Zest AI的动态

One of the most compelling aspects of this report is that 80% of respondents believe #AIsolutions will help them improve their credit and lending processes. Zest AI has been a leader in creating confidence and efficiency around using AI in underwriting over the last 15 years. Looking forward to turning the last 20% into believers, too. #fintech #autodecisioning

What do AI, auto-decisioning, and nontraditional data have in common? They are all key topics in the ongoing conversation among banks and credit unions aimed at driving greater lending efficiency. Zest AI commissioned a report by Ron Shevlin, Chief Research Officer at Cornerstone Advisors titled, “The Impact of AI on Lending Efficiency". This report highlights the challenges community-based financial institutions are facing and how AI can boost efficiency and success. Read the full report: https://lnkd.in/gdYruQaA #FinancialServices #FinTech #AI #Lending #AutoDecisioning #CreditUnions #Banks

AI, auto-decisioning, and nontraditional data are reshaping the future of lending. These technologies offer unprecedented opportunities for banks and credit unions to enhance efficiency, personalize services, and make more informed lending decisions. Embracing these innovations is crucial for financial institutions looking to stay competitive in an increasingly digital landscape.

This new Cornerstone Advisors report, the Impact of AI on Lending Efficiency, outlines the challenges that community-based financial institutions are facing and how AI can boost efficiency and success. ? Download the report for more details: https://lnkd.in/gK2JgRkp #AI #Lending #FinancialServices #FinTech #LendingTech

?? AI is Revolutionizing Financial Inclusion! ?? Did you know that nearly 2 billion people still don't have access to basic banking services? ?? But AI is stepping in to change that! Here's how: 1?? Smarter Credit Scoring – AI uses alternative data to help more people qualify for loans. ?? 2?? Personalized Services – Banking tailored to your specific needs? Yes, please! ?? ?? 3?? Lower Costs – With AI automating tasks, banking becomes more affordable for everyone. ?? ?? 4?? Better Security – AI catches fraud fast, making digital banking safer for everyone. ?? Want to be part of this financial revolution? Partner with Linkenite and bring AI-powered finance to more people. ?? #FinancialInclusion #AIinBanking #FinTech #DigitalTransformation #Linkenite #BankingTheUnbanked

Artificial intelligence (AI) is here to stay and has only begun to transform the financial services industry. During the next Fintech Go-to-Market webinar, a Cooley LLP team will review the benefits and challenges of AI deployment in this space – such as the use of chatbots and AI’s impact on fair lending – and will focus on the various applications of AI in open banking. Register for the August 15 session with the link below. #AI #fintech #CooleyREG

Artificial intelligence (AI) is here to stay and has only begun to transform the financial services industry. During the next Fintech Go-to-Market webinar, a Cooley LLP team will review the benefits and challenges of AI deployment in this space – such as the use of chatbots and AI’s impact on fair lending – and will focus on the various applications of AI in open banking. Register for the August 15 session with the link below. #AI #fintech #CooleyREG

Artificial intelligence (AI) is here to stay and has only begun to transform the financial services industry. During the next Fintech Go-to-Market webinar, a Cooley LLP team will review the benefits and challenges of AI deployment in this space – such as the use of chatbots and AI’s impact on fair lending – and will focus on the various applications of AI in open banking. Register for the August 15 session with the link below. #AI #fintech #CooleyREG

Artificial intelligence (AI) is here to stay and has only begun to transform the financial services industry. During the next Fintech Go-to-Market webinar, a Cooley LLP team will review the benefits and challenges of AI deployment in this space – such as the use of chatbots and AI’s impact on fair lending – and will focus on the various applications of AI in open banking. Register for the August 15 session with the link below. #AI #fintech #CooleyREG

Great article!! Do not forget output analysis!! It does not stop at the creation of a credit model! (Inputs) Unintentional discrimination is frequently found in the outcomes.