all blogs

all blogs

LendAPI Platform Update v2.2.3 - v2.2.6
LendAPI Platform Update v2.2.3 - v2.2.6
LendAPI Platform Update v2.2.3 - v2.2.6

Product Update

Product Update

LendAPI Platform Update v2.2.3 - v2.2.6

LendAPI Platform Update v2.2.3 - v2.2.6

In the past two weeks, we’ve been focusing on more enhancements and getting ready to deploy some cool new features to our platform. There will be additional integration partners coming online as well. 

We dedicate these two releases to all of our customers that are constantly giving us ideas and feedback to make our platform stronger and resilient. Thank you.

Jun 21, 2024

Jun 21, 2024

LendAPI FinTech 100
LendAPI FinTech 100
LendAPI FinTech 100

Press Release

Press Release

LendAPI FinTech 100

LendAPI FinTech 100

We are celebrating 100 most conceited fintech partners at LendAPI! In the past 100 days, we’ve partnered and worked with these best of breed fintech companies that expands access to credit for 8 billion people around the world.

Jun 12, 2024

Jun 12, 2024

Product Update

Product Update

LendAPI Platform Update v2.2.0 - v2.2.2

LendAPI Platform Update v2.2.0 - v2.2.2

Jun 9, 2024

Jun 9, 2024

New Client Announcement - June 2024
New Client Announcement - June 2024
New Client Announcement - June 2024

New Client Announcement

New Client Announcement

New Client Announcement - June 2024

New Client Announcement - June 2024

We are thrilled to onboarding another client in their personal finance space. We’ve known this team for a long time and they put together another awesome portfolio with all the industry stars behind it. We are happy to launch them on LendAPI.com and take advantage of all aspects of the platform.

Jun 8, 2024

Jun 8, 2024

LendAPI Platform Update v2.1.9 - v2.1.10
LendAPI Platform Update v2.1.9 - v2.1.10
LendAPI Platform Update v2.1.9 - v2.1.10

Product Update

Product Update

LendAPI Platform Update v2.1.9 - v2.1.10

LendAPI Platform Update v2.1.9 - v2.1.10

Jun 8, 2024

Jun 8, 2024

LendAPI Platform Update v2.1.7 - v2.1.8
LendAPI Platform Update v2.1.7 - v2.1.8
LendAPI Platform Update v2.1.7 - v2.1.8

Product Update

Product Update

LendAPI Platform Update v2.1.7 - v2.1.8

LendAPI Platform Update v2.1.7 - v2.1.8

We have so much to catch up on since late May. We’ve done multiple releases and I want to make sure you guys get the latest platform updates, slowly but surely.

We can’t thank you enough for the constant feedback. Our most demanding customers are the ones that will make us better so I thank you. 

With that feedback, we are spending more time hardening the system as well as bringing out more features and integration partners constantly and here are updates on LendAPI platform releases already in production.

Jun 8, 2024

Jun 8, 2024

LendAPI Completes Integration with Experian's Clarity Services
LendAPI Completes Integration with Experian's Clarity Services
LendAPI Completes Integration with Experian's Clarity Services

Press Release

Press Release

LendAPI Completes Integration with Experian’s Clarity Services

LendAPI Completes Integration with Experian’s Clarity Services

To continue LendAPI’s mission and make more integrated partnerships available through our credit decision engine, we celebrate the completion of our complete Experian’s Clarity Services integration project. Clients can start using their credit scores and attributes today!

May 21, 2024

May 21, 2024

Product Update

Product Update

LendAPI Product Update v2.1.4 - v2.1.6

LendAPI Product Update v2.1.4 - v2.1.6

Hey folks, we’ve been busy taking care of you guys and we’ve onboarded another fellow client and in talks with a bunch of other banks and non-bank customers. Your recommendations and word of mouth referral are helping us and we want to thank you guys! The more customers we onboard the more we learn and the more our platform improves. 

And what other ways to share our joy than another round of platform upgrades and feature releases. LendAPI released three more iterations of the platform and we are here to explain to you all the goodies that’s been released into our production system.

May 19, 2024

May 19, 2024

Perspective: Equifax 2024 and Beyond
Perspective: Equifax 2024 and Beyond
Perspective: Equifax 2024 and Beyond

Perspective

Perspective

Perspective: Equifax 2024 and Beyond

Perspective: Equifax 2024 and Beyond

We received our guests from Equifax’s technology, product, and risk teams this past week and we’ve seen some of their latest offerings both in infrastructure, operations as well as their core offerings in terms of credit risk models, attributes.We also saw their new offerings as result of their acquisition of TeleTrack as well as DataX. We are thrilled to have them on site and here are some of our hot takes of what we saw.

May 11, 2024

May 11, 2024

LendAPI Product Update v2.1.0 - v2.1.3
LendAPI Product Update v2.1.0 - v2.1.3
LendAPI Product Update v2.1.0 - v2.1.3

Product Update

Product Update

LendAPI Product Update v2.1.0 - v2.1.3

LendAPI Product Update v2.1.0 - v2.1.3

LendAPI is entering its 3rd month in business and we have signed up a new client in the personal loans space. These fine folks are into near prime and subprime loans. They are using our decision engine as well as our scoring engine to execute their latest underwriting strategy. Our data science and engineering team worked hand in hand to get all the APIs and endpoints modified and ready to roll. As we venture further into May 2024, we are hoping to onboard more clients that utilizes our Product Studio as well as our Rules Studio. Stay tuned for more good news.

May 10, 2024

May 10, 2024

LendAPI - New Client Announcement
LendAPI - New Client Announcement
LendAPI - New Client Announcement

New Client Announcement

New Client Announcement

LendAPI New Client Announcement - May 10th 2024

LendAPI New Client Announcement - May 10th 2024

We are thrilled to onboard our newest clients in the personal lending industry. This client specifically addresses the need of subprime and near prime clients nationwide.

May 10, 2024

May 10, 2024

LendAPI Credit Decision Engine - User Permissioned Data
LendAPI Credit Decision Engine - User Permissioned Data
LendAPI Credit Decision Engine - User Permissioned Data

Credit Decision Engine

Credit Decision Engine

Credit Decision Engine - User Permissioned Data

Credit Decision Engine - User Permissioned Data

User permissioned data is gaining popularity and acceptance. In this article, we will talk about the history of user permissioned data, some of the major players in this space and how your credit decision engine must be ready to ingest this information through widget integration as well as API integration.

May 10, 2024

May 10, 2024

LendAPI Credit Decision Engine - Waterfall Strategy 101
LendAPI Credit Decision Engine - Waterfall Strategy 101
LendAPI Credit Decision Engine - Waterfall Strategy 101

Credit Decision Engine

Credit Decision Engine

Credit Decision Engine - Waterfall Strategy 101

Credit Decision Engine - Waterfall Strategy 101

Waterfalling your credit underwriting rules saves both money and reduces compliance risk. In some cases, it can help you to increase your conversion rate and upsell more products. In this article, we will talk about what is a waterfall strategy and why it’s important.

May 6, 2024

May 6, 2024

Credit Decision Engine - The World of Caching
Credit Decision Engine - The World of Caching
Credit Decision Engine - The World of Caching

Credit Decision Engine

Credit Decision Engine

Credit Decision Engine - The World of Caching

Credit Decision Engine - The World of Caching

The ability to cache data will save banks and lead aggregators a lot of time and money. While reducing operating cost and compliance issues, the caching layer of your decision engine will greatly speed up your decision making process and deflect fraud attempts.

