LendingClub is leaning on AI-powered underwriting to streamline decisioning without much human in the loop.  The San Francisco-based company’s AI-powered underwriting ecosystem comprises more than 60 production machine-learning models built in-house and more than 250 tailored decision strategies operating across underwriting, pricing, fraud and collections, Senior Vice President and Chief Consumer Credit Officer Kiran Aware told FinAi News. Most consumer lending decisions can be made in less than five minutes, Aware said, adding that roughly 90% of loans are processed without human intervention, driven by […]