U.S. Bank cautiously deploying AI for SMBs
U.S. Bank is working on AI-driven solutions for its small and medium-sized business clients to improve their operations. “By no...
Lending
SameDay Auto Finance automates lending
SameDay Auto Finance is automating more of its origination and servicing processes after switching to a new loan servicing system earlier...
Upstart automates 90% of unsecured loans in Q1
Online lender Upstart automated 90% of its unsecured loans in the first quarter of 2024 as automation remained at the...
Grasshopper Bank begins rollout of SBA lending strategy
Small businesses demand efficient access to capital and Grasshopper Bank is meeting the needs of its small business clients through...
Wells Fargo AI pipeline hits 191 projects
NASHVILLE, Tenn. — Wells Fargo is amping up its artificial intelligence project pipeline. The bank has 191 AI, machine learning...
Dave posts first quarterly profit since going public
For the first time since going public in 2022, digital bank Dave posted a profitable quarter. Dave reported fourth-quarter adjusted...
Podcast: Deploying AI in underwriting
Eight in 10 credit union execs are looking to AI to enhance their underwriting capabilities. According to credit underwriting software...
Upstart automates 88% of loan processes
Online digital lender Upstart invested in technology including automation and AI to improve its loan processing and underwriting models in...
Podcast: Approaching AI with a plan
Financial institutions are investing in AI and, as they do, they must consider application, talent and regulation. Card issuing...
Chase exec: 3 uses for automation, AI in underwriting
Financial institutions are identifying AI uses within their operations for coding, documentation and underwriting. Chase Auto National Credit Director Anne...
