Our founder saw an industry that was stuck doing the same thing expecting different results. Technology companies have taken advantage of this mindset and locked bankers into long term contracts with outdated and shelved technology. Today, our world is changing faster than ever - how can banks expect to be competitive with outdated technology? This technology causes errors from manual inputs, systems that do not communicate with each other, multiple sources of data, and people stitching the process together. Bankers become clerks inputting data again and again and not focusing on the customer relationship.
He partnered with technologists with backgrounds from MIT, Harvard, and George Washington University to create Micah™. Micah™ is a learning machine that helps banks gain insights, go to market faster, and see actionable data faster for loan decisioning. Lending can be complex and needs humans to be part of the process to understand the “why” behind a deal. Micah™ helps bankers get there faster with data that is explainable, verifiable, and trustworthy.
At The Micah Group, we believe that technology should help people become more efficient and effective. It should solve a problem and not inhibit people or processes. We believe banks should own the data in a clean and structured format. We believe in partnering by solving problems you face each day and not selling something we have developed or made.