May 4, 2024

May 4, 2024

Credit Decision Engine - Beyond Rules and Models
Credit Decision Engine - Beyond Rules and Models
Credit Decision Engine - Beyond Rules and Models

Credit Decision Engine

Credit Decision Engine

Credit Decision Engine - Beyond Rules and Machine Learning Models

Credit Decision Engine - Beyond Rules and Machine Learning Models

The most important aspect of a credit decision engine today is the ability to run multi-threaded risk and product strategies. In this article, we will address these use cases that goes beyond the ability to execute rules and credit risk models.

May 4, 2024

May 4, 2024

LendAPI Product Update v2.0.4 - v2.0.10
LendAPI Product Update v2.0.4 - v2.0.10
LendAPI Product Update v2.0.4 - v2.0.10

Product Update

Product Update

LendAPI Product Update v2.0.4 - v2.0.10

LendAPI Product Update v2.0.4 - v2.0.10

In the past few weeks, we managed to fire off 6 rapid releases. Why? Because we constantly listen to our client’s feedback and solve real issues as opposed to massaging button colors (we will get to that shortly). April 2024 has been an interesting month for us, the sun and the moon did ellipse. As consumers' attention span gets shorter and shorter, digital onboarding must take on a whole new meaning. We will be the one app that rules them all (for banks that is).

Apr 30, 2024

Apr 30, 2024

What are the steps in the loan origination process?
What are the steps in the loan origination process?
What are the steps in the loan origination process?

Loan Origination Software

Loan Origination Software

What are the steps in the loan origination process?

What are the steps in the loan origination process?

What are the steps in the loan origination process? In this article, we will break this down into three simple steps. From marketing to loan servicing and everything in between. We will dive into the latest technology that helps banks and consumers to get their loan decision as quickly as possible. 

Apr 21, 2024

Apr 21, 2024

LendAPI completes pentest with Pentest Tools
LendAPI completes pentest with Pentest Tools
LendAPI completes pentest with Pentest Tools

Press Release

Press Release

LendAPI completes penetration test with Pentest Tools

LendAPI completes penetration test with Pentest Tools

LendAPI is committed to the security and privacy of our client’s data. Our commitment goes beyond SOC2 audits, we have completed our penetration testing and we will continue to report to everyone our platform’s performance as we move forward. 

Apr 20, 2024

Apr 20, 2024

LendAPI and Proce launches 3 click digiral onboarding process
LendAPI and Proce launches 3 click digiral onboarding process
LendAPI and Proce launches 3 click digiral onboarding process

Press Release

Press Release

LendAPI and Prove launches 3-click digital onboarding process

LendAPI and Prove launches 3-click digital onboarding process

Yes, we can't believe it either until it is done! Check out this mobile first, 3 click process that makes digital onboarding experience a dream!

Apr 18, 2024

Apr 18, 2024

LendAPI Product Update - v2.0.1 to v2.0.3
LendAPI Product Update - v2.0.1 to v2.0.3
LendAPI Product Update - v2.0.1 to v2.0.3

Product Update

Product Update

LendAPI Product Update v2.0.1 - v2.0.3

LendAPI Product Update v2.0.1 - v2.0.3

While our competitors are sleeping, we are coding. While our competitors are thinking up excuses to delay and rack up their hourly rates, we are releasing features and adding more data providers. These series of releases are no different. We added a bunch of robust features to our decision engine as well as integrated with some of the hottest third party data providers.

Apr 18, 2024

Apr 18, 2024

LendAPI Product Update v2.0
LendAPI Product Update v2.0
LendAPI Product Update v2.0

Product Update

Product Update

LendAPI Product Update v2.0

LendAPI Product Update v2.0

LendAPI enters into a major version increment, 2.0. We look forward to enhancing our decision engine further with new features and new configuration methods to make our decision even more powerful. We can’t wait to launch these new features along with our product roadmap.

Apr 14, 2024

Apr 14, 2024

LendAPI Featured on FinTech Brainfood
LendAPI Featured on FinTech Brainfood
LendAPI Featured on FinTech Brainfood

Press Release

Press Release

LendAPI featured on FinTech Brainfood

LendAPI featured on FinTech Brainfood

Hello and happy Sunday! We are excited to be mentioned on Simon Taylor's weekly publication FinTech Brainfood.

Apr 14, 2024

Apr 14, 2024

LendAPI Product Update v1.9.3 - v1.9.7 - Prove Integration
LendAPI Product Update v1.9.3 - v1.9.7 - Prove Integration
LendAPI Product Update v1.9.3 - v1.9.7 - Prove Integration

Product Update

Product Update

LendAPI Product Update v1.9.3 - v1.9.7

LendAPI Product Update v1.9.3 - v1.9.7

We bring another exciting release(s) to further improve our platform. This time, we've completed our Prove integration and created a LendAPI Prove Widget that our clients can easily use to build their short onboarding application. More to come with our Prove demo. But first, we want to show you what we've been building.

Apr 14, 2024

Apr 14, 2024

LendAPI Product Update v1.9.0 - v.1.9.2 - Merchant Onboarding Builder
LendAPI Product Update v1.9.0 - v.1.9.2 - Merchant Onboarding Builder
LendAPI Product Update v1.9.0 - v.1.9.2 - Merchant Onboarding Builder

Product Update

Product Update

LendAPI Product Update v1.9.0 - v1.9.2

LendAPI Product Update v1.9.0 - v1.9.2

Dear valued clients

On this Good Friday, we thank you for your love and support and we wish you all a safe and fun spring break. Please let us know all the fun places you and your families are headed.

Mar 29, 2024

Mar 29, 2024

LendAPI Selects Secureframe as SOC 2 Automation Platform
LendAPI Selects Secureframe as SOC 2 Automation Platform
LendAPI Selects Secureframe as SOC 2 Automation Platform

Press Release

Press Release

LendAPI partners with Secureframe to achieve and maintain SOC 2® compliance

LendAPI partners with Secureframe to achieve and maintain SOC 2® compliance

LendAPI selects Secureframe as our compliance automation and monitoring platform starting with the SOC 2 framework. 

Mar 27, 2024

Mar 27, 2024

LendAPI Selects Johanson Group LLP for Soc2 Audit Firm
LendAPI Selects Johanson Group LLP for Soc2 Audit Firm
LendAPI Selects Johanson Group LLP for Soc2 Audit Firm

Press Release

Press Release

LendAPI Selects Johanson Group LLP as SOC2 Audit Firm

LendAPI Selects Johanson Group LLP as SOC2 Audit Firm

LendAPI, a leading digital onboarding platform for banks, has announced its selection of Johanson Group LLP, based in Colorado Springs, CO, as its SOC2 audit firm. Both LendAPI and Johanson Group are tech-forward organizations focused on driving efficiency in their respective industries. As LendAPI strengthens its relationships with bank partners and fintech organizations, security and compliance have become crucial aspects of its integration process. The SOC2 certification signifies LendAPI's commitment to cybersecurity and breach prevention.

