How Credit Unions Can Compete with Fintech Personalization

Strengthening the Credit Union Bond Through Instant, Personalized Offer The Heart of the Matter: Trust in the Digital Age Credit Unions have always been built on a simple, powerful idea:

How Modelshop and Equifax are Boosting Credit Union Lending

Download PDF Open at Equifax Credit unions face a tough dilemma: members expect near-instant decisions on loans, but traditional employment and income verification can take days, leading to frustration.

The End of “As Low As” Credit Offers

For decades, credit marketing has relied on a frustratingly vague model. We’ve all seen it: solicitations for “rates as low as 2.9%” or “limits up to $50,000.”

LLMs in Lending: They’re Not What You Think

Alright, I admit it, that’s a clickbait headline. But I’ve talked with many of you about Large Language Models (LLMs) the right way.

AI for Credit Unions – Why LLMs are Different

Fellow Credit Union Enthusiasts, I’m starting this newsletter to begin an honest, practical conversation about AI and credit unions.

Modelshop Achieves SOC 2® Type II Certification, Reinforcing Commitment to Data Security and Trust

We’re proud to announce that Modelshop has successfully completed its SOC 2 Type II audit, a critical milestone that demonstrates our dedication to the highest standards of data security.

Reactive vs. Proactive Credit Offers, a White Paper Excerpt

Lending technology has come a long way in the last ten years. We’ve seen tools that automate underwriting and simplify applications.

Beyond the Score: How Personalized Offers Can Help Modernize CU Lending

Attendee Takeaways: The urgent need for credit unions to evolve how they make decisions.

Optimizing Credit Union Member Performance

Credit Unions have to make smarter member decisions as their community moves to the digital-first world.

Innovation and Inclusion in AI Credit Risk Models, a White Paper Excerpt

Enhancing the credit union member experience with real-time personalized lending and access.

Leverage AI and Banking Data to Attract New Members

Here’s an insightful podcast featuring Tom Tobin, the founder and CEO of Modelshop, dedicated to using large language models.

Using AI to Create Centralized Member Decision Strategies That Deepen Member Relations

Attendee Takeaways: The power of new alternative data.

Powerlytics & Modelshop Fireside Chat Session

Session Title: Demystifying the power of Alternative Data and its impact on Credit Decision Outcomes.

Innovation and Inclusion in AI Credit Risk Models

Enhancing the credit union member experience with real-time personalized lending.

Hello World AI Risk Demo

Alex Waldner shows the process of building a credit decision application from scratch on Modelshop.

Frictionless Lending with Credit Automation

The first blog in this series highlights how credit automation is changing the way lenders make credit decisions.

Lenders are Rethinking Credit Risk Models

In my last post, I outlined an evolution of credit origination due to a shift in demographics, the economy and technology.

Dawn of a new era in Credit Model Automation

Changes in demographics, the economy and technology are forcing credit providers to raise the bar on how they originate credit.