A path to profitable lending, with Maik Taro Wehmeyer (Taktile)

<p>"Profitability is paramount for the global lending industry in 2023. But for lenders to increase profitability under the new status quo, much of the industry must undergo change. To stay ahead of the game, lenders need to fully enable every level of their business to react quickly to market changes and proactively steer their risk selection."</p><br><p><br></p><p><a href="https://www.taktile.com/" rel="noopener noreferrer" target="_blank">Taktile </a>is using cutting edge data tech to allow businesses to build, run and evaluate automated decision flows&nbsp;quicker and more data-driven than ever before.&nbsp;You can't guess your way to the right decision, as they say. That's right in the target area of this show and yet, we're largely skipping over their skills for this episode, and delving instead into the results of their <a href="https://www.taktile.com/articles/taktile-s-state-of-lending-report-reveals-how-lenders-plan-to-grow-more-profitably-in-2023" rel="noopener noreferrer" target="_blank">first annual <em>State of Lending Report</em></a>. When people ask me about this show, one of the first questions they ask is about reach. And my answer is it's small. But it is also mighty: the most common job titles in my audience run, in descending order, from CEO to founder to co-founder to Managing Director to Credit Manager. Quality over quantity and all of that.</p><br><p><br></p><p>That's also one of the reasons I love this <em>State of Lending Report </em>- at a time we need it more than ever, it builds a guiding star from the combined insights of global lending leaders, half of whom are credit leaders and another quarter of whom are CEO, CPOs, or CTOs. It's a treasure trove, and today we going through it with <a href="https://www.linkedin.com/in/maik-taro-wehmeyer/" rel="noopener noreferrer" target="_blank">Maik Taro Wehmeyer</a>, Taktile's co-founder and CEO.</p><br><p><br></p><p>You can - and should - download your own version of the report over here: https://www.taktile.com/articles/taktile-s-state-of-len