Mar 22, 2024

Mar 22, 2024

LendAPI Appoints Kenneth Lim as Chief Risk Strategist
LendAPI Appoints Kenneth Lim as Chief Risk Strategist
LendAPI Appoints Kenneth Lim as Chief Risk Strategist

Press Release

Press Release

LendAPI Appoints Kenneth Lim as Chief Risk Strategist

LendAPI Appoints Kenneth Lim as Chief Risk Strategist

LendAPI proudly announces the appointment of Kenneth Lim as Chief Risk Strategist, leveraging his extensive background in credit risk management garnered from esteemed organizations like LendingClub and Deserve. With a proven track record in driving strategic initiatives and managing complex credit programs, Kenneth's vision perfectly aligns with LendAPI's mission to revolutionize the lending landscape through a fully configurable Loan Origination System (LOS). Timothy Li, CEO of LendAPI, expresses confidence in Kenneth's strategic insights, emphasizing his invaluable addition to the leadership team. Kenneth's appointment signifies a pivotal step towards strengthening LendAPI's position as a leader in the fintech industry, promising impactful contributions as they continue their mission.

Mar 20, 2024

Mar 20, 2024

LendAPI Product Update v.1.8.1 - v1.8.3
LendAPI Product Update v.1.8.1 - v1.8.3
LendAPI Product Update v.1.8.1 - v1.8.3

Product Update

Product Update

LendAPI Product Update v1.8.1 - v1.8.3

LendAPI Product Update v1.8.1 - v1.8.3

We released a new set of product features and pricing changes. We also welcome a few more friends to our marketplace and it's growing. We are heading to the 100 mark soon. Check them out at www.lendapi.com.

Mar 20, 2024

Mar 20, 2024

LendAPI - A guide to Identity & Credit Rules
LendAPI - A guide to Identity & Credit Rules
LendAPI - A guide to Identity & Credit Rules

Credit Decision Engine

Credit Decision Engine

Credit Decision Engine

Credit Decision Engine

Credit Decision Engine 

Credit Decision Engine is a specialized type of decision engine that’s widely used by bank and financial services. When a consumer or a small business is seeking credit, it is more than likely that they will encounter a financial service’s decision engine to make a quick and comprehensive real time decision.

Mar 17, 2024

Mar 17, 2024

LendAPI Appoints David McMullin as Chief Revenue Officer
LendAPI Appoints David McMullin as Chief Revenue Officer
LendAPI Appoints David McMullin as Chief Revenue Officer

Press Release

Press Release

LendAPI Appoints David McMullin as Chief Revenue Officer

LendAPI Appoints David McMullin as Chief Revenue Officer

Introducing David McMullin, the newly appointed Chief Revenue Officer at LendAPI, a leading no-code digital originations platform. With over two decades of fintech and entrepreneurial experience, David's strategic vision and expertise will drive our revenue generation efforts, shaping the future of banking.

Mar 15, 2024

Mar 15, 2024

LendAPI Product Update - v1.7.7 - v1.8
LendAPI Product Update - v1.7.7 - v1.8
LendAPI Product Update - v1.7.7 - v1.8

Product Update

Product Update

LendAPI Product Update v1.7.7 - v1.8

LendAPI Product Update v1.7.7 - v1.8

The biggest feature from this release is our Multi-Product offering feature. Our clients can finally offer multiple types of products using completely different underwriting criteria and offer their clients checking accounts, credit cards, loans etc in one sitting! We are super excited about this feature.

Mar 11, 2024

Mar 11, 2024

LendAPI Product Update v1.7.5 - v1.7.6
LendAPI Product Update v1.7.5 - v1.7.6
LendAPI Product Update v1.7.5 - v1.7.6

Product Update

Product Update

LendAPI Product Update v1.7.5 - v1.7.6

LendAPI Product Update v1.7.5 - v1.7.6

Hey folks, we are forging towards another batch of product enhancements at LendAPI. This build is now released into production.

Feb 29, 2024

Feb 29, 2024

LendAPI PortX Partnership Announcement
LendAPI PortX Partnership Announcement
LendAPI PortX Partnership Announcement

Press Release

Press Release

LendAPI and PortX forge partnership to expand into digital banking

LendAPI and PortX forge partnership to expand into digital banking

Digital banking has never been more important and today we announce an incredible partnership with PortX, a leader in financial services infrastructure that makes it easy to access core data.


Feb 29, 2024

Feb 29, 2024

LendAPI Product Update v1.7.2 to v1.7.3
LendAPI Product Update v1.7.2 to v1.7.3
LendAPI Product Update v1.7.2 to v1.7.3

Product Update

Product Update

LendAPI Product Update - v1.7.2 to v.1.7.4

LendAPI Product Update - v1.7.2 to v.1.7.4

In this product update, we bring you a brand new feature that finally brings test mode and live mode together. We are continuing to enhance our Product Builder module as well as a few third party integration enhancements.

On the Documentation front, we are continuing to build more documentation of our platform for you guys to review and follow. Our No-Code DIY digital originations platform continues to grow with your support.

Feb 24, 2024

Feb 24, 2024

LendAPI Credit Decision Engine - Bank's Multi-Product Offering
LendAPI Credit Decision Engine - Bank's Multi-Product Offering
LendAPI Credit Decision Engine - Bank's Multi-Product Offering

Credit Decision Engine

Credit Decision Engine

Credit Decision Engine - Driving Bank’s Multi-Product Offering

Credit Decision Engine - Driving Bank’s Multi-Product Offering

The Decision Engine is at the heart of the bank's core business. Their ability to engage, cross-sell and earn their client’s wallet share is depended on a great deal of a smart decision engine.

Feb 24, 2024

Feb 24, 2024

LendAPI Credit Decision Engine - The Power of Integration Partners
LendAPI Credit Decision Engine - The Power of Integration Partners
LendAPI Credit Decision Engine - The Power of Integration Partners

Credit Decision Engine

Credit Decision Engine

Credit Decision Engine - The Power of Integration Partners

Credit Decision Engine - The Power of Integration Partners

What makes a great credit decision engine is its partnership ecosystem. It must have all of the top credit data providers, bank core, card management system as well loan management systems already in place for you to make the best decision possible. We want to talk about the importance of having a strong integration partner ecosystem and how it benefits you.

Feb 21, 2024

Feb 21, 2024

Credit Decision Engine - The Trust Cost of Credit Decision Engine
Credit Decision Engine - The Trust Cost of Credit Decision Engine
Credit Decision Engine - The Trust Cost of Credit Decision Engine

Credit Decision Engine

Credit Decision Engine

The True Cost of Credit Decision Engines

The True Cost of Credit Decision Engines

Are you paying tens of thousand for your credit decision engine that you barely look at? And whenever you want to make a change, hundreds of thousands dollars are spent on professional services with slow response time? We are uncovering the true cost of using a credit decision engine.

Feb 20, 2024

Feb 20, 2024

LendAPI Product Update v1.7.1 - Integration Partners and Private Products
LendAPI Product Update v1.7.1 - Integration Partners and Private Products
LendAPI Product Update v1.7.1 - Integration Partners and Private Products

Product Update

Product Update

LendAPI Product Update v1.7.1 - Integration Partners and Private Products

LendAPI Product Update v1.7.1 - Integration Partners and Private Products

This week we bring you another update to our platform. In this update, we enhanced our Product Builder, we introduced a concept called Private Product, we integrated a few Third Party Providers and we cleaned up a few small bugs to make the Decision Tree Builder friendlier.

