Equipment Finance News’ Post

Following our strong Q1 #earnings, CEO Gal Krubiner joined Yahoo Finance with Brad Smith where he discussed Pagaya’s work using AI to expand credit access in the U.S. Watch the conversation below to learn more about how Pagaya is transforming the financial ecosystem: https://lnkd.in/eKXQu3ZR

Want to improve loan approval accuracy without lengthy applications? Machine learning can help! The DataRobot AI platform empowered Harmoney to streamline its credit risk assessment, boosting accuracy while reducing application time significantly. #ai #ml #genai #fintech #DataRobot Read more here:

The PYMNTS team has been exploring the emerging world of Generative AI and how it will shape the future of financial services. I enjoyed our conversation about the advancements being made and the future to come. As machine learning has evolved into deep learning, Generative AI has advanced to help create more human-like content. These solutions are being deployed to produce all types of content -- not just text but also graphics, pictures, sound, video, code, music, and more. Financial institutions are looking at applications in numerous areas. This includes client servicing, automated decisioning, hyper-personalization, marketing operations, and financial crime mitigation. The technology continues to evolve. We expect new specialized large language models specifically tuned for financial services. Multi-modal capabilities can be used to create marketing collateral, system code, and optimized workflows. Financial institutions need to mitigate the risks associated with adopting these capabilities. Areas of focus include model transparency, new forms of cyber attacks, evolving regulations, and cost containment. Contact Galileo Financial Technologies to find out more! #artificialintelligence #ai #generativeai #genai #naturallanguageprocessing #nlp #chatbot #virtualassistant #intelligentvirtualassistant #iva #intelligentdigitalassistant #machinelearning #deeplearning #neuralnetworks #aiml #financialservices #banking #bankingtransformation #digitaltransformation #operationalefficiency #automation #automateddecisioning #largelanguagemodels #llm

AI can't give good results without good data. https://buff.ly/3P1gDuG Just imagine supplying your financial institution's artificial intelligence with real information about what, where, and how your account holders and communities are searching for services. #creditunions #communitybanks #branchandATMlocators

Check Out! My new blog post simplifies how AI can streamline loan applications: https://lnkd.in/dyKn8ikt

From automating routine tasks to powering predictive analytics, AI is revolutionizing the way banks lend to businesses. Our CEO Dan O'Malley explains why financial institutions can’t afford to ignore AI’s potential. Read his full article on harnessing AI for smarter lending. https://lnkd.in/eav_UvPk #BankingInnovation #AITransformation #CommercialLending

Doing good with AI technology. That's what we're all about at Zest AI. Everyone has worth, lending decisions should reflect that. #ai #financialinclusion #peoplehelpingpeople

AI continues to streamline operations in lending. Using AI for loan applicant verification is helping lenders understand applicant income (up to 30% may be inaccurate). Eyal Shani #fuseautotech #autotech #ai #thefutureofcarbuying https://lnkd.in/dpk85unk

This is the year of AI ROI! We have the expertise and the tools to drive real value/ROI in your unstructured to structured data processes with loan processing being just one example! we are now beyond theory and into real world implementations. Still struggling with your AI journey, let us help…

Kudos to Neighborhood Credit Union and Steve Boylan! Using AI in lending, collections, and more is cutting edge!!! The power of AI comes from good data. The better the data, the better the AI is trained and the more powerful it becomes! Many Conductiv customers are also using AI in lending and the combined results are powerful! #AI #Fintech #LendingInnovation