Question: Is there a system that can help credit unions and community banks make more informed lending decisions with machine learning insights?

If you're looking for a system to help credit unions and community banks make better lending decisions with machine learning smarts, Conductiv is a good choice. The AI-powered lending platform offers better lending decisions by closing data gaps and providing actionable recommendations. It can handle a variety of lending products, including consumer and business credit cards and personal and business loans, and can be integrated with existing systems like MeridianLink. Conductiv can approve loans faster and with higher accuracy through digital data collection and auto approvals based on rules, and it's designed to be secure.

Another contender is Perfios, which offers financial data analysis and SME lending products using artificial intelligence and machine learning. It can automatically extract and categorize thousands of data points in real-time to help lenders assess risk and make better decisions. Perfios offers a range of products, including consumer lending, wealth management and credit assessment, and it's designed to meet strict privacy and compliance requirements.

If you want to automate document analysis, Ocrolus has a powerful Document AI platform. It can classify, extract and analyze financial documents with high accuracy, letting lenders quickly and accurately assess risk and spot fraud. Ocrolus can handle a broad range of documents and offers an API for building customer experiences, which can dramatically accelerate lending and make decision-making more efficient.

Last, MeridianLink is a full-featured digital lending platform with tools for managing and automating loan applications, a mortgage LOS and data-driven lending decisions. With a broad range of customizable tools, MeridianLink can help financial institutions streamline lending, increase revenue and reduce operational costs. It's a good option for credit unions and community banks that want to improve lending.