AI was supposed to remove bias in underwriting, but what if the data it’s trained on is inherently biased? We spoke with Kareem Saleh about how #creditunions can remove the bias and build a fairer lending experience for everyone. Listen to our latest episode here: ??YouTube: https://lnkd.in/gNXpGXDq ??Apple: https://lnkd.in/gvqrk8sc ??LendKey: https://lnkd.in/g-SgHc_6 ??Spotify: https://lnkd.in/g92xZTfT #22MinutesInLending #AI #lending
关于我们
LendKey is changing the way financial institutions do business through the market’s most advanced lending platform and network. Hundreds of lenders and asset managers partner with LendKey to bring borrowers a powerful, white-labeled lending platform that has redefined Lending-as-a-Service. The solution gives financial institutions of all sizes the ability to attract new business, grow relationships, manage liquidity, and mitigate risk. LendKey was founded in 2009, in a difficult market for financial institutions that still needed to compete and grow without adding capital or operational costs. Based in New York and Cincinnati, LendKey is at the center of the lending ecosystem—providing institutional investors, banks, credit unions, affiliates, and borrowers with transparency, access, efficiency, and speed.
- 网站
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https://lendkey.com/lend
LendKey Technologies, Inc.的外部链接
- 所属行业
- 金融服务
- 规模
- 51-200 人
- 总部
- Cincinnati，Ohio
- 类型
- 私人持股
- 创立
- 2009
- 领域
- Online Lending Market、Loan Servicing Systems、Loan Origination Service、Shared Infrastructure、Risk Mitigation、Portfolio Growth、Financial Technology、Loan Technology、FinTech、Finance Partner、Consumer Lending、Education Lending、Home Improvement Lending、Customer Service、Liquidity Management、Trusted Finance Parter、Lending、Endorsed Lending Partner、Technology、Servicing和Community Outreach
地点
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主要
获取路线
9999 Carver Rd
US，Ohio，Cincinnati，45242
LendKey Technologies, Inc.员工
动态
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Credit unions have a unique opportunity to connect with and support the growing Hispanic community. These relationships can lead to mutual growth and empower more individuals through inclusive financial services. Discover strategies to strengthen your credit union’s impact and build lasting partnerships. ?? #creditunions #community #blog
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Did you know that Network Lending reimagines liquidity management for credit unions? Don’t just take our word for it. Inspire Federal Credit Union has been using Network Lending solutions to manage their loan portfolio since 2011 and have consistently outpaced their peers—maintaining strong loan growth. Learn more about Inspire FCU’s program and discover how Network Lending can help your credit union grow too. ??https://bit.ly/3NIxjFZ #creditunions #networklending #solutions
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?? Credit unions: Your members with student loan debt are being targeted RIGHT NOW! ?? The Fed's recent rate cuts have competitors flooding your members with enticing refinancing offers. Every day you wait, they gain ground. But there's good news - credit unions are uniquely positioned to help members manage student debt through refinancing. By acting now, you can: ? Retain existing members ? Attract younger ones ? Grow your loan portfolio ? Help members save for major life events The clock is ticking! Learn how credit unions can seize this opportunity in this must-read article: https://lnkd.in/g9gihXVk #CreditUnions #StudentLoans #Refinancing #FinancialServices
The Clock Is Ticking: Credit Unions Can Help Struggling Borrowers
cutimes.com
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As we approach the end of the year, staying ahead of the curve is essential for credit unions. From evolving consumer preferences to innovative digital solutions, discover how these insights can empower your credit union to adapt and thrive in a competitive market. Here are five crucial auto lending trends to track in Q4 and beyond. ?? ?? #creditunions #auto #loans
Five auto lending trends credit unions should track in Q4
LendKey Technologies, Inc.，发布于领英
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Is AI perpetuating historical bias in lending? ?? In Part 2 of our conversation with Kareem Saleh, Founder and CEO of FairPlay AI, host Vince Passione delves deeper into how AI, despite its potential, has fallen short in creating a fairer lending environment for all consumers. Key highlights: ? How historical data used to train AI can perpetuate bias ? Challenges lenders face in using biased historical data ? The importance of "testing and learning" in new markets ? Debunking stereotypes about minority groups and financial services ? The role of financial stimulus in creating fairer AI-driven underwriting ? FairPlay AI's approach to pursuing equitable lending ? Climate change risks and opportunities for lenders Don't miss this crucial discussion on shaping a more equitable future in lending through AI! ??YouTube: https://lnkd.in/gNXpGXDq ??Apple: https://lnkd.in/gvqrk8sc ??LendKey: https://lnkd.in/g-SgHc_6 ??Spotify: https://lnkd.in/g92xZTfT #AIinLending #FairLending #FinancialInclusion #CreditUnions #22MinutesInLending
Throwing out the rulebook: How age, race and gender are key inputs for fair lending
https://www.youtube.com/
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Explore the?5?? essential steps?to successfully launch a student refinancing program that meets your members' needs. From assessing market demand to creating targeted marketing campaigns, we've got you covered. Ready to take your lending strategy to the next level? Check out our full guide. ?? #members #attract #creditunions
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We're #hiring a new SVP, Software Engineering in United States. Apply today or share this post with your network.
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If you couldn’t join us live, you can still learn all you need to know! Our recent webinar, Demystifying Student Loan Refinancing, is now available on-demand. Learn how your #creditunion can transform student loan refinancing into a powerful tool today. #students #loans #refinance #members #creditunions
On-Demand Webinar: Demystifying Student Loan Refinancing
marketing.lendkey.com
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Don’t believe the hype. AI is only as good as the data it’s been trained on–and that may contain bias (intended or not). Could acknowledging a person’s race, age, gender etc. really be the key to fairer lending? Find out in our latest episode with Kareem Saleh. ??YouTube: https://bit.ly/4fo5QoP ??Apple: https://apple.co/48owlIx ??LendKey: https://bit.ly/3NH75Us ??Spotify: https://spoti.fi/3AjsqAj #22MinutesInLending #lending #AI