Press Coverage
The Rise of Alternative Data in the Lending Market
September 2017
There were conflicting views on the importance of the FICO score at the PayThink Conference in Phoenix this week. While only some professionals were bold enough to say the standardized credit scoring has become marginalized...
Can AI Be Programmed to Make Fair Lending Decisions? | American Banker
September 2016
As lenders dabble with artificial intelligence in credit decisions, debate has stirred around whether AI and even more traditional decision-making algorithms can be trusted to make sound decisions...
Will Using Artificial Intelligence To Make Loans Trade One Kind Of Bias For Another? | NPR
March 2017
The terms of the next loan you get might depend less on your credit score and more on what a computer program thinks of your habits.
Digital lending is expected to double in size over the next three years, reaching nearly 10 percent of all loans in the U.S. and Europe. There are now some 2,000 digital startups, many of which are using artificial intelligence to analyze the troves of data created every day....
Case Study: Using Artificial Intelligence to Improve Underwriting | LendIt
March 2017
As lenders dabble with artificial intelligence in credit decisions, debate has stirred around whether AI and even more traditional decision-making algorithms can be trusted to make sound decisions...
How Underwrite.ai makes lenders money | Lending Times
March 2017
There has been an increasing trend of late of FinTech companies using artificial intelligence and machine learning technologies for a variety of purposes. Some financial technologies rely on AI or machine learning for core functionality. Others use automation as an add-on to an already powerful solution. Either way, machine learning is quickly becoming the wave of the financial future...
If you are a journalist interested in the use of artificial intelligence in financial services, you can reach Marc Stein at (617) 545-7171.