How to Lend Money to Strangers

"We live in a world where AI is transforming everything, but the real opportunity isn’t in automation: it’s in reimagining systems around people." In today's episode, I'm speaking to Dr Diederick van Thiel, fintech entrepreneur, executive, academic, and, most recently, author of Brilliant Data, a call to leaders, innovators, and policymakers to create intelligent systems that don’t just think quickly, but also care deeply. "The future doesn’t belong to those with the most data. It belongs to those who understand it".Oh, and because Dr van Thiel is a fintech founder, too, we also discuss a range of other topics, including how AdviceRobo's personality-based credit scoring can open up new sectors and thus approve more loans than traditional methods.AdviceRobo is at https://advicerobo.ai/ and at https://www.linkedin.com/company/advicerobofixingglobalcredit/Find links to the book at https://advicerobo.ai/brilliant-data/ (or via my featured book page https://www.howtolendmoneytostrangers.show/recommended-reads)Connect with me on LinkedIn at https://www.linkedin.com/in/brendanlegrange/As is the show, please follow its page at https://www.linkedin.com/company/how-to-lend-money-to-strangers/ (once you have followed, look for the circle with the three dots in the header section, click that and then 'invite connections' and invite any of your colleagues who you think might like the contentCommercial partners include (when you click one of these affiliate links, I earn a small commission but you won't pay a cent more)ProtonVPN Browse privately with a community-owned secure VPN that safeguards your privacy. https://go.getproton.me/aff_c?offer_id=26&aff_id=12767Ogma Risk & Analytics: Customized risk management and analytic consulting for you https://www.ogmara.com/?utm_source=HTLMTS&utm_medium=banner&utm_campaign=OGMA+intro&utm_id=2501Friends of the show include: https://www.ontap.co.za/pages/hoedspruit-store-details (for all your Hoedspruit-based bathroom needs), https://www.joinhumoni.com, https://www.haboomoney.com/, and https://beetlesense.aiAnd since you like podcasts, I'm also co-create hAIghtened senses with Christo van Zyl, in which looks at the intersection between human senses and technologyKeep well, Brendan Hosted on Acast. See acast.com/privacy for more information.

Data analytics is no longer an isolated and arcane backroom activity to be understood by only a handful of geeks, it's at the core of every successful lending business.For those of us that have grown up in data science, that's great news, but that rising prominence also means that a new audience must now come to terms with the implications of machine learning versus logistic regression scores, with gini coefficients and information values and bins and weights, etc. And that new audience is an important one: the Board. Marlize Buys started her career getting hands-on with credit scorecards, then she helped to build a lending business of her own, and now she is advising the boards of major banks with that particular transition.Marlize has been so busy optimising lending businesses that she hasn't quite got her website up and running, but Most Probably is on LinkedIn at https://www.linkedin.com/company/most-probably/ Or you can speak to her directly https://www.linkedin.com/in/marlizebuys/ I'm on LinkedIn, too, at https://www.linkedin.com/in/brendanlegrange/As is the show, please follow its page at https://www.linkedin.com/company/how-to-lend-money-to-strangers/ (once you have followed, look for the circle with the three dots in the header section, click that and then 'invite connections' and invite any of your colleagues who you think might like the contentYou can support the show by buying one of my guests via the affiliate links on my site (it doesn't cost you anything extra): https://www.howtolendmoneytostrangers.show/recommended-readsCommercial partners include (when you click one of these affiliate links, I earn a small commission but you won't pay a cent more)ProtonVPN Browse privately with a community-owned secure VPN that safeguards your privacy. https://go.getproton.me/aff_c?offer_id=26&aff_id=12767Ogma Risk & Analytics: Customized risk management and analytic consulting for you https://www.ogmara.com/?utm_source=HTLMTS&utm_medium=banner&utm_campaign=OGMA+intro&utm_id=2501Friends of the show include: https://www.ontap.co.za/pages/hoedspruit-store-details (for all your Hoedspruit-based bathroom needs), https://www.joinhumoni.com, https://www.haboomoney.com/, and https://beetlesense.aiAnd since you like podcasts, I'm also co-create hAIghtened senses with Christo van Zyl, in which looks at the intersection between human senses and technologyKeep well, Brendan Hosted on Acast. See acast.com/privacy for more information.