As some of you guys have noticed, we are adding a slew of sections on our website. We are building our Marketplace, Documentation. We will feature some of these sections in our up and coming write ups. If you want us to concentrate on certain section of the website, please contact us or write to us at info@lendapi.com

Feb 19, 2024

Feb 19, 2024

Product Update

Product Update

LendAPI Product Update: v1.7 - Product Builder "Multi-Paths"

LendAPI Product Update: v1.7 - Product Builder "Multi-Paths"

We've finished another exciting product update to our loan originations system. In this release, we updated the LendAPI Product Builder to have the ability to have risk based re-routing where an applicant can skip to different pages based on the information they provided as well as the data provided by third party and the decision rules's results.

Feb 9, 2024

Feb 9, 2024

Credit Decision Engine

Credit Decision Engine

Credit Decision Engine Software - A complete implementation guide

Credit Decision Engine Software - A complete implementation guide

This article will help you to answer some of the fundamental questions about credit decision engine software and its implementation tasks before sinking your teeth into the most critical part of your bank's new digital transformation.

  • What is credit decision software?

  • How does credit decision engines work?

  • The benefits of using credit decision software.

  • Where can you buy one or rent one? 

  • Whom do you need to hire to run a credit decision software?

  • “How long does it cost and take for a full integration?

Feb 4, 2024

Feb 4, 2024

Decision Engine vs. Rules Engine
Decision Engine vs. Rules Engine
Decision Engine vs. Rules Engine

Credit Decision Engine

Credit Decision Engine

Decision Engine vs Rules Engine

Decision Engine vs Rules Engine

From an architectural perspective, decision engines and rules engines are the same. They both operate on basic logical and mathematical principles. They both use if, then, else logic to process information and render a decision.

Feb 2, 2024

Feb 2, 2024

LendAPI Bank Account Opening Software
LendAPI Bank Account Opening Software
LendAPI Bank Account Opening Software

Credit Decision Engine

Credit Decision Engine

Credit Decision Engine - Bank Account Originations Software

Credit Decision Engine - Bank Account Originations Software

The blog "Credit Decision Engine - Bank Account Originations Software" emphasizes the critical role of a robust credit decision engine in the bank account origination process, particularly focusing on the challenges and requirements of Know Your Customer (KYC) procedures.

Feb 2, 2024

Feb 2, 2024

Decision Engine

Decision Engine

Decision Engine in Action: Transforming Fraud Detection in Banking Systems

Decision Engine in Action: Transforming Fraud Detection in Banking Systems

Decision Engine has become a crucial component in fraud detection within the banking industry. Fraud comes in a variety of forms. We will define all types of fraud and how decision engines can play a major role in helping banks and financial institutions to detect, deflect fraud and prevent losses.

Feb 1, 2024

Feb 1, 2024

LendAPI Credit Decision Engine - Do's and Don'ts of Picking a Credit Decision Engine
LendAPI Credit Decision Engine - Do's and Don'ts of Picking a Credit Decision Engine
LendAPI Credit Decision Engine - Do's and Don'ts of Picking a Credit Decision Engine

Credit Decision Engine

Credit Decision Engine

Credit Decision Engine: Do's and Don'ts

Credit Decision Engine: Do's and Don'ts

If you are reading this article, you are probably looking into whether to build your own credit decision engine or rent one that’s already out there. These decision points however trivial need a closer examination because it could speed up or delay your product launch.

Jan 31, 2024

Jan 31, 2024

Credit Decision Engine

Credit Decision Engine

From Data to Decision: Understanding Credit Decision Engine Algorithms

From Data to Decision: Understanding Credit Decision Engine Algorithms

Credit Decision Engine is the heartbeat of any bank or financial institution. Data is the blood that flows through with each heartbeat. In today’s banking and lending environment, credit decision engines are expected to intake thousands of attributes at the same time and make decisions within a fraction of a second.

Jan 30, 2024

Jan 30, 2024

Credit Decision Engine - Technical Achitecture Insights
Credit Decision Engine - Technical Achitecture Insights
Credit Decision Engine - Technical Achitecture Insights

Credit Decision Engine

Credit Decision Engine

Credit Decision Engine Unveiled: Exploring the Architecture Behind Smart Financial Decisions

Credit Decision Engine Unveiled: Exploring the Architecture Behind Smart Financial Decisions

Credit Decision Engines are a special breed of rule based decisioning system that helps financial services companies to make smarter and quicker decisions. So what gives the rise of credit decision engines and what’s really going on behind the scenes of a robust credit decision engine system? Today we will explore these topics

Jan 30, 2024

Jan 30, 2024

Credit Decision Engine

Credit Decision Engine

The Power of Credit Decision Engine: A Comprehensive Guide

The Power of Credit Decision Engine: A Comprehensive Guide

Credit decision engine emerged in the past 20 years as a fundamental piece in the overall tech stack within banks, credit unions and financial institutions. With faster computing power and cloud services, calculating complex mathematical models becomes easier and more efficient. Today, FinTechs, Neo-Banks, tech enabled traditional banks are all embracing the need for fast and accurate decision engines. And credit decision engines are a specific breed of decision engine that have a few unique characteristics that we will talk about in this article.

Jan 29, 2024

Jan 29, 2024

LendAPI Credit Decision Engine - Small Business Loans
LendAPI Credit Decision Engine - Small Business Loans
LendAPI Credit Decision Engine - Small Business Loans

Credit Decision Engine

Credit Decision Engine

Credit Decision Engine - Small Business Loans

Credit Decision Engine - Small Business Loans

There are over 30 million small businesses in America and it is the backbone of our economic engine. Small businesses employ close to 70 million Americans and it’s driving every bit of our economy across the board.

Banks and especially commercial banks are focusing on delivering banking services and loans to these small businesses to help them grow and therefore help the overall economy to grow. The US government through the Small Business Administration also delivers critical bank and financial services to small and medium businesses to grow.

Jan 28, 2024

Jan 28, 2024

Credit Decision Engine

Credit Decision Engine

Credit Decision Engine - Personal Installment Loans

Credit Decision Engine - Personal Installment Loans

Whether you are a bank, credit union or a state licensed lender, heck, even a Buy Now Pay Later BNPL player, a credit decision is fundamental to your business. Most often, offerings from banks to Buy Now Pay Later players are in essence a personal installment loan.

Jan 28, 2024

Jan 28, 2024

LendAPI Credit Dicision Engine - Fundamentals of a decision engine
LendAPI Credit Dicision Engine - Fundamentals of a decision engine
LendAPI Credit Dicision Engine - Fundamentals of a decision engine

Credit Decision Engine

Credit Decision Engine

Fundamentals of Credit Decision Engine

Fundamentals of Credit Decision Engine

A Credit Decision Engine is a specific type of Rules or Decision Engine that memorializes a bank or a financial institution’s directive in terms of granting end users an application for a bank account or a line of credit.

Jan 28, 2024

Jan 28, 2024

Credit Decision Engine

Credit Decision Engine

Credit Decision Engine - KYC, Identity Verification and Beyond

Credit Decision Engine - KYC, Identity Verification and Beyond

The first set of decisions a bank will make is KYC (Know your customer). Identity verification is part of any bank and financial institution’s critical underwriting process. Identity verification must be done in real time and preferably doesn’t involve complex interaction with their end users. To accomplish quick and accurate KYC and Identity Verification, users must have a robust Decision Engine.

