BECU automation surpasses 60%
LAS VEGAS — BECU automates more than half of its underwriting operations as it balances AI with manual processes. The Tukwila, Wash.-based ...
Tag: ai
Auto lenders talk AI-driven decisioning
LAS VEGAS — Financial institutions have used AI in varying capacities for decades, but recent enhancements to the technology have ...
CFPB highlights AI-driven chatbot risks for FIs
Financial institutions must consider the efficiencies and limitations of artificial intelligence when deploying chatbots as client adoption grows and regulators ...
JPMorgan using AI to combat financial crimes
SAN FRANCISCO — JPMorgan Chase is investing in artificial intelligence to combat fraud and financial crimes as the $2.5 trillion ...
Driving innovation in auto finance with AI, transformer models, big data analytics
As the auto finance industry continues to evolve, so, too, must the underpinning technology solutions. Collaboration with fintechs helps auto ...
Wells Fargo Auto sees AI opportunity
NEW YORK — Wells Fargo Auto is looking to the bank’s enterprise-level AI for potential applications. “For the auto business, we have ...
Tricolor opens 9th reconditioning facility to meet demand
Tricolor Auto Acceptance this week opened the company’s first stand-alone reconditioning facility as demand for used vehicles and auto loans ...
5 ways lenders can protect against cyberattacks
LAS VEGAS — The COVID-19 pandemic has permanently altered consumer buying habits, leading auto lenders to embrace digital car-buying and ...
