Thought Leaders in Artificial Intelligence: Venkatesh Bala, Chief Risk Officer, Biz2Credit (Part 4)

Sramana Mitra: Can you give me one metric that gives me an idea of the number of banks that are using your solution? Venkatesh Bala: If I look at banks and financial services companies, it’s a growing number. I’ll give you one example in the context of what is happening with PPP or the Paycheck Protection

Read Full Article »

Thought Leaders in Artificial Intelligence: Venkatesh Bala, Chief Risk Officer, Biz2Credit (Part 3)

Sramana Mitra: Is your primary source of data the bank accounts? Venkatesh Bala: To say that means that we only rely on one source of information. Having cash flow data at a transaction level is the most important, but we have other sources of information.  Sramana Mitra: Like? Can you give me an example?

Thought Leaders in Artificial Intelligence: Venkatesh Bala, Chief Risk Officer, Biz2Credit (Part 2)

Sramana Mitra: What is the structure of your AI model? Talk about what the architecture of the AI is. Venkatesh Bala: We collect permission-based information when the customer comes to our marketplace. We can build a robust platform that allows us to ingest a substantial amount of data, and we can apply cutting-edge AI tools. 

Thought Leaders in Artificial Intelligence: Venkatesh Bala, Chief Risk Officer, Biz2Credit (Part 1)

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.  Small business credit has been upended in COVID. Banks are processing PPP loans at a frantic pace without the scalable infrastructure to do so. This discussion delves into the realities of that world. Sramana Mitra: Let’s start by introducing our audience to yourself as well as

Read Full Article »