Alternative Credit Data

News

Shela Heramis

April 29, 2026

April 27, 2026

12 Minutes Read

Treasury Adds Anti-Bias Terms to CDFI Contracts

Annual certifications, records access added to terms

Secretary of State API

Shela Heramis

April 28, 2026

May 11, 2026

12 Minutes Read

High-Volume KYB at Platform Scale: Architecture for Infrastructure Companies (2026)

Platforms that embed KYB verification as a feature for downstream customers inherit every verification failure at N times the scale. Here is how the architecture has to change when you go from single-tenant underwriting to multi-tenant verification infrastructure.

Secretary of State API

Shela Heramis

April 28, 2026

May 8, 2026

12 Minutes Read

SOS Status Normalization: Why 'Active' Means Different Things in Different States (2026)

Every state's Secretary of State registry uses its own status vocabulary. 'Active' in one state is 'Good Standing' in another and 'Current' in a third. Your verification layer either normalizes cleanly or accumulates silent underwriting drift. Here is the data-model playbook.

Secretary of State API

Shela Heramis

April 28, 2026

May 7, 2026

12 Minutes Read

Verification Waterfall Design: When to Use Cached vs Real-Time Secretary of State Data in 2026

Pure cache verification is cheap but stale. Pure live-ping is current but slow and expensive. A production waterfall routes each application to the right path based on deal risk, entity lifecycle, and state mix. This post is the architecture playbook.

Secretary of State API

Shela Heramis

April 28, 2026

May 4, 2026

12 Minutes Read

Confidence Scoring for KYB Decisioning: Beyond Match / No-Match in 2026

Binary match-or-no-match decisioning routes too many ambiguous cases to manual review and misses signal in the borderline band. Confidence-scored decisioning with tiered auto-accept, human review, and decline thresholds is the production pattern. Here is how to design it.

Secretary of State API

Shela Heramis

April 28, 2026

April 30, 2026

12 Minutes Read

Why Static Secretary of State Data Feeds Fail Modern KYB Verification in 2026

Static Secretary of State data feeds lag real-world registry changes by days or weeks, creating false no-matches that route legitimate deals into manual review or decline. This is what that costs alternative lenders at volume and what real-time lookup actually changes.

News

Shela Heramis

April 27, 2026

April 24, 2026

13 Minute Read

Pioneer-Targeted Lending Deal Triggers Warehouse Repricing Risk

SOFR+350-450 warehouse paper faces Q4 2026 repricing test

News

Shela Heramis

April 23, 2026

April 22, 2026

15 Minutes Read

CFPB Kills ECOA Disparate Impact, Effective July 21

Reg B Final Rule Hits 482,000 Nondepositories

News

Shela Heramis

April 21, 2026

April 20, 2026

13 Minute Read

Fresno Lender Pleads Guilty in $45M Participation Fraud

$20M Bitwise Participations Altered, Signature Forged, DOJ Says

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