Question: Looking for a scalable lending platform that can integrate with existing systems and improve approval rates for fintech lenders and banks.

For a lending platform that scales to large volumes of borrowers and can plug into existing systems, Conductiv is a good option. Conductiv's AI-based lending decisions are designed to bridge data gaps and offer insights. It can handle a variety of lending products and can integrate with existing systems like MeridianLink. The company uses alternative data sources and AI to improve lending, boost approval rates and reduce manual processing.

Another contender is MeridianLink, an all-in-one digital lending platform that offers a collection of customizable tools to automate the lending process. It includes a Loan Origination System, Mortgage LOS and a Marketplace for connecting to partners outside the system. MeridianLink offers a wide range of financial products and is geared toward improving consumer engagement and loyalty with better lending experiences.

Perfios is another good option for lenders that want to use AI and machine learning to analyze data. Perfios automates the extraction, categorization and analysis of financial data so institutions can assess risk and make lending decisions. It offers a range of products for consumer lending, SME lending and other areas, and has a global presence with strong compliance.

For those who want to go further with alternative credit data, Nova Credit offers credit data from 26 sources, including international credit bureaus and payroll systems. Nova Credit's platform, for example, includes Income Navigator that automatically verifies income, reducing fraud and shortening onboarding times so lenders can approve applicants with more confidence.