We typically explain SME under lending as a supply gap: staid banks don't want to, or simply don't know how to, lend to new-fangled businesses. And to some extent, that is true, but there is also a demand gap. "There is a lack of knowledge, confidence, and trust when it comes to seeking growth capital through loans. While many founders hesitate to borrow, nearly 60% abandon loan applications midway, citing fear of rejection or complex terms".This "confidence gap" - and how Juice's Smart Growth Capital - is what I'm discussing today with Katherine Chan.You can get Juice (or just read more about them) at https://www.getmejuice.com/ (head on over to their Growth Hub for some great content https://www.getmejuice.com/growth-hub/growth-hub)Meanwhile, Katherine is on LinkedIn at https://www.linkedin.com/in/chankatherine00/ I'm on LinkedIn, too, at https://www.linkedin.com/in/brendanlegrange/As is the show, please follow its page at https://www.linkedin.com/company/how-to-lend-money-to-strangers/ (once you have followed, look for the circle with the three dots in the ehader section, click that and then 'invite connections' and invite any of your colleagues who you think might like the contentYou can support the show by buying one of my guests via the affiliate links on my site (it doesn't cost you anything extra): https://www.howtolendmoneytostrangers.show/recommended-readsCommercial partners include (when you click one of these affiliate links, I earn a small commission but you won't pay a cent more)ProtonVPN Browse privately with a community-owned secure VPN that safeguards your privacy. https://go.getproton.me/aff_c?offer_id=26&aff_id=12767Ogma Risk & Analytics: Customized risk management and analytic consulting for you https://www.ogmara.com/?utm_source=HTLMTS&utm_medium=banner&utm_campaign=OGMA+intro&utm_id=2501Friends of the show include: https://www.ontap.co.za/pages/hoedspruit-store-details (for all your Hoedspruit-based bathroom needs), https://www.joinhumoni.com, https://www.haboomoney.com/, and https://beetlesense.aiAnd since you like podcasts, I'm also co-create hAIghtened senses with Christo van Zyl, in which looks at the intersection between human senses and technologyKeep well, Brendan Hosted on Acast. See acast.com/privacy for more information.

For a long time now, the prevailing narrative has been branch versus phone, and phone has been winning. But there is another option, branch and phone, or rather branch in phone, and it gives us the best of both worlds plus a few fresh advantages to boot.Connect with Albert on LinkedIn using https://www.linkedin.com/in/albert-howard-mb/And while you're there, stay up to date with the Mini Branch story at https://www.linkedin.com/company/minibranch/Or jump straight to their homepage at https://www.minibranch.com/I'm on LinkedIn, too, at https://www.linkedin.com/in/brendanlegrange/As is the show, please follow its page at https://www.linkedin.com/company/how-to-lend-money-to-strangers/ (once you have followed, look for the circle with the three dots in the ehader section, click that and then 'invite connections' and invite any of your colleagues who you think might like the contentYou can support the show by buying one of my guests via the affiliate links on my site (it doesn't cost you anything extra): https://www.howtolendmoneytostrangers.show/recommended-readsCommercial partners include (when you click one of these affiliate links, I earn a small commission but you won't pay a cent more)ProtonVPN Browse privately with a community-owned secure VPN that safeguards your privacy. https://go.getproton.me/aff_c?offer_id=26&aff_id=12767Ogma Risk & Analytics: Customized risk management and analytic consulting for you https://www.ogmara.com/?utm_source=HTLMTS&utm_medium=banner&utm_campaign=OGMA+intro&utm_id=2501Friends of the show include: https://www.ontap.co.za/pages/hoedspruit-store-details (for all your Hoedspruit-based bathroom needs), https://www.joinhumoni.com, https://www.haboomoney.com/, and https://beetlesense.aiAnd since you like podcasts, I'm also co-create hAIghtened senses with Christo van Zyl, in which looks at the intersection between human senses and technologyKeep well, Brendan Hosted on Acast. See acast.com/privacy for more information.

While it is true that our mistakes are a great source of learning, it is also true that they can be a very expensive source of learning. This is particularly true when it comes to credit, where human nature and compound interest mean that many of us first learn about the true mechanics of credit when collections are on the phone and our debts have ballooned. Luckily, Latreace Sankey-Wells, with help from the team at Experian, is making sure that the students at Fisk University are better equipped than that.In this episode, we chat about the importance and impact of consumer education, especially for young consumers.Our discussion was inspired by Latreace's OpEd for American Banker, which you can read here: https://www.americanbanker.com/opinion/banks-need-to-be-more-proactive-in-promoting-youth-financial-literacyRod's broader work can be followed, most easily, over here https://www.experian.com/blogs/news/about/creditchat/You can find Latreace on LinkedIn at https://www.linkedin.com/in/latreacewells/Rod is on LinkedIn at https://www.linkedin.com/in/rodgriffin1/And I'm there, too, at https://www.linkedin.com/in/brendanlegrange/You can support the show by buying one of my guests via the affiliate links on my site (it doesn't cost you anything extra): https://www.howtolendmoneytostrangers.show/recommended-readsCommercial partners include (when you click one of these affiliate links, I earn a small commission but you won't pay a cent more)ProtonVPN Browse privately with a community-owned secure VPN that safeguards your privacy. https://go.getproton.me/aff_c?offer_id=26&aff_id=12767Ogma Risk & Analytics: Customized risk management and analytic consulting for you https://www.ogmara.com/?utm_source=HTLMTS&utm_medium=banner&utm_campaign=OGMA+intro&utm_id=2501Friends of the show include: https://www.ontap.co.za/pages/hoedspruit-store-details (for all your Hoedspruit-based bathroom needs), https://www.joinhumoni.com, https://www.haboomoney.com/, and https://beetlesense.aiAnd since you like podcasts, I'm also co-create hAIghtened senses with Christo van Zyl, in which looks at the intersection between human senses and technologyKeep well, Brendan Hosted on Acast. See acast.com/privacy for more information.

