Recently our Co- Founder Rajendra Awasthi shared his views on how Artificial intelligence is impacting the lending solutions and also improving the customer experience. Five major areas AI is impacting the digital lending are
1.Replacing paper with data; humans with machines
2. Data digitization & Automation of decision-making processes
3. Identifying trends to make unbiased and safer lending decisions
4. Making lending robust; from being reactive to a proactive approach
5. Exploring untapped markets with new unconventional credit models
Read more: https://www.entrepreneur.com/article/339031