just buy a solid bed without busting the bank account.

Intuit Exploring Launching Tablet, Mobile Account Openings

Intuit Exploring Launching Tablet, Mobile Account Openings

by July 31, 2012 at 12:15 pm 0 comments

Intuit Financial Services is “actively” working on allowing their customers to open accounts through their mobile, including tablet, applications, Bank Innovation has learned.