Uplinq Financial Technologies is partnering with EY Canada to provide “fair and ethical credit” to SMEs via its credit decisioning platform.
Mario Schlener, Partner and EY’s Lead Risk Consulting for Canada and Global FS Risk Technology, Alliance, Innovation, said the partnership with provide small business lenders a “smarter and more inclusive” manner in assessing risk.
“The EY-Uplinq integrated solution will deploy an analytics-powered approach to lending – utilizing Uplinq powered modules that enhance decision making across data, models and technology – to help drive profitability for lenders.”
Uplinq’s credit assessment platform aims to help lenders look beyond the financial data that traditional credit bureaus depend on when evaluating risk. Uplinq allows lenders to consider factors like market, community, and environmental conditions to assess a loan applicant.
Uplinq reports that its technology has already served more than $1.4 trillion in underwritten loans around the world.