Olympia, Wash.-based QCash Financial, a CUSO providing automated, cloud-based, omni-channel small-dollar lending technology for financial institutions, announced the launch of the latest version of its digital lending platform.

According to QCash its newest platform version provides improved flexibility in its Decision Manager algorithm. In this update, financial institutions can develop multiple decision models that take into consideration different indicators of a loan applicant's ability to repay, such as income, on-time payments or other factors. The update also offers financial institutions the ability to perform A/B testing to determine which decision models provide the best results and the ability to track each model's performance to improve profit and loss statistics.

"We are continually adapting our lending platform to fit the industry's and borrowers' needs," Ben Morales, CEO of QCash Financial, said. "We observed that financial institutions wanted more control over how to determine their borrowers' abilities to repay and especially wanted to offer their customers and members access to financial coaching, so we developed solutions to address those concerns."