Question: I'm looking for a solution that automates underwriting for more accurate and efficient credit assessments in lending.

If you're looking for a service to automate underwriting for more precise and efficient credit assessments in lending, Ocrolus is another top contender. It uses artificial intelligence to classify, extract, identify and analyze financial documents with high accuracy, allowing lenders to quickly and accurately assess data to make better decisions. The service analyzes documents automatically, prevents fraud and offers detailed cash flow and income insights with normalized data, making it applicable to a range of lending areas including consumer lending and mortgages.

Another good option is Nova Credit. This service offers a credit infrastructure and analytics service with aggregated consumer credit data from multiple sources. It also offers tools like Cash Atlas for credit risk assessment based on bank transaction data and Income Navigator for automated income verification. Nova Credit also helps lenders extend credit to populations that may be underserved by traditional methods by using alternative credit data that can dramatically lower risk and increase financial inclusion.

For a more complete service, MeridianLink offers a digital lending service for financial institutions. It has a range of customizable tools, including a Loan Origination System for managing and automating loan applications. The service spans a broad range of financial products and can help institutions increase market share while lowering operational costs. It also has a Marketplace for integrating with external partners, making it a good option for improving lending operations.

And Zoot offers an automated decisioning service that can streamline underwriting. With a click, drag, and drop interface for creating automated decision workflows, Zoot integrates with more than 70 brands and hundreds of products. It offers sub-second decisioning and automated underwriting, which can dramatically speed up lending operations and improve efficiency.