Commercial banks and lenders need access to small business credit and payment data in order to help reduce risk, make smarter lending decisions and optimize performance. But accessing that data is just the first step.
For true lending success, data must also translate into customizable, actionable insights that increase predictiveness of business credit risk. In addition, lenders need to be able to configure scores, rules and models to help meet unique business requirements, situations and strategies.
Lenders can help solve these challenges with the Commercial Financial Network (CFN). It offers lenders access to multiple and configurable data sources. Furthermore, these sources extend beyond traditional financial information with trended attributes and NeuroDecisionTM Technology (NDT) to help tailor models specifically to their needs.