Rapid Finance, a leading small business banking platform specializing in providing customized financing solutions, announced today the availability of its cloud-based rules engine as part of its recen...
Rapid Lynx equips customers with ability to create custom rules tailored to their specific lending criteria and risk tolerance
BETHESDA, Md.: Rapid Finance, a leading small business banking platform specializing in providing customized financing solutions, announced today the availability of its cloud-based rules engine as part of its recently enhanced, award-winning AI fraud detection platform, Lynx. The updated rules engine enables Rapid Finance’s enterprise customers to create customized risk management rules and outcomes, further strengthening the ability to make informed lending decisions tailored to specific business criteria.
Lynx empowers lenders with a 360-degree view of small business owners by leveraging actionable data and insights to make faster, more informed decisions, minimize risk at origination, and gather insights during servicing to realize a better ROI on their portfolio over time.
The new cloud-based rules engine includes these key features:
“The cloud-based rules engine gives small business lenders the ability to more easily tailor their lending criteria and risk management strategies,” said Will Tumulty, CEO of Rapid Finance. “Enhancing Lynx with rules-based customization helps solidify our commitment to providing the most robust, flexible small business financing solutions designed to meet the specific business needs of both lenders and SMB owners.”
About Rapid Finance
Since 2005, Rapid Finance has been supporting the growth and success of small businesses across the U.S. Powered by a thoughtful combination of technology, speed and deep industry expertise, Rapid Finance provides modular, flexible and scalable financing solutions to small businesses, as well as Lending-as-a-Service solutions customized to meet enterprise clients’ needs. Learn more at www.rapidfinance.com.
Fonte: Business Wire
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