Zest AI’s Post

With Zest AI Credit Unions can reduce risk 20%+ while keeping approvals constant! “With climbing delinquencies and charge-offs, Commonwealth Credit Union sets itself apart with 30-40% lower delinquency ratios than our peers. Zest AI’s technology is helping us manage our risk, strategically continue to underwrite deeper, say yes to more members, and control our delinquencies and charge-offs.” -  Jaynel Christensen, Chief Growth Officer of Commonwealth Credit Union We look forward to meeting you GoWest Credit Union Association #MAXX2024 from 10/13- 10/16 and chatting with your #CreditUnion on all things lending and how #AI fuels a thriving lending ecosystem. #MAXX #CreditUnionDifference #FinTech #CreditUnions #Lending #LendingTech

Just wrapped up Day 1 of the #CUNA conference in Anaheim! Credit unions are facing increased competition and higher member expectations, making tech solutions essential for standing out. Fintech innovations, such as streamlining operations and integrating AI for enhanced member insights, are crucial for driving growth and engagement. Excited about the future of digital transformation in credit unions! #DigitalTransformation #CreditUnions #Fintech #SolutionsMetrix

Our Head of US Leveraged Credit David Kim recently spoke with Creditflux about the emergence of new CLO managers in the US market and the key to succeeding as a newcomer in this space. You can read the full article here: New kids on US CLO block bring contacts and years of experience (creditflux.com) #PrivateCredit #CLOs #Creditflux Nothing contained herein should be construed as an endorsement of Polus.

The Scanner: Surge in Credit Report Lawsuits has Banks and Credit Agencies Scrambling, CFPB Extends Compliance Dates for Small Business Lending Rule, Approves Rule for Use of AI and Algorithms in Home Appraisals, and Releases its Annual Fair Lending Report to Congress, and more top headlines from this week. Catch up on all of the top news from this week: https://hubs.la/Q02DDVFS0 #banks #consumerlending #compliance #creditrisk #creditreporting #cfpb #fintech #news #industryupdates #TheScanner

We choose to #FightFraud ✊ because we know we’ll win. 🏆 Tomorrow, we’ll tell you how you can win against #AppFraud at the roundtable we are hosting with Fintech Hub LT: To spill the beans, Ester Eggert, our Head of Product, together with Greta Bokmotaitė and Giedrė Žukauskienė, will discuss how better #collaboration can lead #fintechs and #banks to the desired result – less financial fraud, more satisfied customers, and happy regulators. Because to be honest, we just want less work. 🥹 So… if you are planning to join the roundtable, we'll see you there! If not, we’ll share the event summary soon (and we promise to be more serious this time). #IntelligenceSharing #FinancialCrime

The Scanner: Surge in Credit Report Lawsuits has Banks and Credit Agencies Scrambling, CFPB Extends Compliance Dates for Small Business Lending Rule, Approves Rule for Use of AI and Algorithms in Home Appraisals, and Releases its Annual Fair Lending Report to Congress, and more top headlines from this week. Catch up on all of the top news from this week: https://hubs.la/Q02DDTPC0 READER NOTE: If you find this of value, please like, comment, or repost it to your network. #banks #consumerlending #compliance #creditrisk #creditreporting #cfpb #fintech #news #industryupdates #TheScanner

Meet the second member of our #CLABankersSummit crew: Saurabh Job, our VP of Marketing. An expert in the intersection of marketing, data, and business goals, chat with him about how our future-ready, privacy-preserving #customerdata solutions instill trust, agility, and innovation in your #bank or #fintech. Use the Bankers Summit App to set up a meeting with him! Canadian Lenders Association #conference #Ai #fintech #CLA2024

Trust is a significant barrier to lending in many African markets, where lenders may hesitate due to concerns over reliability or repayment. As a result, many individuals and small businesses in Africa struggle to access traditional credit due to a lack of or limited credit history. This is where Creditchek plays an important role; we understand that credit is essential for economic development and by making credit data more transparent, we are fostering a culture of financial literacy, responsible borrowing, reducing exploitation and enabling fintechs to focus on building better financial services that truly meet the needs of African consumers. At the core, our mission is ultimately to bridge the trust gap between lenders and creditworthy borrowers by providing lenders with better information to offer fairer, lower-risk loans to people who previously lacked options.

🤝 From Handshakes to Algorithms: The Evolution of Credit Reporting Credit has come a long way—from personal trust and ledgers to AI-driven scores and alternative data, but challenges like privacy and fairness remain. How do we ensure credit systems drive inclusion, not exclusion? https://lnkd.in/gTk6MPYd #Fintech #CreditReporting #FinancialInclusion

SCANNER SPECIAL EDITION: The team at Bridgeforce Data Solutions would like to wish everyone a Happy Thanksgiving! For this week's Scanner, we are sharing the top headlines from this fall, as determined by our readers. We hope that you enjoy! Read the top stories from the fall and other headlines: https://hubs.la/Q02Zzm6K0 #banks #consumerlending #compliance #creditrisk #creditreporting #cfpb #fintech #news #industryupdates #TheScanner