I work for a technology company in this industry, and its really cool to see this on the front page. There are some really interesting technical problems in fig

I work for a technology company in this industry, and its really cool to see this on the front page. There are some really interesting technical problems in figuring out the credit algorithms for loaning to small business owners. Banks don't have the incentive to care about $10,000 loans, but it makes a huge difference (as seen in the paper above and our own data) to these businesses. Its definitely an example of an industry where technology is "disrupting" hard. Loans which used to take 2-12 weeks to be approved can be approved by a computer in literally minutes, and the number of businesses that can be approved efficiently is drastically higher.