CLEVELAND, Feb. 3, 2025 -- Small Business Financial Exchange, Inc. (SBFE) and bluCognition announced a strategic partnership that will revolutionize small business lending analytics by combining bluCognition's advanced bank transaction data analysis with SBFE's comprehensive credit payment performance data.
The collaboration aims to deliver enhanced visibility into small business health through innovative solutions that complement SBFE's existing credit bureau partnerships. Additionally, the partnership will focus on expanding SBFE membership across U.S. lending institutions, furthering the organization's mission to support informed lending decisions.
"I am thrilled to have bluCognition partnering with SBFE to bring new products and services that will complement existing offerings from our credit bureau partners," said Elisabeth Hughes MacDonald, Chief Executive Officer of SBFE. "Our members will benefit greatly from the availability of these new tools."
The partnership represents a significant step forward in commercial lending risk management, combining SBFE's extensive data exchange network, which includes information from over 140 members including the top 10 commercial banks, with bluCognition's sophisticated AI and machine learning capabilities that leverage a borrower's banking transactions to predict their financial health in real time.
"In today's rapidly changing financial environment, bluCognition's strategic partnership with the SBFE will significantly advance the accuracy of currently available solutions to predict the financial health of any borrower. This partnership with SBFE will allow us to provide lenders an integrated view of any borrower by combining their credit payment performance with insights derived from leveraging their banking and financial transactions in real time." said Sangarsh Nigam, President & CEO of bluCognition.
About SBFE
SBFE: The Data to Power Small Business Lending. SBFE was created by the small business lending industry over 20 years ago. SBFE operates a highly trusted data exchange on behalf of lenders to small businesses; these lenders become members of SBFE's trade association. SBFE securely stores and manages data from over 140 members, including the top 10 commercial banks, which makes SBFE one of the largest repositories of small business credit information. SBFE members' data is used by SBFE's commercial credit bureau partners to deliver highly predictive credit reporting products and portfolio management tools. Learn more at SBFE.org
About bluCognition
bluCognition is a technology-driven company dedicated to enhancing the data and analytical capabilities of commercial lenders through advanced AI and machine learning solutions. By enhancing data and analytics, we help lenders make more informed decisions through improved risk assessments. Specializing in data augmentation and the analysis of financial and banking data, bluCognition enables lenders to evaluate creditworthiness more accurately. Our solutions provide detailed insights, including transaction categorization, proprietary risk scores, income statements, and cash flow analyses, giving lenders the tools they need to better serve their clients and navigate the complexities of modern lending.
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