AI in commercial lending: the future of automation and change

Commercial lending and credit risk assessment are currently undergoing a fundamental transformation with the adoption of Artificial Intelligence (AI) and it is here to stay. With the outbreak of the COVID-19 pandemic small and mid-sized as well as large commercial lenders are beginning to replace manual processes and cross-checks with AI-based quantification and automation. Predictive… Continue reading AI in commercial lending: the future of automation and change