"If you help a bank to create lending IP, there's always a question around 'who now understands how it works' and 'who owns it'. And the lending IP, that is something that, as a fintech, as a bank, you should own yourself. 

And that is why (instead of consulting) we decided to build software that helps internal risk teams and internal credit teams to create more lending IP, faster, and on their own without having any external dependencies."

Data used to be scarce and rigid, and so the legacy systems we built were designed with that in mind. But data is now everywhere and fluid, and those rigid legacy systems are starting to hold us back. Taktile is a modern decision engine built on a local no-code platform that makes it really easy for credit and risk teams to build and run automated underwriting decisions with a really high level of accuracy. 

Find Taktile at https://www.taktile.com/ or jump directly to their State of Lending report at https://www.taktile.com/state-of-lending-2023

As Maik mentions on here, both he (https://www.linkedin.com/in/maik-taro-wehmeyer) and Taktile (https://www.linkedin.com/company/taktile1/) are active on LinkedIn. I'm there, too, so feel free to send me a connection request while you're there: https://www.linkedin.com/in/brendanlegrange

My action-adventure novels are on Amazon, some versions even for free, and my work with ConfirmU and our gamified psychometric scores is at https://confirmu.com/ and on episode 24 of this very show https://www.howtolendmoneytostrangers.show/episodes/episode-24

If you have any feedback or questions, or if you would like to participate in the show, please feel free to reach out to me via the contact page on this site.

Keep well, Brendan

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