Fintech Confidential’s Post

How does Octane make better lending decisions? 🤔 "There's no review, like the dealer calls and says, Oh, this is a really good customer trust us. No, it's all about data and modeling. And so we bring in as many data sources as we can, but that's everything from the obvious like credit bureaus to the less obvious alternative data sources. And then we develop very sophisticated machine learning models that decisioning and they help us decide everything from what kind of credit offer, if any, do we want to make." - Mike Dushane, Chief Product Officer at Octane® Octane® uses advanced data and modeling to make smarter lending decisions. By incorporating both obvious and less obvious data sources, they create sophisticated machine learning models. This ensures every credit offer is precise and fair. 🧠💼 Stay ahead in fintech by signing up for Fintech Confidential updates at https://lnkd.in/dUBRYH5d 📩 1️⃣ Comprehensive data usage 2️⃣ Advanced machine learning models 3️⃣ Precise credit offers Learn more about Octane®'s data-driven approach in the latest episode of Accrued, a Fintech Confidential series presented by LoanPro, hosted by Tedd Huff & Colton Pond. #fintech #lending #loanprocess #Octane #instantloanapproval #datadrivenlending #onlineloans #MikeDuShane #TeddHuff #ColtonPond #LoanPro #financing #customerexperience #automatedlending #fintechtrends #machinelearning #loantechnology #easyloans #digitalfinance #personalizedlending #RVlending #powersportsfinancing #FintechConfidential #AccruedSeries #financialtechnology Tedd Huff DD3 Media Fintech Confidential

Tedd Huff

Speaker | Fintech OG | GSD Change Agent | Not a Consultant, Your Trusted Fintech Advisor That Guy who knows how to take your fintech to next level valuations and then makes it happen.

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