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,...

Lenders disagree about how far AI can go in automating credit decisions versus only the processes leading up to the...

LAS VEGAS — Wintrust Specialty Finance is tapping AI for credit adjudication, enabling the lender to fund a high volume...

LAS VEGAS — Although AI is a shiny object that’s hard to resist and tempting to deploy quickly, lenders must...

LAS VEGAS — The inaugural FinAi Lending Summit kicks off today at Caesars Palace Las Vegas featuring a fireside chat...

Truist is leaning into AI-powered underwriting to increase approval rates and enhance customer experiences.   The $556 billion bank has boosted...

Loan servicing and software provider Sagent named Sridhar Sharma chief executive in September.   Sharma joined Sagent as president in...

Insurance companies are playing an increasing role in GPU financing — deploying their own capital in some cases — while...