The Lantern
News and Blogs
It Really Shouldn’t Be This Difficult: Small Dollar Small Business Lending
Somehow, even with more than 33 million small businesses in the United States, making small dollar small business loans lacks the process efficiencies to make
Unlock Your Lending Potential: How Lumos Prime+ Score Helps Overcome Small Business Credit Risk
Ask a lender to choose between 2 options: originate ONE $3 million small business loan or originate TEN $300 thousand small business loans, which do
Lumos Technologies Releases Lumos Prime+ Score for Small Business Loans Exclusively Through Lenders Cooperative
Wilmington, N.C., Jan. 26, 2023 – In response to the rising demand for better credit insights from lenders financing small business loans, data insights and
It’s a Big, Big Deal: The Giant Opportunity for Smaller Dollar Small Business Lending
Small dollar loans to small businesses are a trending topic. With more than 33 million small businesses in the United States, it is easy to
The Secret Every Small Business Lender Knows: The Market Opportunity for Small Dollar Loans is Vast
It’s not a secret that financial institutions have historically struggled to provide small dollar financing to small businesses. This type of lending comes with inherently
Lumos Technologies Launches Suite of Products Focused on Small Business Lending and Banking Trends
Wilmington, NC, January 17, 2023 – Lumos Technologies, a financial technology platform specializing in banking data and analytics, is announcing the launch of its new
9 Data Security Practices Every Start-Up Should Implement Early
Data security protects digital information from unauthorized access, use, disclosure, or destruction. You probably have a better grasp of baseline data security practices than you realize.
Data Storage Wars: Solutions in AWS, Azure, Google Cloud, and Snowflake
Most of the world’s companies, and even individuals, rely on cloud data storage for things they do every day. Whether they run a simple website
How Model Risk Management Strengthens Your Machine Learning Strategy
As adoption of artificial intelligence (AI) continues to proliferate around the economy, businesses must build strategies around how to manage these new processes. One sector
Is SBA Loan Performance a Proxy for the Broader Economy?
Many academic papers have been written about SBA guaranteed lending programs. They explore everything from loan failure rates to the impact on the availability of
4 Ways Unemployment Affects Financial Institutions
It’s never easy when unemployment rates are high and job creation is at a standstill. While these situations produce high-stress levels for individuals directly impacted
How Banks Navigate Rising Inflation
Do banks win or lose in a high inflation scenario? The answer is more complex than you might think. As inflation reaches a decades-long peak,