“U.S. Bank is using technology company Pagaya to leverage its AI-driven underwriting for personal loans to consumers. Pagaya’s AI-powered credit decisioning platform will conduct a secondary review for consumers who are usually locked out of the credit market, according to the bank’s Feb. 15 release.” https://bankautomationnews.com/allposts/retail/transactions-u-s-bank-pagaya-join-forces-for-ai-driven-underwriting/
Tag: Digital Transformation
Microsoft Copilot – Ai Super Bowl Ad
How many SuperBowl ads will promote artificial intelligence this evening? Here’s one from Microsoft to get us started. Microsoft promotes Copilot as “Your everyday AI companion” You can learn more about Copilot here: https://copilot.microsoft.com
A Generative AI Roadmap for Financial Institutions – Boston Consulting Group
The Top 10 Banking Trends For 2024 – The Age Of AI
“This is not the first time banking has faced a critical moment. But while other tipping points, like digital and mobile banking, revealed themselves unhurriedly, the adoption of gen AI is happening with an almost frantic haste. Eighty-seven percent of banking executives expect a higher level of change in 2024 relative to last year and…
Mastercard: AI and Personalized Offers Drive the Future of Brands and Banks
“That’s because consumers’ expectations are changing. They expect personalization — with Mastercard’s own studies showing that 70% of individuals expect a ‘more personalized experience tomorrow than they received yesterday.’ PYMNTS Intelligence data shows that less than half of shoppers find the offers they get from merchants to be ‘very relevant’ to their needs, while more…