Lecture series
How a digital lending platform is built
The parts of a digital lending platform and what each one does: onboarding and origination, the decision engine, the loan ledger, payments and collections, and the controls that hold them together, with who may run each part and who stays responsible. Six lessons, from the overall map to the controls.
6 of 6 lessons published. Lesson 1 is free to read.
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- 01The parts of a lending platform: from application to repaymentA digital lending platform is not one system but a chain of parts, each doing one job in the life of a loan: taking in the customer, deciding, disbursing, keeping the account, collecting and reporting. Knowing the parts makes it clear what can be automated, who may run each part and who stays responsible.
- 02Onboarding and origination: identity, consent and the applicationBefore any credit decision, the platform has to establish three things: who the customer is, which data the customer agrees to let the lender use, and what exactly is being applied for. This lesson follows those three steps and the international standards and rules behind them.
- 03The decision engine: data, rules, scores and limitsThe decision engine turns an application into an answer: approve, decline or refer to a person, with a limit and a price. It works in a fixed order, from data to rules to score to limit, and keeps a record of why. This lesson takes the engine apart.
- 04The loan ledger: schedules, interest, fees and accountingOnce a loan is disbursed, the ledger keeps its account: what is owed, when, and why. It holds the schedule, computes interest and fees, counts the days a payment is late and feeds the lender's accounts. This lesson shows how it works and the rules that shape it.
- 05Payments, collections and reconciliationMoney leaves the lender once, at disbursement, and comes back in many small payments. This lesson follows those payments: through which channels they arrive, into whose account, how each one is matched to a loan, and how a lender follows up the ones that do not arrive, within the rules on fair collection.
- 06Controls, resilience and third parties: who answers for whatThe earlier lessons took the platform apart. This lesson looks at what holds it together: who checks the work, how changes are approved, how the lender keeps critical operations running when something fails, and how it stays responsible for every part that a third party runs.
Quiz and certificate 10 questions; those on lesson 1 are free to try. Read every published lesson and score 80% or more for a certificate of completion.
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