Articles by Srividya Kalyanaraman
It’s Here: Artificial Intelligence Changes MCA Broker’s Business, Improves Bank Underwriting and Debt CollectionNovember 22, 2016
In this age of man versus the machine, the case for artificial intelligence and machine learning does not need many vociferous advocates. Some predict that revenues from fintech startups using AI and predictive models is set to jump by 960 percent or to $17 billion by 2021. We might be closer to that number than […]View Post
As the year draws to a close sending everyone into a dizzying holiday frenzy, funders are prepared to fire on all cylinders to fuel their retail customers with cash. The last quarter is crunch time for funders alike, who start preparing months in advance — designing new products, marketing and selling them. deBanked spoke to […]View Post
For funders, their first deal can be significant in establishing client relations, kicking off a corpus and setting priorities for credit policies and as we found out, teach them valuable lessons.
The use of data and technology for assessing risk shows promise for new borrowers, safer bets and fewer delinquencies. Big data has been credited for overhauling traditional lending models and ushering in a new crop of lenders that do not shy away from risky businesses and low credit scores. But has it been successful in […]
As of last year, 98 percent of Canada’s employers were small businesses compared to 0.3 percent (2,933) large companies. Given this and what we know about Canada’s banking oligarchy, dominated by five large banks, it was inevitable that American alternative lenders would go looking for greener pastures in Canada. When OnDeck set foot in the […]
The partnership was an one up for private student lending especially against growing private entrants like SoFi and Commonbond. What it being undone, what’s next?
The bank also misled borrowers on partial payments, increasing in the cost of the loan.
The investment bank named its soon-to-launched online consumer lending venture ‘Marcus’ after its German founder.