Jan 27, 2024

Jan 27, 2024

LendAPI Decision Enfgine - Free Decision Engine
LendAPI Decision Enfgine - Free Decision Engine
LendAPI Decision Enfgine - Free Decision Engine

Decision Engine

Decision Engine

Decision Engine Concepts - LendAPI’s Free Decision Engine

Decision Engine Concepts - LendAPI’s Free Decision Engine

LendAPI is an all encompassing digital onboarding system. It’s not just for banking, lending, mortgage, auto, personal and business loans, it can build just about any onboarding system known to man.

Jan 27, 2024

Jan 27, 2024

LendAPI Decision Engine Core Concepts
LendAPI Decision Engine Core Concepts
LendAPI Decision Engine Core Concepts

Decision Engine

Decision Engine

Decision Engine Core: Elements and Concepts

Decision Engine Core: Elements and Concepts

A decision engine should have a few fundamental core concepts. Such as the ability to construct rules with multiple outcomes, integrated with third party data providers and an open API to take in datasets from a variety of different sources. Some decision engines are messy to work with and require many engineers and analysts to implement rules and ingest data. Some other decision engines have a great deal of authoring capabilities but there’s no integration point to connect to other enterprise software.

Jan 26, 2024

Jan 26, 2024

Release Notes

Release Notes

LendAPI Release v.1.6.2 - Tons of Features and Enhancements

LendAPI Release v.1.6.2 - Tons of Features and Enhancements

Our eyes are melting, and It's all coming together now: 🤝

Firstly, a huge shoutout to everyone on the LendAPI platform who has been giving us constant feedback and helping us build out our ecosystem. The collaboration with our partners, from identity verification providers to bank core integrators, has been phenomenal. As Fintech enthusiasts, engineers, and product enthusiasts, we're thrilled and grateful for your support!

Jan 26, 2024

Jan 26, 2024

Decision Engine

Decision Engine

LendAPI Decision Engine Use Cases - Identity, Credit and Product Rules Management

LendAPI Decision Engine Use Cases - Identity, Credit and Product Rules Management

LendAPI’s decision engine offers a variety of tools designed for non-technical users that’s completely DIY with powerful API extensions.

Jan 25, 2024

Jan 25, 2024

Decision Engine

Decision Engine

Decision Engine Core Components: Visual Rules Editor

Decision Engine Core Components: Visual Rules Editor

One of the core functionalities of a Decision Engine is a visual decision editor. Rules managers or rules engineers should be able to configure any rules on their own without the need of engineering support. The rule's author should be able to define variables and write rules, link to third party integration partners on their own.

Jan 25, 2024

Jan 25, 2024

LendAPI Decison Engine Examples
LendAPI Decison Engine Examples
LendAPI Decison Engine Examples

Decision Engine

Decision Engine

Decision Engine Example - Identity Verification or KYC with TransUnion TruValidate

Decision Engine Example - Identity Verification or KYC with TransUnion TruValidate

Decision Engine Example - Identity Verification or KYC with TransUnion TruValidate

Explore these engaging examples of decision engines in the realm of banking and lending. A robust decision engine should seamlessly integrate with diverse data assets from identity service providers. Below is an illustration of using a visual decision engine to craft and execute rules in real time.

Jan 20, 2024

Jan 20, 2024

Release Notes

Release Notes

🚀 **Exciting News: LendAPI v1.6.1 Release!** 🚀

🚀 **Exciting News: LendAPI v1.6.1 Release!** 🚀

People often ask us, "What sets LendAPI apart?" Our answer remains consistent – the power to design your application, craft decision trees for every stage, and showcase consents and documents of your own creation. LendAPI empowers you with unparalleled flexibility to tailor an application flow that aligns with your decision logic and product offerings, making us truly unique.

Jan 20, 2024

Jan 20, 2024

Release Notes

Release Notes

Unveiling LendAPI's Latest Releases: A Glimpse into v.1.5.7 and Beyond

Unveiling LendAPI's Latest Releases: A Glimpse into v.1.5.7 and Beyond

We understand that constant updates might seem like a barrage of information, but we assure you that these releases are pivotal, and we appreciate your patience and understanding. Let's dive into the exciting features that LendAPI has recently rolled out!

Jan 18, 2024

Jan 18, 2024

LendAPI

LendAPI

Embracing Growth: LendAPI's Price Increase and Enhanced Features

Embracing Growth: LendAPI's Price Increase and Enhanced Features

In the ever-evolving landscape of digital onboarding platforms, LendAPI has been a trusted companion for businesses looking to streamline their processes. As the platform continues to grow and introduce innovative features, a pricing update is on the horizon. This blog post aims to provide clarity on the changes, showcase the additional benefits, and express gratitude to the loyal subscribers who have been an integral part of LendAPI's journey.In the ever-evolving landscape of digital onboarding platforms, LendAPI has been a trusted companion for businesses looking to streamline their processes. As the platform continues to grow and introduce innovative features, a pricing update is on the horizon. This blog post aims to provide clarity on the changes, showcase the additional benefits, and express gratitude to the loyal subscribers who have been an integral part of LendAPI's journey.

Jan 17, 2024

Jan 17, 2024

Product Update

Product Update

LendAPI Product Update v1.5.5 - v1.5.6

LendAPI Product Update v1.5.5 - v1.5.6

Winter has arrived, and with it, LendAPI brings warmth to your coding endeavors with the release of versions 1.5.5 and 1.5.6. In this winter wonderland of updates, we focus on enhancing workflow and process automation, delivering a seamless experience for our users. Let's delve into the highlights of these releases.

Jan 17, 2024

Jan 17, 2024

Release Notes

Release Notes

Release Notes for LendAPI Version 1.5.2, 1.5.3, and 1.5.4

Release Notes for LendAPI Version 1.5.2, 1.5.3, and 1.5.4

Release Notes for LendAPI Version 1.5.2, 1.5.3, and 1.5.4

Jan 12, 2024

Jan 12, 2024

Release Notes

Release Notes

Unveiling the Power of Release v1.5.1: A Comprehensive Overview

Unveiling the Power of Release v1.5.1: A Comprehensive Overview

In the ever-evolving landscape of software development, staying ahead often means embracing change. The release of version 1.5.1 on December 13, 2023, is a testament to this philosophy. This update brings a myriad of enhancements, bug fixes, and new features aimed at refining user experience, improving system functionality, and ensuring a more seamless operation overall.

Dec 27, 2023

Dec 27, 2023

Milestone

Milestone

Unleashing Creativity: LendAPI's Game-Changing Release v1.5 - "Product Builder"

Unleashing Creativity: LendAPI's Game-Changing Release v1.5 - "Product Builder"

Excitement is in the air as LendAPI unveils its much-anticipated Release v1.5, featuring the revolutionary "Product Builder." Brace yourselves, because with this release, LendAPI is handing you the keys to a world where your dreams and wishes become reality.

Dec 11, 2023

Dec 11, 2023

News Letter

News Letter

Celebrating 200+ Subscribers and Unveiling the Power of Our State-of-the-Art Loan Origination System!

Celebrating 200+ Subscribers and Unveiling the Power of Our State-of-the-Art Loan Origination System!

