Auto lenders are integrating artificial intelligence into their processes to improve customer service automation and credit decisioning, while also considering uses for underwriting. Subprime auto lenders can use AI to ensure staff and resources are allocated to tasks that help overcome challenges related to accessibility, operational costs and credit risk, said Harvey Singh, chief operating officer at Veros (…)
Trending
- China’s AI Financial Goals Unveiled at Beijing Conference
- Emerging Workforce in the Greater Bay Area Shows Strong Interest in Fintech, Highlighting AI Skills as Top Priority: Bloomberg Survey | Press
- 14 fintech, real estate, and proptech startups featured in Disrupt Startup Battlefield
- Four financial firms set to drive AI automation in the financial sector
- McKinsey: Financial AI Transformation Shifts from Pilot Initiatives to Comprehensive Process Overhaul in the Banking Sector
- Personal Finance: The Year of AI-Driven Investment Fraud
- New UNF collaboration seeks to promote fintech innovation – Action News Jax
- How AI and financial education are transforming the Saudi workforce
