Why Visa Says It’s Time to Look Beyond the 'Personal FICO' to Underwrite Small Businesses' Credit

A fast ‘yes’ is the best, but a fast ‘no’ is better than a protracted ‘maybe,’ Matt Baker, head of small business at Visa, tells Karen Webster – and why bank SMB lending programs must move beyond the personal FICO score — and embrace automated decisioning — to improve SMB access to credit.