Agricultural loans offer a unique combination of high collateral and EU subsidies – in a crisis-resistant sector. Lande gives us exclusive access to these loans, and this week I'm speaking to the founder, Nikita Goncars.Meet Nikita on LinkedIn at https://www.linkedin.com/in/nikita-goncars-lande/Or jump straight to Lande's homepage at https://lande.finance/BadIdeas.fund is at, you guessed it, https://www.badideas.fund/ and Fintech Latvian is at https://fla.lv/You can find me on LinkedIn, too, of course, at https://www.linkedin.com/in/brendanlegrange/ Follow the show, too, at https://www.linkedin.com/company/how-to-lend-money-to-strangersYou can support the show by buying one of my guests via the affiliate links on my site (it doesn't cost you anything extra): https://www.howtolendmoneytostrangers.show/recommended-readsCommercial partners include (when you click one of these affiliate links, I earn a small commission but you won't pay a cent more)ProtonVPN Browse privately with a community-owned secure VPN that safeguards your privacy. https://go.getproton.me/aff_c?offer_id=26&aff_id=12767Ogma Risk & Analytics: Customized risk management and analytic consulting for you https://www.ogmara.com/?utm_source=HTLMTS&utm_medium=banner&utm_campaign=OGMA+intro&utm_id=2501Friends of the show include: https://www.ontap.co.za/pages/hoedspruit-store-details (for all your Hoedspruit-based bathroom needs), https://www.joinhumoni.com, https://www.haboomoney.com/, and https://beetlesense.aiAnd since you like podcasts, I'm also co-create hAIghtened senses with Christo van Zyl, in which looks at the intersection between human senses and technologyKeep well, Brendan Hosted on Acast. See acast.com/privacy for more information.

People don't want mortgages; they want houses, and mortgages are just the unavoidable, often overly-complicated means to that end. Scott Baker understands this, and has embedded it into the very fabric of Toast.Join us as we talk about Scott's journey from retail to finance, the state of the Australian mortgage landscape, and how he built Toast to help consumers dream big and plan bigger.Toast is online at https://www.toastfinance.com.au/It is also on LinkedIn at https://www.linkedin.com/company/toast-finance/Or jump straight to Scott at https://www.instagram.com/scott_thebroker_baker/ or https://www.linkedin.com/in/scottybaker/ And you can find me on LinkedIn, too, of course, at https://www.linkedin.com/in/brendanlegrange/ Follow the show, too, at https://www.linkedin.com/company/how-to-lend-money-to-strangersYou can support the show by buying one of my guests via the affiliate links on my site (it doesn't cost you anything extra): https://www.howtolendmoneytostrangers.show/recommended-readsCommercial partners include (when you click one of these affiliate links, I earn a small commission but you won't pay a cent more)ProtonVPN Browse privately with a community-owned secure VPN that safeguards your privacy. https://go.getproton.me/aff_c?offer_id=26&aff_id=12767Ogma Risk & Analytics: Customized risk management and analytic consulting for you https://www.ogmara.com/?utm_source=HTLMTS&utm_medium=banner&utm_campaign=OGMA+intro&utm_id=2501Friends of the show include: https://www.ontap.co.za/pages/hoedspruit-store-details (for all your Hoedspruit-based bathroom needs), https://www.joinhumoni.com, https://www.haboomoney.com/, and https://beetlesense.aiAnd since you like podcasts, I'm also co-create hAIghtened senses with Christo van Zyl, in which looks at the intersection between human senses and technologyKeep well, Brendan Hosted on Acast. See acast.com/privacy for more information.

