Upstart automates 88% of loan processes
Online lender investing in AI to improve underwriting model
Online digital lender Upstart invested in technology including automation and AI to improve its loan processing and underwriting models in the third quarter. The effort resulted in increased automation in loan processing, Chief Executive Dave Girouard said during the company’s Q3 earnings call this week. This quarter, 88% of Upstart’s loan processing was automated, up […]
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