We're thrilled to announce that our community is now 200+ strong on Substack! 🎉 It's a momentous occasion that wouldn't have been possible without your support and enthusiasm for the valuable content we strive to deliver. As we celebrate this milestone, we want to express our heartfelt gratitude for being a part of our journey.

Dec 4, 2023

Dec 4, 2023

Release Notes

Release Notes

LendAPI’s Substack Dashboard: Release Notes for v1.4.6 and v1.4.7 🦃 🎄

LendAPI’s Substack Dashboard: Release Notes for v1.4.6 and v1.4.7 🦃 🎄

Greetings from Santa's little fintech workshop! 🎅 As we dive into the festive season, we bring you the latest updates from LendAPI. The last couple of weeks have been a whirlwind of activity at our fintech hub, and we're excited to share the enhancements and fixes we've cooked up in the latest releases, v1.4.6 and v1.4.7.

Dec 1, 2023

Dec 1, 2023

Release Notes

Release Notes

LendAPI Releases v1.4.3 and v1.4.4: Empowering Accessibility and User Experience

LendAPI Releases v1.4.3 and v1.4.4: Empowering Accessibility and User Experience

As we approach the holiday season, the LendAPI team is not slowing down but, instead, gearing up to make your experience even better. In the spirit of continuous improvement, we are thrilled to announce the recent releases, v1.4.3 and v1.4.4, packed with enhancements that aim to elevate the accessibility, communication, and overall user experience within our lending platform.As we approach the holiday season, the LendAPI team is not slowing down but, instead, gearing up to make your experience even better. In the spirit of continuous improvement, we are thrilled to announce the recent releases, v1.4.3 and v1.4.4, packed with enhancements that aim to elevate the accessibility, communication, and overall user experience within our lending platform.

Nov 17, 2023

Nov 17, 2023

Release Notes

Release Notes

LendAPI v1.4.2 - Product Update

LendAPI v1.4.2 - Product Update

On this significant day, November 11, 2023, LendAPI extends its heartfelt gratitude to the men and women in uniform, past and present, who have dedicated their lives to maintaining peace and freedom around the world. As we celebrate Veteran's Day, we reflect on the words of President Woodrow Wilson, who established Armistice Day on this very date in 1919.

Nov 11, 2023

Nov 11, 2023

Release Notes

Release Notes

LendAPI v1.4.1 Release Notes and More

LendAPI v1.4.1 Release Notes and More

LendAPI has been on fire this week with its second release, showing no signs of slowing down. In this latest release, labeled version 1.4.1, the team at LendAPI has fine-tuned the Billings section and addressed several UX issues related to the upgrade path. And here's the good news: the free mode is here to stay! But that's just the tip of the iceberg. Let's dive into some of the exciting highlights from LendAPI v1.4.1

Nov 3, 2023

Nov 3, 2023

Release Note

Release Note

LendAPI’s v1.4 Release Notes: A Midweek Surprise! 🚀

LendAPI’s v1.4 Release Notes: A Midweek Surprise! 🚀

Hello, LendAPI community! We hope you're ready for some exciting news because we're breaking our release cycle to bring you the awesome LendAPI v1.4 mid-week release. That's right, we're shaking things up, and we have a 24/7 development cycle to thank for this special update.

Nov 1, 2023

Nov 1, 2023

Release Notes

Release Notes

LendAPI v1.3.4 Release Announcement

LendAPI v1.3.4 Release Announcement

Welcome to our thought-letter! This week has been an exciting one as we've engaged with our valued partners, investors, mentors, and clients. We're thrilled to share some major developments with you. Welcome to our thought-letter! This week has been an exciting one as we've engaged with our valued partners, investors, mentors, and clients. We're thrilled to share some major developments with you.

Oct 27, 2023

Oct 27, 2023

Release Notes

Release Notes

LendAPI Announces Digitial Onboarding Platform Upgrade v1.3

LendAPI Announces Digitial Onboarding Platform Upgrade v1.3

We are thrilled to announce the release of LendAPI's v1.3! 🌟 Our team has been hard at work, and we're delighted to introduce several powerful features and enhancements to make your lending experience even better.

Oct 1, 2023

Oct 1, 2023

LendAPI LOS Co-Applicant Feature
LendAPI LOS Co-Applicant Feature
LendAPI LOS Co-Applicant Feature

Loan Origination Software

Loan Origination Software

Enhancing Borrowing Potential with LendAPI's New Feature: Adding Co-Applicants and Additional Owners

Enhancing Borrowing Potential with LendAPI's New Feature: Adding Co-Applicants and Additional Owners

In the ever-evolving world of lending and finance, technology has paved the way for unprecedented convenience and efficiency. LendAPI, a trailblazing player in the lending industry, is at the forefront of these innovations. They are about to launch a game-changing feature that will reshape the lending landscape, allowing their clients to configure up to four co-applicants and business owners during the application process. This powerful addition to their platform will enable a more comprehensive evaluation of applicants, significantly enhancing the lending process.

Oct 1, 2023

Oct 1, 2023

LendAPI Launches Small Business Lending Product
LendAPI Launches Small Business Lending Product
LendAPI Launches Small Business Lending Product

Commercial Lending

Commercial Lending

LendAPI Unveils Cutting-Edge Business Lending Product with Flexible Page Builder

LendAPI Unveils Cutting-Edge Business Lending Product with Flexible Page Builder

In the ever-evolving landscape of financial technology, LendAPI continues to set the pace with its groundbreaking innovations. Today, we are excited to announce the launch of our newest product, a Business Lending solution that is set to revolutionize the lending industry. This new offering comes with a flexible Page Builder that allows clients to configure fields tailored to the specific needs of the Business Lending Industry.

Oct 5, 2023

Oct 5, 2023

Loan Origination Software

Loan Origination Software

What do clients want from their Loan Origination Software?

What do clients want from their Loan Origination Software?

Lenders, financial services companies and BNPL players all want to same thing when it comes to Loan Origination Software: Cost effective, white labeled system that's highly configurable. A visual decision engine where they build their underwriting and pricing strategy would be a plus. Edit and upload consents and sales contracts would be a dream. Read on…

Sep 30, 2023

Sep 30, 2023

API

API

Introducing LendAPI's Game-Changing Webhook Functionalities: A Tale of Financial Evolution

Introducing LendAPI's Game-Changing Webhook Functionalities: A Tale of Financial Evolution

In the ever-evolving landscape of financial technology, staying ahead of the curve is a paramount pursuit. At LendAPI, we take this challenge head-on, continually pushing the boundaries of what our platform can do to streamline lending processes for our valued partners. Today, we are thrilled to unveil a groundbreaking update that promises to revolutionize the way you manage your lending operations: the introduction of new webhook functionalities.

Sep 29, 2023

Sep 29, 2023

Release Notes

Release Notes

LendAPI Release Note v1.0 to V1.1

LendAPI Release Note v1.0 to V1.1

We are all about getting feedback from our users and to do that we need to let folks know what we've been up to. Our modus operandi is to release features on a regular basis. Everything we do here is in accordance to protect our client's data, IP etc. Please take a look at the some of the work we've been working on leading up to our latest release.