We’re increasingly seeing collaboration between cybercrime, fraud, organised crime and money laundering. Organisations face mounting challenges in protecting their digital infrastructure and customers from fraudulent activities - and this is true in developed and developing markets. Developed countries tend to have more developed risk controls, but they remain attractive to fraudsters because of the scale of opportunity they represent - more work for frausters, yes, but more reward. Developing countries, on the other hand, typically have less robust digital ecosystems but they have the perfect opportunity to leapfrog into a secure and trusted new online world.In today's episode, I find out how Rob Meakin and his Fraud and Identity team at CreditInfo are helping lenders adjust.You can start your CreditInfo journey over at https://creditinfo.com/# and jump from there to the market that you're most interested in, or find the study we speak about right here: https://chronicle.creditinfo.com/2025/04/22/the-importance-of-trust-in-digital-interactions-the-cornerstone-of-a-digital-economy/ You can find Rob on LinkedIn at https://www.linkedin.com/in/robmeakin/And you can find me there, too, of course, at https://www.linkedin.com/in/brendanlegrange/ Folloe the show, too, at https://www.linkedin.com/company/how-to-lend-money-to-strangersYou can support the show by buying one of my guests via the affiliate links on my site (it doesn't cost you anything extra): https://www.howtolendmoneytostrangers.show/recommended-readsCommercial partners include (when you click one of these affiliate links, I earn a small commission but you won't pay a cent more)ProtonVPN Browse privately with a community-owned secure VPN that safeguards your privacy. https://go.getproton.me/aff_c?offer_id=26&aff_id=12767Ogma Risk & Analytics: Customized risk management and analytic consulting for you https://www.ogmara.com/?utm_source=HTLMTS&utm_medium=banner&utm_campaign=OGMA+intro&utm_id=2501Friends of the show include: https://www.ontap.co.za/pages/hoedspruit-store-details (for all your Hoedspruit-based bathroom needs), https://www.joinhumoni.com, https://www.haboomoney.com/, and https://beetlesense.aiAnd since you like podcasts, I'm also co-create hAIghtened senses with Christo van Zyl, in which looks at the intersection between human senses and technologyKeep well, Brendan Hosted on Acast. See acast.com/privacy for more information.

Corporate cards, payments, accounting, and credit for growing businesses in 25+ countries - there's a lot to cover today, and then we also chat about Brazzilion fintech and Guga's impressive career!If you're in Mexico as this comes out, I think you can still catch the Jeeves team at Mexico Tech week (https://www.mexicotechweek.mx/). If not, you can try Jeeves over at https://www.tryjeeves.com/br (or for any of the other 6 regions by removing the extension, but you all know how the internet works)You can find Guga (Gustavo) on LinkedIn at https://www.linkedin.com/in/gorenstein/ or Jeeves at https://www.linkedin.com/company/tryjeevesI'm on LinkedIn, too, of course, at https://www.linkedin.com/in/brendanlegrange/ as is the show https://www.linkedin.com/company/how-to-lend-money-to-strangersYou can support the show by buying one of my guests via the affiliate links on my site (it doesn't cost you anything extra): https://www.howtolendmoneytostrangers.show/recommended-readsCommercial partners include (when you click one of these affiliate links, I earn a small commission but you won't pay a cent more)ProtonVPN Browse privately with a community-owned secure VPN that safeguards your privacy. https://go.getproton.me/aff_c?offer_id=26&aff_id=12767Ogma Risk & Analytics: Customized risk management and analytic consulting for you https://www.ogmara.com/?utm_source=HTLMTS&utm_medium=banner&utm_campaign=OGMA+intro&utm_id=2501Friends of the show include: https://www.ontap.co.za/pages/hoedspruit-store-details (for all your Hoedspruit-based bathroom needs), https://www.joinhumoni.com, https://www.haboomoney.com/, and https://beetlesense.aiAnd since you like podcasts, I'm also co-create hAIghtened senses with Christo van Zyl, in which looks at the intersection between human senses and technologyKeep well, Brendan Hosted on Acast. See acast.com/privacy for more information.

If you're fed up with chasing unpaid invoices and debts, iCollect's DIY debt collection software might be the solution for you. You don't have to be a lender to have creditors, but you often have to be a lender to afford a full team to chase those creditors when they start to default - that's where Amanda Morrison steps in.icollect is at https://www.icollect.co.nz/Guardian Credit Services are at https://www.guardiancredit.co.nz/Or jump right to LinkedIn, where Amanda is at https://www.linkedin.com/in/amanda-morrison-nz-b07b7226/I'm on LinkedIn, too, of course, at https://www.linkedin.com/in/brendanlegrange/ as is the show https://www.linkedin.com/company/how-to-lend-money-to-strangersYou can support the show by buying one of my guests via the affiliate links on my site (it doesn't cost you anything extra): https://www.howtolendmoneytostrangers.show/recommended-readsCommercial partners include (when you click one of these affiliate links, I earn a small commission but you won't pay a cent more)ProtonVPN Browse privately with a community-owned secure VPN that safeguards your privacy. https://go.getproton.me/aff_c?offer_id=26&aff_id=12767Ogma Risk & Analytics: Customized risk management and analytic consulting for you https://www.ogmara.com/?utm_source=HTLMTS&utm_medium=banner&utm_campaign=OGMA+intro&utm_id=2501Friends of the show include: https://www.ontap.co.za/pages/hoedspruit-store-details (for all your Hoedspruit-based bathroom needs), https://www.joinhumoni.com, https://www.haboomoney.com/, and https://beetlesense.aiAnd since you like podcasts, I'm also co-create hAIghtened senses with Christo van Zyl, in which looks at the intersection between human senses and technologyKeep well, Brendan Hosted on Acast. See acast.com/privacy for more information.

