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A comment on Banking Startups Adopt New Tools for Lending.

Re:Banking Startups Adopt New Tools for Lending by lazythrowaway on Monday January 19, 2015 @10:33AM (#8912272)
Kind of weird to have an article about alternative lending and big data, and not mention Lending Club? The are the biggest player in the space by far and IPOed only last month...
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Re:Banking Startups Adopt New Tools for Lending by psuter on Monday January 19, 2015 @11:58AM (#8912728)
Looks like the focus of the article is on alternative techniques to determine creditworthiness. Lending Club, as I understand, relies mostly on traditional credit scores, which does not make them particularly innovative for this particular aspect of lending.
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Re:Banking Startups Adopt New Tools for Lending by pbreit on Monday January 19, 2015 @01:28PM (#8913170)
Lending Club is a rounding error compared to the big banks.

And is a marketplace, not a direct lender like the companies mentioned.

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