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AI and generative AI use cases in banking: 6 real-world examples

Abrigo

Another example of using predictive AI is small business lending software that incorporates AI-driven lending intelligence. Abrigo Small Business Lending Intelligence powered by Charm provides loan rating risk scores, the probability of default, and how the score was calculated.

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Banking on a Winner: Fostering innovation to compete in today’s financial environment

ZootBlog

To do this they must invest in knowledge and skill development. Keeping a bank in top shape means fostering innovation. Not only are these banks expanding their base services but they are pulling in an innovative trainer versed in the latest technology advancements. Alternative Lenders. Is this really necessary?

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MBA Tech 2017: Blockchain, APIs and Robots, Oh My!

William Mills

This discussion focused on the intersection of the digital and physical worlds and innovation. Tony Garritano from Progress in Lending held an Innovations Awards event at the London House which showcased seven companies in the mortgage industry that are leading the way in compliance, eClosings, appraisals and information management.

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Wake up: Your bank is not efficient

Gonzobanker

Progress made in the efficiency ratio has primarily been achieved by: greater interest income through lending activity; a near-zero cost of funds environment; and. While efficiency targets and productivity initiatives have been common in banks, the fragmented and expensive commercial lending and credit function has gotten a pass.

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FinovateSpring 2016 Live Blog – Day 2

William Mills

Demo: Sezzle app with knowledge based authentication to link bank accounts. Katerina Frolovicheva (MD, Technologies Innovations). This is a leading bank in Russia, with a track record of fintech innovation. David Carr (Innovation Manager). Then confirm identity with knowledge based authentication.

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