AI improves front-office speed, sales prowess in equipment finance
Equipment financiers continue to identify areas best suited for AI integration while recognizing its long-term potential. The global market for AI in finance is...
LendingClub processes nearly 90% of loans without human intervention
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...
Launch Credit Union, American Heritage post ROI from Kinective AI
Kinective’s AI platform is driving efficiency gains at FIs, with a focus on predictive modeling and malleability. The fintech, founded in 2023, addresses bottlenecks...
Thread Bank’s chief digital officer breaks down AI strategy
Thread Bank is gearing up for its next stage of AI initiatives while working to create a blueprint for how smaller FIs should...
BMO Chief AI Officer Kristin Milchanowski on ‘intelligence velocity’ and AI strategy
BMO is using AI to strengthen frontline performance, compliance operations and data analysis while exploring additional AI applications at scale. The $1.5 trillion bank’s AI-powered strategy is...
Newrez, Valon to bring AI-driven mortgage servicing to 4M homeowners
Mortgage lender Newrez is set to deploy fintech Valon’s AI-driven mortgage servicing tool to more than 4 million homeowners. Valon’s AI-native platform, which automates...
Bunq AI chat bot handles 97% of customer interactions
Dutch digital bank bunq is running full bore with its AI initiatives as it works to enter the U.S. market. Bunq’s AI chatbot,...
Fiserv revamps core banking platforms with AI
Fiserv is using AI to power its core banking platforms while developing new solutions to enhance bank operations and drive partnerships. The fintech...
Bell Bank, Provident Bank hone AI strategies
Mid-size institutions like Bell Bank and Provident Bank are locking in their AI strategies as they look to streamline workflows and improve customer interactions. About...
Movemint AI drives loan, deposit growth at Municipal Credit Union
Municipal Credit Union is using Movemint’s AI-driven embedded finance and digital marketing platform to drive loan and deposit growth. With the platform, the $4.6 billion credit union has...
