Artificial intelligence

Patriot Financial leads $15 million round for Numerated

09/10/19

Numerated, vendor of loan prospecting, marketing and underwriting software that was developed within Eastern Bank, now has $32 million.

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Where is this online lender using AI? Everywhere

09/05/19

Enova has used AI in credit decisions for years. Now it’s having AI do the work of document verification, know-your-customer checks and more.

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Are Americans ready for voice banking?

08/27/19

Sherry Comes, managing director in conversational AI at Deloitte Consulting, says banking in the future will take place through a home, car or phone speaker.

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Culture problems? This AI can root them out

08/26/19

Banks are using Receptiviti’s software to find signs of stress, collusion and questionable sales practices among employees.

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CRE meets AI in fintech's tool for lenders

08/23/19

Blooma has developed a software product that combs databases to create property profiles for commercial real estate lenders. It can drastically cut origination costs and approval times and help banks identify safer loans, the company says.

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A virtual assistant for lenders' employees

08/21/19

Capacity, formerly Jane.ai, originally designed its chatbot to answer consumers' questions, but when employees started using it, that gave the startup an idea for a new business line.

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AI use carries bias risk for financial regulators

08/16/19

Agencies like Fincen and Finra that use machine learning must pay close attention to potential bias in supervisory algorithms, especially with data on women and minorities.

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Your data's just sitting there. Machine learning can change that.

08/13/19

The technology can help banks get the most out of the vast amounts of information at their disposal.

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6 banking questions for the next Democratic debate

08/11/19

From housing finance to Facebook’s crypto plans, moderators questioning the presidential candidates in Texas next month would have no shortage of financial policy topics from which to pick.

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Banks challenged by low rates; Fidelity raises theirs

08/08/19

U.S. financial stocks are down nearly 4% this week on rate pressure, but it’s even worse for European banks; the mutual fund giant will automatically sweep investor cash into a money fund yielding 1.9%.

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