Sep 28, 2023

Sep 28, 2023

Announcement

Announcement

LendAPI is on Substack

LendAPI is on Substack

We're thrilled to announce an exciting new way for you to stay updated on all things LendAPI – our very own Substack newsletter! 🎉

Sep 27, 2023

Sep 27, 2023

LendAPI Integration with Plaid - Bank Account Verification
LendAPI Integration with Plaid - Bank Account Verification
LendAPI Integration with Plaid - Bank Account Verification

Plaid

Plaid

Bank Verification with LendAPI's Integration with Plaid

Bank Verification with LendAPI's Integration with Plaid

In today's rapidly evolving financial landscape, the demand for seamless and secure digital solutions has never been higher. Financial institutions, fintech startups, and lending platforms are constantly seeking ways to enhance their services, reduce risks, and provide a better experience for their customers. This is where LendAPI's integration with Plaid comes into play.

Sep 19, 2023

Sep 19, 2023

Loan Management System

Loan Management System

LendAPI Welcomes LoanPro as an Integrated Partner: A Powerful Synergy for Loan Origination and Management

LendAPI Welcomes LoanPro as an Integrated Partner: A Powerful Synergy for Loan Origination and Management

In the fast-paced world of lending and financial services, efficiency, accuracy, and seamless integration are paramount. LendAPI, a leading player in the loan origination space, recently made a significant move by welcoming LoanPro as an integrated partner. This partnership is set to revolutionize the way lending institutions manage the entire loan lifecycle – from origination to servicing. In this blog, we'll delve into the power of LendAPI's Loan Originations System and how it's a perfect fit for LoanPro's Loan Management System.

Sep 11, 2023

Sep 11, 2023

TransUnion

TransUnion

LendAPI Partners with TransUnion's TruValidate Identity Insights: Enhancing Trust and Security in Financial Services

LendAPI Partners with TransUnion's TruValidate Identity Insights: Enhancing Trust and Security in Financial Services

LendAPI Teams Up with TransUnion's TruValidate Identity Insights to Strengthen Financial Security

In the world of banking and financial services, "Know Your Customer" (KYC) is an indispensable element in underwriting decisions. To bolster this critical process, LendAPI is excited to announce its integration with TransUnion's TruValidate Identity Insights product. This collaboration aims to revolutionize identity verification and combat synthetic identity fraud, a prevalent threat in the digital age.

The importance of KYC lies in its ability to mitigate risk, ensure compliance with regulations, and prevent identity fraud. Through TruValidate's Synthetic Fraud Model, the platform accurately detects synthetic identity fraud while providing friction-right experiences for genuine customers. By joining forces, LendAPI and TransUnion are committed to establishing a safer and more secure financial ecosystem, prioritizing trust, compliance, and protection against emerging risks.

Jul 25, 2023

Jul 25, 2023

LendAPI - TransUnion TruValidate
LendAPI - TransUnion TruValidate
LendAPI - TransUnion TruValidate

TransUnion

TransUnion

LendAPI and TransUnion Combating Fraud Together with TruValidate Integration

LendAPI and TransUnion Combating Fraud Together with TruValidate Integration

LendAPI's Game-Changing Integration with TransUnion's TruValidate Digital Insights. In today's digital landscape, where convenience and speed are paramount, the financial services industry faces an ongoing battle against an ever-evolving army of fraudsters.

Jul 24, 2023

Jul 24, 2023

LendAPI and TransUnion TruValidate Integration
LendAPI and TransUnion TruValidate Integration
LendAPI and TransUnion TruValidate Integration

Identity Verification

Identity Verification

Identity Verification - TransUnion TruValidate Integration

Identity Verification - TransUnion TruValidate Integration

The blog announces an exciting integration between LendAPI and TransUnion's TruValidate identity verification tool, marking a major advancement in the lending industry. LendAPI has been known for its innovative lending solutions, while TruValidate offers robust identity verification capabilities. With this collaboration, lenders can seamlessly integrate TruValidate's powerful verification process into LendAPI's platform. The integration enhances security, streamlines the borrower experience, ensures compliance, and enables data-driven decision-making. This partnership promises to revolutionize the lending landscape, providing financial institutions and borrowers with secure, efficient, and customer-centric borrowing experiences.

Jul 21, 2023

Jul 21, 2023

Dashboard

Dashboard

Streamline Your Loan Experience with LendAPI: The Power of One Dashboard

Streamline Your Loan Experience with LendAPI: The Power of One Dashboard

In today's fast-paced world, managing multiple loan applications can be overwhelming. LendAPI offers a solution by consolidating all your loan applications under one dashboard, providing several advantages. With LendAPI, you can easily track the progress of each application, eliminating the need for constant communication with individual lenders. The platform streamlines identity verification by allowing you to securely upload necessary documents, simplifying the process and reducing delays. Credit-related issues can also be efficiently resolved through the centralized platform, ensuring a smoother loan application process. LendAPI's seamless workflow system saves time and minimizes errors, while trackable email communications provide clear and organized correspondence with lenders. Overall, LendAPI simplifies and enhances the loan experience by offering a centralized hub for managing loan applications. Visit lendapi.com to experience the benefits of a centralized loan application dashboard.

Jul 18, 2023

Jul 18, 2023

LendAPI Credit Decision Application Dashboard Concepts
LendAPI Credit Decision Application Dashboard Concepts
LendAPI Credit Decision Application Dashboard Concepts

Credit Decision Engine

Credit Decision Engine

Credit Decision Engine - Application Dashboard Concepts

Credit Decision Engine - Application Dashboard Concepts

LendAPI's dashboard is transforming the lending industry by simplifying identity verification and credit underwriting processes. This innovative tool empowers clients to efficiently navigate and resolve issues related to these crucial aspects of lending. The dashboard streamlines identity verification through document scanning, biometric authentication, and data validation, minimizing fraud risks and ensuring compliance. It also offers a comprehensive suite of tools for credit underwriting, including credit report access and risk assessment capabilities, facilitating well-informed lending decisions. With a holistic view of lending operations, real-time updates, and issue resolution features, the dashboard enhances transparency, efficiency, and customer satisfaction. By optimizing the lending experience for both lenders and borrowers, LendAPI's dashboard sets a new standard of excellence in the industry.

Jul 13, 2023

Jul 13, 2023

LendAPI Credit Decision Engine - Derived and Custom Variables
LendAPI Credit Decision Engine - Derived and Custom Variables
LendAPI Credit Decision Engine - Derived and Custom Variables

Credit Decision Engine

Credit Decision Engine

Credit Decision Engine - Derived and Custom Variables

Credit Decision Engine - Derived and Custom Variables

LendAPI's Decision Engine introduces a revolutionary feature called Derived Variables, allowing users to create mathematical expressions between system and third-party variables. These expressions enable complex calculations and insights for data-driven decision-making. The feature includes functionalities to save and display derived variables in specified numeric formats, enhancing precision and customization. Derived Variables seamlessly integrate with the Decision Engine API, ensuring accessibility and scalability. With benefits such as improved decision-making, customization, efficiency, and integration, lenders can leverage Derived Variables to make informed lending decisions and optimize their operations. To explore this transformative feature, visit lendapi.com today.

Jul 12, 2023

Jul 12, 2023

LendAPI Credit Decision Engine
LendAPI Credit Decision Engine
LendAPI Credit Decision Engine

Credit Decision Engine

Credit Decision Engine

LendAPI Launches Fully Customizable Decision Engine

LendAPI Launches Fully Customizable Decision Engine

In the fast-paced world of lending, making accurate and timely decisions on loan applications is crucial for financial institutions and lending platforms. To address this challenge, LendAPI has introduced its fully customizable Decision Engine, equipped with seamless API integration.

