How's it going? Right cable? Nice to meet you likewise. So Ryan,
so we've been talking to different people throughout the morning about
their experience where they're from. So, where are you
from? And what company are you with? I'm I work with money thumb.
We convert PDF bank statements into an
underwriting scorecard and I live in Las Vegas, believe it
or not.
People actually do live there. So do you live on the Strip or
do you live on the outskirts? I live a mile from the strip. That's also yeah.
It's pretty awesome. So Ryan good and walk me through your industry
kind of what's in the experience so far this year.
Well, we're in a huge growth mode right now because what we do
is we provide an opportunity for lenders and Brokers
to be more efficient and to do so
by converting their PDF bank statements into an underwritis
in one second. And so for us we've really
seen a huge increase in clients. So
kind of walk me through obviously technology is
key specifically in this industry people want to
get things done faster in regards to the future of this
industry and your industry. Where do you see it going?
Shoot. I mean, I think everybody's going to make a
flight to being more efficient at this point, right? Because
as we go into a period of economic uncertainty then
that obviously creates great opportunity for us.
Everybody's going to focus on what can we
do to be more efficient.
And then kind of walk me through an experience like here like coming to
broker Fair meeting different companies meeting different people. What does
it do for your business? Oh my God. This is a lifeblood of
our business here. I mean, I look around and these are
all our clients right and all the the clients that we
want to have. So I really couldn't do it without
broker.
Let's talk a little bit about the future in regards
to going to events like this and for people that are just starting out
in the industry going to an event
like this. What does it mean to them?
Well, this is where you network. This is where you meet everybody that's
in the industry. And I think what we find in
this industry specifically is everybody is
so giving an open for a free-flowing of
ideas that you really can't miss this
show.
And then last thing is overall. I mean the number
of years you've been doing this for what changes have you
seen and how do you adapt the changes? Because obviously the industry
is in a in a mode of transition. There's a lot of changes going
on. So what changes have you seen and how are you able
to adapt?
And so I've been in this industry for Ralph well
over a decade here. And so we've seen things go from largely
paper applications and scanned statements.
And I mean just the most horrendous looking
applications you could think of
Into much more modern format where everybody's embracing time.
That's a great thing for money them because people
are making a flight
to being more efficient, which is great for
Any new products here to talk about now disclosed now
that you guys are going to be bringing in to the business anything
new that you'd want to kind of attention. Yes.
So we have a new product called thumbprint
which is our pet and pending product that identifies whether
or not a statement is fraudulent or not. Which broad
is on a meteor rise, and
I don't know don't know
what the reason is for that but fraud is just absolutely increasing
and our new product can identify whether
or not a statement has ever been manipulated.
It's very well Brian. Thanks so much for your time. Appreciate it
likewise. Thank you so much again Ryan from money
thumb.