LendingClub is deploying AI internally and externally and has more than 60 active AI uses. When it comes to AI, “there’s probably not a department in the company that is untouched in some way,” Chief Executive Scott Sanborn said during LendingClub’s April 27 first-quarter earnings call. Among its AI efforts are AI-driven loan improvements, Sanborn said. LendingClub reported that more than 90% of its Q1 loan issuances were fully automated and time needed to submit a debt consolidation application […]






