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Special Episode — Back By Popular Demand: Fintech’s Getting Spicy

Breaking Banks

CHAPTER

The Risks of Not Having Robust Underwriting in a Down Market

A lot of the FinTechs that are out there came about and grew up in, you know, the post 2009 recovery environment where things were only going up. So they, their business models, they're automated underwriting, their tools, have their talent have not been tested in a downturn. And I think it's an important point, right, which is now is not the time to be figuring out you did not have a robust enough strategy.

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