Lenders lean into AI, automation
AI and automation can unlock greater access to capital for underserved clients, lenders and venture capitalist investors agree. (AI-generated) The...
Lending
Auto lenders transform customer experience with agentic AI
It’s dark outside and you are browsing available vehicles in your area from your phone as you plan your next...
Podcast: Startup FairPlay to launch AI fairness index tool
FairPlay, a “fairness as a service” startup, is launching an index tool in Q3 of this year that shows financial...
Commonwealth automates majority of underwriting with AI
Commonwealth Credit Union is using Zest AI’s underwriting solution to speed up customer service and improve risk modeling and accuracy...
Podcast: Esquire Bank to launch lending platform in 2025
Esquire Bank considers client needs when determining where to invest in products and innovation. The New York-based bank, which provides...
Lenders tap AI to serve niche market segments
Banks have traditionally been the lenders of choice for small businesses, but there are alternatives — at least in the...
Auto lenders lean into AI for customer service
Auto lenders are incorporating artificial intelligence into their processes to improve customer service automation and credit decisioning while eyeing uses...
U.S. Bank readies AI-driven cash forecasting tool
U.S. Bank is developing AI-driven solutions for its business clients, with its latest efforts targeting the launch of an AI-driven...
Rocket Mortgage uses AWS’ Bedrock to cut costs with new tool
NEW YORK — Rocket Mortgage is working with Amazon Web Services to deploy generative AI-driven tools to make its customer...
Podcast: Retail POS lending is an opportunity for lenders, Pagaya president says
Point-of-sale financing as an alternative payment method is a growing opportunity for lenders, technology company Pagaya’s President Sanjiv Das says...
