AI driving funding growth via credit adjudication
Wintrust Specialty Finance’s use of AI for credit adjudication is contributing to substantial funding volume, reflecting broader AI trends in...
Lending
Upstart automated nearly 91% of loans with AI in Q2
Online lender Upstart is gaining efficiency and better quality originations using AI. “We as a company, we've been working on this particular type of AI relevant to...
Wintrust Specialty Finance’s David Normandin to speak at FinAi Lending Summit
David Normandin, president and chief executive at Wintrust Specialty Finance, will speak at the FinAi Lending Summit on Wednesday, Oct. 7. ...
Fifth Third Bank’s Jay Budzik to speak at FinAi Lending Summit
Jay Budzik, senior vice president and director of AI/ML model development and operations at Fifth Third Bank, will speak at the inaugural FinAI Lending Summit on Wednesday, Oct. 7. ...
Ocrolus, Newrez fill need for customer-facing AI mortgage tools
Mortgage lenders and fintechs are recognizing a growing opportunity to develop customer-facing AI tools as more borrowers embrace the technology. ...
Quality Equipment Finance boosts efficiency by 30% with AI
Quality Equipment Finance says it is reaping the benefits of AI deployment in areas including data ingestion, data analysis, credit adjudication and fraud prevention. ...
Texas dealership group Autobahn automates back-end processes with AI
A Texas dealership group is testing AI-driven invoice processing and considering automation across finance and insurance compliance. Autobahn has eight locations...
Citi’s Pratik Gautam to speak at FinAi Lending Summit
Pratik Gautam, vice president and lead AI product manager at Citi, will speak at FinAi Lending Summit on Thursday, Oct. 8. The summit,...
Transaction: United Bank boosts conversion rates by 35 percentage points with Finastra’s lending tool
United Bank is using fintech Finastra’s mortgage lending tool to improve the application process for borrowers. The new data tool, Data Insights 2.0, supports the fintech’s Originate Mortgagebot, an AI platform...
Inside TD Auto Finance’s rollout of real-time loan decisioning tech
TD Auto Finance is rolling out capabilities to improve real-time loan decisioning, income verification, credit reporting and compliance to 5,500 dealers across Canada after...
