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
- Kollab allocates $2 million in Series A funding for fintech company PayRex.
- Rogo launches London office after securing $75 million in Series C funding amid rising demand for AI in European finance.
- FCA initiates research on artificial intelligence in financial markets
- China’s AI Financial Competitiveness: 2026 Index Places it Second Worldwide – News and Data
- US CFOs endorse AI in finance while emphasizing the need for oversight.
- Fintech companies compete for programmers as job openings increase by 29%
- American fintech startup allocates $5 million investment in Vietnam
- Fintech Zocks Secures $45 Million in Series B Funding to Enhance AI for Financial Advisors