Jul 6, 2023

Jul 6, 2023

Trans Union

Trans Union

Streamlining Financial Services: Full Integration Between LendAPI and TransUnion

Streamlining Financial Services: Full Integration Between LendAPI and TransUnion

In the ever-changing landscape of financial technology, seamless integration between platforms is key to unlocking the full potential of innovative solutions. LendAPI, a leading fintech platform, is taking a significant leap forward by fully integrating with TransUnion, a renowned credit reporting agency. This integration promises real-time access to credit reporting and scores through TransUnion's API, while expanding LendAPI's credit attribute library to offer a comprehensive set of variables for rule authoring. Additionally, LendAPI's fintech clients can leverage both soft and hard inquiries, enabling them to offer a wider range of products and services. Let's delve into the details of this groundbreaking integration and its transformative impact on the industry.

Jun 14, 2023

Jun 14, 2023

Credit Decision Engine - LendAPI's Fully Interactive API Library
Credit Decision Engine - LendAPI's Fully Interactive API Library
Credit Decision Engine - LendAPI's Fully Interactive API Library

Decision Engine

Decision Engine

LendAPI's New Fully Interactive Credit Decison Engine APIs

LendAPI's New Fully Interactive Credit Decison Engine APIs

In today's fast-paced world, businesses are constantly striving to enhance their customer experience and streamline their processes. One area that has seen significant advancements is the lending industry, where technology plays a crucial role in simplifying and automating complex tasks. LendAPI, a leading provider of lending solutions, is proud to announce the launch of its new and fully interactive APIs, set to revolutionize customer onboarding, variable initialization, decision rule triggers, and offer generation. Scheduled for release at the end of June 2023, these APIs are exclusively available to LendAPI's Enterprise customers. In this blog post, we will delve into the key features and benefits of these groundbreaking APIs, highlighting how they can transform the lending landscape.

Jan 31, 2024

Jan 31, 2024

Decision Engine

Decision Engine

Simplify Risk Management with LendAPI's Visual Decision Engine Editor

Simplify Risk Management with LendAPI's Visual Decision Engine Editor

In today's fast-paced business environment, risk management plays a critical role in ensuring the success and stability of financial institutions. LendAPI, a leading provider of lending solutions, has introduced a powerful tool to streamline risk management processes: the Visual Decision Engine Editor. This innovative software empowers risk management professionals to create and manage complex decision trees easily. With a range of benefits that enhance efficiency and decision-making capabilities, the Visual Decision Engine Editor is revolutionizing risk management practices. In this blog post, we will explore the key benefits of this tool and how it helps financial institutions make better-informed decisions.

Jun 8, 2023

Jun 8, 2023

LendAPI No-Code LOS
LendAPI No-Code LOS
LendAPI No-Code LOS

Loan Origination Software

Loan Origination Software

LendAPI's SaaS Loan Originations Platform: Empowering Lending Professionals with Streamlined Efficiency

LendAPI's SaaS Loan Originations Platform: Empowering Lending Professionals with Streamlined Efficiency

In the fast-paced world of lending, professionals are constantly seeking innovative solutions that can enhance their efficiency and productivity. Traditional software engineering and maintenance tasks often consume valuable time and resources, diverting focus from core business objectives and customer service. However, LendAPI's SaaS Loan Originations Platform provides a game-changing solution, allowing lending professionals to delegate the intricate software work to experts, freeing them to concentrate on what truly matters: delivering exceptional customer service.

Jun 8, 2023

Jun 8, 2023

LendAPI Multi-Tenant SaaS Platform
LendAPI Multi-Tenant SaaS Platform
LendAPI Multi-Tenant SaaS Platform

Loan Origination Software

Loan Origination Software

Empowering Lending Businesses with LendAPI's Multi-Tenant SaaS Platform

Empowering Lending Businesses with LendAPI's Multi-Tenant SaaS Platform

In the rapidly evolving lending industry, technology plays a pivotal role in enhancing efficiency, scalability, and customization. LendAPI, a leading lending Software-as-a-Service (SaaS) platform, offers a multi-tenant solution that empowers lenders to operate their own SaaS lending business while providing flexibility and autonomy to their clients. In this blog, we will explore three key features of LendAPI's multi-tenant SaaS platform: the ability to create unlimited tenants, self-contained white-labeled applications, and customizable decision tree capabilities and offer engines.

Jun 7, 2023

Jun 7, 2023

Decision Trees

Decision Trees

Unlocking Lending Efficiency with LendAPI's Powerful Decision Tree Capabilities

Unlocking Lending Efficiency with LendAPI's Powerful Decision Tree Capabilities

In the world of lending, making informed and efficient decisions is crucial to success. With the rise of technology, lenders are increasingly turning to automated systems to streamline their operations. LendAPI, a leading lending Software-as-a-Service (SaaS) platform, offers an array of powerful decision tree capabilities that enable lenders to make data-driven decisions quickly and accurately. In this blog, we will explore three key features of LendAPI's decision tree capabilities: the variable library, the visual decision tree builder, and the ability to stack decision trees.

Jun 7, 2023

Jun 7, 2023

LendAPI Loan Originations Sysetm - Core Elements
LendAPI Loan Originations Sysetm - Core Elements
LendAPI Loan Originations Sysetm - Core Elements

Loan Origination Software

Loan Origination Software

LendAPI Launches DIY Loan Origination Platform

LendAPI Launches DIY Loan Origination Platform

LendAPI launches a fully customizable, do it yourself digital onboarding solution for bank and financial services organizations to quickly launch their product. The LendAPI's core plug and play onboarding tool has third party integrations completed, decision engine which you can quickly build rules and scores as well as a page builder where all your fields, uploads and documentation signing are fully configurable with ease.

Jun 8, 2023

Jun 8, 2023

Decision Engine

Decision Engine

Unleashing the Power: The Benefits of an API-Driven Decision Engine

Unleashing the Power: The Benefits of an API-Driven Decision Engine

In today's data-driven world, making informed and efficient decisions is critical for businesses to stay ahead of the competition. One technology that has revolutionized decision-making processes is the API-driven decision engine. By leveraging Application Programming Interfaces (APIs) and advanced algorithms, organizations can harness the power of real-time data and streamline their decision-making processes. In this blog, we will explore the numerous benefits of an API-driven decision engine and how it can empower businesses to make smarter, data-backed choices.

Jun 7, 2023

Jun 7, 2023

LendAPI Power of White Labeled LOS
LendAPI Power of White Labeled LOS
LendAPI Power of White Labeled LOS

Loan Origination Software

Loan Origination Software

The Power of White-Label Loan Origination Systems: Unlocking Efficiency and Growth

The Power of White-Label Loan Origination Systems: Unlocking Efficiency and Growth

In the ever-evolving landscape of financial services, loan origination systems have become a vital tool for lenders and financial institutions. Among the various options available, white-labeled loan origination systems stand out as a powerful solution, offering a host of benefits that drive efficiency, scalability, and customer satisfaction. This article explores the advantages of using a white-labeled loan origination system and sheds light on how it can transform lending operations.

Jun 6, 2023

Jun 6, 2023