New AI tool stops $2M in mortgage fraud at JMAC Lending
Mortgage lenders say they are already benefiting from Ocrolus’ new AI tool for fraud detection as the fintech works to...
Mortgage lenders say they are already benefiting from Ocrolus’ new AI tool for fraud detection as the fintech works to...
Trying to operate an AI model with bad data is like asking a Michelin-star chef to cook with rotting table...
Truist Financial Corp. is exploring a sale of specialty lender Afco Credit Corp. as new Chief Executive Officer Mike Lyons...
TD Bank is targeting labor-intensive processes for AI deployment as leaders there aim to drive $1 billion in savings and...
As cybersecurity investments become increasingly intertwined with AI, global equipment lender DLL is working to simplify financing options while navigating...
AI is creating a seismic shift in mortgage brokering, as evidenced by Pentiv’s rebrand and Elio Mortgage’s recent $5.1 million...
Biz2Credit, an online lending marketplace and direct funding source for SMBs, views AI as a force multiplier for underwriting, pricing...
Piermont Bank is assessing AI’s effectiveness in improving accuracy and consistency while many financial institutions stress the technology’s economic metrics....
B1BANK is using AI for lending processes including documentation and consumer analysis and plans to use the tech to diversify its...
AI is not only improving underwriting processes and standards but it also is helping Fifth Third Bank evaluate a consumer’s...
Sonata Bank is growing its origination volume without adding staff. With AI in place, having a small underwriting department shouldn’t...
B1BANK is using AI to review every consumer loan file. “If we had chosen to do that by hiring additional employees,...