Gopal Swamy’s Post

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

As I continue to build One River, I am certain we will leverage AI. We will also keep a human element as the technology develops. AI pricing/underwriting can be powerful but isn't the full picture because you need the human element - experience and instinct are critical. I see a lot of lenders who have leaned fully into AI and then defaults pile up. Tech can help streamline a lot, but One River is still focused on leveraging human decision making and personalized servicing to keep strong retention. #smb #mca #smallbusinesses #growth #fintech https://lnkd.in/ebQKKS9k

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

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

A white paper commissioned by Uplinq explores how artificial intelligence (AI) can improve credit access and outcomes for small businesses. The report emphasizes using alternative data and AI to enhance credit assessment, leading to faster and more accurate lending decisions. Challenges and opportunities related to AI adoption in lending are also discussed, especially for underserved business owners. #Banking #creditunions #fintech

The fact that AI can enhance lending practices is already commonly known, yet the challenges surrounding this are still barely known. ⚙️Behind instant lending that AI made, there's an advanced framework built at the backbone. The basis of the datasets is crucial to maintain anti-bias result. 💯Accuracy and efficiency level are also the core aspects to achieve high-performance system. Thus, it’s necessary to invest time assessing the capability of AI platform to use. From every angle, strengths to obstacles, let's unmask the use of AI in lending in this article! #Fintelite #aiinlending #creditrisk #lendingindustry

Traditional lending is broken, but AI is here to fix it! Discover how our AI solution, NIKO AutoML, is revolutionizing the lending industry by enhancing efficiency, reducing bias, and offering real-time decision-making. #Fintech #AI #Lending #NIKOAutoML #Innovation #FutureOfFinance #DigitalTransformation"

"Roads? Where we're going, we don't need roads." Remember watching "Back to the Future" and thinking that there was no way any of that stuff would happen? Flying cars, self tying shoes, self drying jackets...… While I am still waiting on the hoverboard, the ability to jump into the future with your lending practices isn't so far fetched. In fact you can have that future NOW! We have the machine learning, the AI and the advanced analytics to drive you into the future of lending, today. So let Experian be your Dr. Emmett Brown! Reach out and lets see what the future can hold for you! #experian #creditunions #AI #machinelearning #lending #thefutureisnow

Equipment financiers are adopting AI-driven technology though potential biases in the algorithms present concerns. #equipmentfinance #ELFA #technology #AI #LenderOperations https://hubs.ly/Q02WDJ2C0

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: