September 2020
How can Auto-decision adapt to your existing lending system?
Now we’d like to talk about system integration in this post. How ML model and auto-decision can be integrated into your existing loan management system is one of most popular FAQs from lenders. (As we talked about the way to proceed with auto-decision in my previous post.) Here is the image of system integration and underwriting policy in your existing loan operation environment. First, an application of loan is submitted to the loan management system. Then bureau data is acquired for that particular applicant by lender. The application and bureau data are provided via an API to your model which is running in a crowd server managed by CREDI AI. Just […]
How can Automation come into play in your lending?
As we have talked about the mechanism in my previous post, the utilization of AI will enable you to make faster and better credit decisions which are the thrust for thriving lending business. (Please check my previous post for more details.) Now we’d like to talk about the way to proceed with it. We understand that every lender has a different view for automation and needs for a comfortable way of reaching targets in their process. In this post, we’d like to talk about the insights on how auto-decision can come into play in your lending operation. Again, the largest obstacle on the auto-decision would be mentalities. Your loan decisions will become […]