Getting out of debt has never been harder, and, yes, a sluggish economy and the cost of recovering from a global pandemic play a big role in this, but lenders are not entirely blameless. For too long, it felt cheaper to deliver rigid and unpleasant collections processes, because 'it's not like the customer has a choice'. But they do, they have the most important choice available: to pay or not to pay.Collections is not just about 'how do we make the customer pay', it's about 'how do we let them pay' and so, yes, getting out of debt has never been harder, but in today's episode, Hannah Baynham explains how Haboo Money is fixing this with personalised, flexible and intelligent collections.Haboo Money can be experienced at https://www.haboomoney.com/Hannah can be reached on LinkedIn at http://linkedin.com/in/hannah-baynham/As is Haboo, at https://www.linkedin.com/company/haboo-moneyI'm on LinkedIn, too, of course, at https://www.linkedin.com/in/brendanlegrange/ as is the show https://www.linkedin.com/company/how-to-lend-money-to-strangersYou can support the show by buying one of my guests via the affiliate links on my site (it doesn't cost you anything extra): https://www.howtolendmoneytostrangers.show/recommended-readsCommercial partners include (when you click one of these affiliate links, I earn a small commission but you won't pay a cent more)ProtonVPN Browse privately with a community-owned secure VPN that safeguards your privacy. https://go.getproton.me/aff_c?offer_id=26&aff_id=12767Ogma Risk & Analytics: Customized risk management and analytic consulting for you https://www.ogmara.com/?utm_source=HTLMTS&utm_medium=banner&utm_campaign=OGMA+intro&utm_id=2501Friends of the show include: https://www.ontap.co.za/pages/hoedspruit-store-details (for all your Hoedspruit-based bathroom needs), https://www.joinhumoni.com, and https://chaos-out-of-order.com/And since you like podcasts, I'm also co-create hAIghtened senses with Christo van Zyl, in which looks at the intersection between human senses and technologyKeep well, Brendan Hosted on Acast. See acast.com/privacy for more information.

Suren Rastogi started his career in financial services, but, called to do something a little more exciting, he has broken away to pursue his dream of launching a board game. We'll talk about his roots, his pivot, and what it took to create Burnout: a chaotic strategic party game about mental health and the daily grind.Head on over to https://www.burnoutgame.com/ to get on the waitlist, it's the perfect office Secret Santa gift!Follow the team on Instagram https://www.instagram.com/end_burnout/And follow Suren on LinkedIn at https://www.linkedin.com/in/surenrastogi/ - you can chat to him about game development, corporate tie-ins, and just about anything to be honest.I'm on LinkedIn, too, at https://www.linkedin.com/in/brendanlegrange/ as is the show https://www.linkedin.com/company/how-to-lend-money-to-strangersAnd if you're interested in other lending folk following their dreams, check out Gideon's episode at https://www.howtolendmoneytostrangers.show/episodes/episode-55You can support the show by buying one of my guests via the affiliate links on my site (it doesn't cost you anything extra): https://www.howtolendmoneytostrangers.show/recommended-readsCommercial partners include (when you click one of these affiliate links, I earn a small commission but you won't pay a cent more)ProtonVPN Browse privately with a community-owned secure VPN that safeguards your privacy. https://go.getproton.me/aff_c?offer_id=26&aff_id=12767Ogma Risk & Analytics: Customized risk management and analytic consulting for you https://www.ogmara.com/?utm_source=HTLMTS&utm_medium=banner&utm_campaign=OGMA+intro&utm_id=2501Friends of the show include: https://www.ontap.co.za/pages/hoedspruit-store-details (for all your Hoedspruit-based bathroom needs), https://www.joinhumoni.com, and https://chaos-out-of-order.com/And since you like podcasts, I'm also co-create hAIghtened senses with Christo van Zyl, in which looks at the intersection between human senses and technologyKeep well, Brendan Hosted on Acast. See acast.com/privacy for more information.

