Share PNC Bank is integrating technology from OakNorth to retool its commercial underwriting business. OakNorth, which operates as a bank in the U.K. and white labels its underwriting technology to other lenders, has developed what it calls a “COVID Vulnerability Rating” (CVR) framework to create a more granular, forward-looking approach to underwriting small businesses.  “Banks …Read More

Source: https://bankinnovation.net/allposts/biz-lines/lending/pnc-taps-oaknorth-to-retool-smb-underwriting-for-pandemic/