Numerated’s Post

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

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

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

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

Traditional credit scoring methods have their limitations. They often overlook those with little to no credit history, making it challenging for a significant portion of the population to access financial services. But there's a revolution happening in the world of finance, and it's powered by AI. 🌐 Discover how AI is making credit scoring more inclusive, efficient, and predictive. From analyzing extensive data sources to the role of predictive analytics and machine learning, it's reshaping the financial landscape. 💡Stay ahead with Oscilar’s AI-powered insights: https://loom.ly/DD-3ErE #AI #CreditScoring #FinTech

"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

AI can help you optimise your finances by managing the lending lifecycle with a cloud-based platform! This blog post explains how you can benefit from this solution. Check it out: https://lnkd.in/dpJSR8dK #Finezza #AI #FinTech

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. 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