Banking that's good for you and the planet. You can see the GreenFi offering first-hand at https://www.greenfi.com/. GreenFi helps you save money, earn cash back, and plant trees - all while keeping your money out of fossil fuels. No mandatory fees. No greenwashing. Just a better way to bank.You can follow Tim on LinkedIn at https://www.linkedin.com/in/timothynewell/ Follow GreenFi at the saem time over at https://www.linkedin.com/company/greenfibanking/I am on LinkedIn, too, at https://www.linkedin.com/in/brendanlegrange/ as is the show https://www.linkedin.com/company/how-to-lend-money-to-strangersYou can support the show by buying one of my guests via the affiliate links on my site (it doesn't cost you anything extra): https://www.howtolendmoneytostrangers.show/recommended-readsCommercial partners include (when you click one of these affiliate links, I earn a small commission but you won't pay a cent more)ProtonVPN Browse privately with a community-owned secure VPN that safeguards your privacy. https://go.getproton.me/aff_c?offer_id=26&aff_id=12767Ogma Risk & Analytics: Customized risk management and analytic consulting for you https://www.ogmara.com/?utm_source=HTLMTS&utm_medium=banner&utm_campaign=OGMA+intro&utm_id=2501Friends of the show include: https://www.ontap.co.za/pages/hoedspruit-store-details (for all your Hoedspruit-based bathroom needs), https://www.joinhumoni.com, and https://chaos-out-of-order.com/And since you like podcasts, I'm also co-create hAIghtened senses with Christo van Zyl, in which looks at the intersection between human senses and technologyKeep well, Brendan Hosted on Acast. See acast.com/privacy for more information.

Luke Willms is an award-winning writer, director, and producer... and he's interested in lending. Unabnkable is the culmination of a seven-year, seven-country journey to unravel whether Africa's rich tapestry of tradition, innovation and experimentation to find out if it holds the key to Western economic revitalisation.Find all the details at https://unbankablemovie.com/ (or watch it on https://tv.apple.com/gb/movie/unbankable/umc.cmc.2b51h3w0b2lbdrvt0af8vklx2 or https://www.amazon.co.uk/Unbankable-Luke-Willms/dp/B0F4767PNFFollow Luke on LinkedIn at https://www.linkedin.com/in/luke-willms-87250049/I am on LinkedIn, too, at https://www.linkedin.com/in/brendanlegrange/ as is the show https://www.linkedin.com/company/how-to-lend-money-to-strangersYou can support the show by buying one of my guests via the affiliate links on my site (it doesn't cost you anything extra): https://www.howtolendmoneytostrangers.show/recommended-readsCommercial partners include (when you click one of these affiliate links, I earn a small commission but you won't pay a cent more)ProtonVPN Browse privately with a community-owned secure VPN that safeguards your privacy. https://go.getproton.me/aff_c?offer_id=26&aff_id=12767 Ogma Risk & Analytics: Customized risk management and analytic consulting for you https://www.ogmara.com/?utm_source=HTLMTS&utm_medium=banner&utm_campaign=OGMA+intro&utm_id=2501Friends of the show include: https://www.ontap.co.za/pages/hoedspruit-store-details (for all your Hoedspruit-based bathroom needs), https://www.joinhumoni.com, and https://chaos-out-of-order.com/And since you like podcasts, I'm also co-create hAIghtened senses with Christo van Zyl, in which looks at the intersection between human senses and technologyKeep well, Brendan Hosted on Acast. See acast.com/privacy for more information.

McKinsey recently surveyed senior credit risk executives from, among others, nine of the top ten US banks, and they asked them about their organisations’ adoption of GenAI, its current use cases, their future plans for it, and the challenges they expected. Twenty percent of the respondents had already implemented at least one GenAI use case in their organizations, and a further 60 percent expect to do so within a year. With how quickly AI is embedding itself in our daily lives, we have to assume that's already increased significantly, so I sat down with Arv Govindarajan, one of the authors of that article and a partner at McKinsey & Company, to talk about how lenders are embracing generative AI in credit risk.McKinsey & Co is online at https://www.mckinsey.com/ (also here, to jump straight to the Risk Dynamics team https://www.mckinsey.com/capabilities/risk-and-resilience/how-we-help-clients/risk-dynamics)Click here to read the article we're talking about https://www.mckinsey.com/capabilities/risk-and-resilience/our-insights/embracing-generative-ai-in-credit-riskMcKinsey are, of course, also on LinkedIn at https://www.linkedin.com/company/mckinsey/ Arv, in turn, is on LinkedIn at https://www.linkedin.com/in/arvindgovindarajan/ I am on LinkedIn, too, at https://www.linkedin.com/in/brendanlegrange/ as is the show https://www.linkedin.com/company/how-to-lend-money-to-strangersYou can support the show by buying one of my guests via the affiliate links on my site (it doesn't cost you anything extra): https://www.howtolendmoneytostrangers.show/recommended-readsCommercial partners include (when you click one of these affiliate links, I earn a small commission but you won't pay a cent more)ProtonVPN Browse privately with a community-owned secure VPN that safeguards your privacy. https://go.getproton.me/aff_c?offer_id=26&aff_id=12767Wedgwood Steeped in a rich heritage, over 260 wonderful years later, Wedgwood continues to be renowned for quality, innovative British design and timeless elegance: https://www.awin1.com/cread.php?s=2447792&v=3370&q=369217&r=2069741GoWithGuide 100% customizable, private and high-quality tours delivered by local, quality-assured guides and backed by 24/7 efficient and caring 24/7 customer service. You can book a tour in 500 cities around the world: https://www.awin1.com/awclick.php?gid=510974&mid=87121&awinaffid=2069741&linkid=3852288&clickref=Friends of the show include: https://www.ontap.co.za/pages/hoedspruit-store-details (for all your Hoedspruit-based bathroom needs), https://www.joinhumoni.com, and https://chaos-out-of-order.com/And since you like podcasts, I'm also co-create hAIghtened senses with Christo van Zyl, in which looks at the intersection between human senses and technologyKeep well, Brendan Hosted on Acast. See acast.com/privacy for more information.

Simplified funding for SMEs: pre-qualification in minutes, funded within a day, this is not the business lending of yesteryear. Credibly is at home online at https://www.credibly.com/ You can find Ryan on LinkedIn at https://www.linkedin.com/in/ryan-rosett-262b642/While Credibly is there at https://www.linkedin.com/company/credibly/I am on LinkedIn, too, at https://www.linkedin.com/in/brendanlegrange/ as is the show, at https://www.linkedin.com/company/how-to-lend-money-to-strangersYou can support the show by buying one of my guests via the affiliate links on my site (it doesn't cost you anything extra): https://www.howtolendmoneytostrangers.show/recommended-readsCommercial partners include (when you click one of these affiliate links, I earn a small commission but you won't pay a cent more)ProtonVPN Browse privately with a community-owned secure VPN that safeguards your privacy. https://go.getproton.me/aff_c?offer_id=26&aff_id=12767Wedgwood Steeped in a rich heritage, over 260 wonderful years later, Wedgwood continues to be renowned for quality, innovative British design and timeless elegance: https://www.awin1.com/cread.php?s=2447792&v=3370&q=369217&r=2069741GoWithGuide 100% customizable, private and high-quality tours delivered by local, quality-assured guides and backed by 24/7 efficient and caring 24/7 customer service. You can book a tour in 500 cities around the world: https://www.awin1.com/awclick.php?gid=510974&mid=87121&awinaffid=2069741&linkid=3852288&clickref=Friends of the show include: https://www.ontap.co.za/pages/hoedspruit-store-details (for all your Hoedspruit-based bathroom needs), https://www.joinhumoni.com, and https://chaos-out-of-order.com/And since you like podcasts, I'm also co-create hAIghtened senses with Christo van Zyl, in which looks at the intersection between human senses and technologyKeep well, Brendan Hosted on Acast. See acast.com/privacy for more information.

I've just added a new section to the website, featuring affiliate links to all the books written by the great guests we've featured on this show - https://www.howtolendmoneytostrangers.show/recommended-reads. If you scan that list before you listen to this show, you'll find among them Dr Michael Orkin with What Are the Odds? and Probability & Statistics Made Interesting. Dr. Orkin is a statistics professor and consultant, and a nationally known authority on probability and gambling games who has appeared on numerous TV and radio shows, on various conference stages, and, of course, on the cover of several books.So I was delighted to chat to him, not least of all because I've recently started teaching analytics myself and, in the process of designing my course, started to fall back in love with some of the quirks and nuances of probability.You can find Dr Orkin on LinkedIn at https://www.linkedin.com/in/dr-mike-orkin-5600584/I am on LinkedIn, too, at https://www.linkedin.com/in/brendanlegrange/ as is the show https://www.linkedin.com/company/how-to-lend-money-to-strangersCommercial partners include (when you click one of these affiliate links, I earn a small commission but you won't pay a cent more)ProtonVPN Browse privately with a community-owned secure VPN that safeguards your privacy. https://go.getproton.me/aff_c?offer_id=26&aff_id=12767Wedgwood Steeped in a rich heritage, over 260 wonderful years later, Wedgwood continues to be renowned for quality, innovative British design and timeless elegance: https://www.awin1.com/cread.php?s=2447792&v=3370&q=369217&r=2069741GoWithGuide 100% customizable, private and high-quality tours delivered by local, quality-assured guides and backed by 24/7 efficient and caring 24/7 customer service. You can book a tour in 500 cities around the world: https://www.awin1.com/awclick.php?gid=510974&mid=87121&awinaffid=2069741&linkid=3852288&clickref=Friends of the show include: https://www.ontap.co.za/pages/hoedspruit-store-details (for all your Hoedspruit-based bathroom needs), https://www.joinhumoni.com, and https://chaos-out-of-order.com/And since you like podcasts, I'm also co-create hAIghtened senses with Christo van Zyl, in which looks at the intersection between human senses and technologyKeep well, Brendan Hosted on Acast. See acast.com/privacy for more information.

