To err is human. “But,” it is said, “to really mess up takes a computer!” Perhaps that quip is the origin behind the suspicion that Artificial Intelligence (AI) algorithms could add to unfairness in consumer lending. Properly used, however, AI can actually reduce bias. Bias in consumer lending occurs when a lender makes a decision …
Argyle’s streaming income data and Informed’s real-time verifications are expanding lenders’ coverage and optimizing the decisioning process Since Informed’s founding in 2016, we’ve helped lenders increase capture rates, lower the cost of credit, and promote financial inclusivity; especially for critical services like auto loans. Our platform uses AI and machine learning to unlock insights trapped …
Argyle & Informed Join Forces to Transform Modern Lending Read More »
At the recent Bank Automation Summit, Informed’s Director of Auto Lending Strategy, Jessica Gonzalez participated in a panel discussion. Also on the panel: Kevin Faragher, Senior Director of Product and Strategy at Ally Financial Michael Reynolds, Business Technology Senior Manager for Service Digitization at KeyBank,and Whitney McDonald, Deputy Editor Of Bank Automation News (moderator) The …
Part 1: Automation to Detect and Stop Fraudulent Transactions Read More »
