CFPB tees up AI-based underwriting and adverse action notices
The Consumer Financial Protection Bureau is putting artificial intelligence-based (AI) underwriting models under the microscope as more lenders and banks rely ...
Tag: artificial intelligence (AI)
AI-based risk modeling not a guarantee against recessionary impacts
NEW YORK CITY — The use of artificial intelligence-based risk modeling is far from foolproof in a recessionary environment. While ...
Citi speeds ‘full-throttle’ toward AI-based credit management
NEW YORK CITY — Citi is blazing a path toward comprehensive AI-based credit management. One of the nation’s largest banks, ...
UiPath updates: cloud-based robots and AI-model training for citizen developers
Cloud-based robots that can be launched without infrastructure provisioning and artificial intelligence (AI) model training are two new initiatives UiPath ...
Inside Look: Scotiabank’s tool for designing AI models
Scotiabank is fine-tuning a new tool to help guide the bank’s artificial intelligence (AI) ethics. The $976 billion Toronto-based bank ...
Inovatec launches improved, AI-based LMS
SAN DIEGO – Inovatec has revamped its loan management system (LMS) to help lenders automate more of the loan servicing ...
Explainable AI: Why transparency is the future for artificial intelligence
Over the past decade, the use of complex algorithms and artificial intelligence (AI) has become increasingly common. In fact, whether ...
Listen: Understanding the potential of computer vision
Computer vision is a form of artificial intelligence that can help manage data, explains Tackle AI co-founder and Chief Technology ...
5 back-office pain points to automate
For financial services firms wanting to compete against an ever-growing number of fintech players, the road to parity goes through ...
TIAA Bank begins to automate regulatory compliance documentation
John Elton, chief information officer of $40 billion TIAA Bank, said during his fireside chat at the Bank Automation Summit ...