Very early in my career, back in the days when the details from paper forms had to be typed into a computer to get the application process started, I heard about companies scanning application forms and then sending the files to India to have the data capture done there. A decade later, the guy I was chatting to in a hotel bar in Nairobi promised me he could build a collection call centre in India, staffed by Swahili-speaking staff at a fraction of the local cost. And now, as I hear from Rajul Sood, we can outsource an entire AI infrastructure - the back-end of intech is changing just as fast as the front-end!You can find Acuity Knowledge Partners online at https://www.acuitykp.com/Rajul is on LinkedIn at https://www.linkedin.com/in/rajul-sood-vohra-2475b417/ and Acuity Knowledge Partners at https://www.linkedin.com/company/acuity-knowledge-partnersI am on LinkedIn, too, at https://www.linkedin.com/in/brendanlegrange/ as is the show https://www.linkedin.com/company/how-to-lend-money-to-strangersCommercial partners include: GoWithGuide 100% customizable, private and high-quality tours delivered by local, quality-assured guides and backed by 24/7 efficient and caring 24/7 customer service. You can book a tour in 500 cities worldwide by clicking this affiliate link (I'll earn a small commission, but you won't pay a cent more): https://www.awin1.com/awclick.php?gid=510974&mid=87121&awinaffid=2069741&linkid=3852288&clickref=Friends of the show include: https://www.ontap.co.za/pages/hoedspruit-store-details (for all your Hoedspruit-based bathroom needs), https://www.joinhumoni.com, and https://chaos-out-of-order.com/And since you like podcasts, I'm also co-create hAIghtened senses with Christo van Zyl, in which will look at the intersection between human senses and technology, especially AI-powered technology.Keep well, Brendan Hosted on Acast. See acast.com/privacy for more information.

You can't lend money if you don't have capital. And you can't grow your capital if you don't deploy it. There have long been matchmakers to link those two sides together, but traditionally they've only come into play when the numbers involved started b's or even t's. Exaloan closes the global funding gap for individuals, entrepreneurs, and SMEs by connecting institutional capital with the digital lending ecosystem, digitizing the refinancing processes for lenders. So today we're taking the loan for granted and looking, instead, at what we do to generate fresh capital and strong returns for investors.Exaloan can be found online at https://www.exaloan.com/Luca is on LinkedIn at https://www.linkedin.com/in/luca-andre-frignani/ Exaloan's page is at https://www.linkedin.com/company/exaloan/You can find me on LinkedIn, too, at https://www.linkedin.com/in/brendanlegrange/ - please do connectFriends of the show include: https://www.ontap.co.za/pages/hoedspruit-store-details (for all your Hoedspruit-based bathroom needs), https://www.joinhumoni.com, and https://chaos-out-of-order.com/Meanwhile, my action-adventure novels are on Amazon, some versions even for free, and my work with ConfirmU and our gamified psychometric scores is discussed at https://confirmu.com/ and on episode 24 of this show https://www.howtolendmoneytostrangers.show/episodes/episode-24And since you like podcasts, I'm also co-create hAIghtened senses with Christo van Zyl, in which will look at the intersection between human senses and technology, especially AI-powered technology.Keep well, Brendan Hosted on Acast. See acast.com/privacy for more information.

The Dunning-Kruger effect is a cognitive bias where people with high ability on a given task tend to underestimate their competence, while those with low ability overestimate theirs. It's typically examples of the second half of that antithesis that make the headlines, but the first half is problematic, too, because sometimes the experts best placed to start a new business are the ones most held back by doubt. And that's why I love the controlled environment that In Vitro Capital has created to, essentially, employ potential founders to build businesses without all the unknowns of traditional entrepreneurship. And it worksAmir Barsoum is the founder, managing partner, and CEO of InVitro Capital, and he takes us through the vision behind it all. You can find Amir on LinkedIn at https://www.linkedin.com/in/amirmbarsoum/ I'm there, too, and open to all new connection requests (just mention the show) https://www.linkedin.com/in/brendanlegrange/You can find In Vitro online at https://invitrocapital.com/about-us/ or on LinkedIn at https://www.linkedin.com/company/invitrocapitalFriends of the show include: https://www.ontap.co.za/pages/hoedspruit-store-details (for all your Hoedspruit-based bathroom needs), https://www.joinhumoni.com, and https://chaos-out-of-order.com/Meanwhile, my action-adventure novels are on Amazon, some versions even for free, and my work with ConfirmU and our gamified psychometric scores is discussed at https://confirmu.com/ and on episode 24 of this show https://www.howtolendmoneytostrangers.show/episodes/episode-24And since you like podcasts, I'm also co-create hAIghtened senses with Christo van Zyl, in which will look at the intersection between human senses and technology, especially AI-powered technology.Keep well, Brendan Hosted on Acast. See acast.com/privacy for more information.