Can we start with a little history and a quick overview of MindBox?
Mr. Barfus: MindBox is a young company with a long history; it sounds contradictory, but it’s the case. There are a couple predecessor companies; one of which dates back to the mid ’80s. The premise of that company was basically to take sophisticated concepts for artificial intelligence and apply them into the commercial world. Since then, the company has changed and reinvented itself a number of times. MindBox was established in 2000, and is focused on bringing intelligent applications to the financial services industry. Our initial focus has been in mortgage although we’re moving into other areas of financial services. TWST: What are you bringing to, let’s start with mortgage business? Mr. Barfus: Sure. So, what we bring to the table is sophisticated decisioning technology. Let me explain more specifically what that means. If you think of the process of originating a mortgage and all of the decisions that are made in the process which normally are completed by a human being – decisio
