Fintech Lending 101 Lesson 1- Defining The Digital Lending Value Chain by Greg Krasnov

“I have nothing new to teach the world.”  (Mahatma Gandhi)P2P …  AltScoring… CMS… Comparison Sites … Platforms… There is too much confusing terminology and business model “drift” surrounding the digital lending domain these days.  Thus, I’ve decided to put together a series of articles to demystify the Digital Lending vertical of the Fintech industry.  I hope … Continue reading Fintech Lending 101 Lesson 1- Defining The Digital Lending Value Chain by Greg Krasnov

Fintech Lending 101 Lesson 2 – Client Origination in the Age of Digital Lending by Greg Krasnov

“Shallow men believe in luck. Strong men believe in cause and effect.”  (Ralph Waldo Emerson)Loan origination is the process by which a borrower applies for a new loan, and a lender processes that application. To understand origination, we need to introduce two additional concepts: “Channel” and “Front End.”“Channel” is a method used by a company to … Continue reading Fintech Lending 101 Lesson 2 – Client Origination in the Age of Digital Lending by Greg Krasnov

Fintech Lending 101 Lesson 3 – Alternative Scoring – Friend or Foe? by Greg Krasnov

Imagine you are riding on the underground and you receive a text message: “Warning! Be careful! You are sitting next to an untrustworthy person.”  Better yet – imagine the person sitting next to you receives such a message with your photo included.Chills down your spine? For sure.  Real? Very.  This is already happening in China.Technology has given … Continue reading Fintech Lending 101 Lesson 3 – Alternative Scoring – Friend or Foe? by Greg Krasnov

Fintech Lending 101 Lesson 4 – “To bot or not to bot” – Ops and Collections in the age of AI by Greg Krasnov

“Good morning Sir.  This is Siri.  I have a reminder from your bank that your loan payment of $356.89 is due tomorrow.  Would you like me to make the payment for you?” – “Yes, Siri.” – “Thank you, Sir, your payment has been made.” Far-fetched?  Not really.  I believe that we are only 3-4 years … Continue reading Fintech Lending 101 Lesson 4 – “To bot or not to bot” – Ops and Collections in the age of AI by Greg Krasnov