How AI is transforming lending and loan management around the world?

Artificial Intelligence is the next wave of opportunity in the global financial sector. AI has come to play an integral role in many phases of the lending arena, from approving loans, to managing assets, to assessing risks. AI like blockchain is a revolution in technologies. It makes work of different industries easier and more effective. The development of AI leads to great revolutions in all industries but the most useful is AI in lending and loan management. Before providing a loan, banks and financial instructions review lenders profile, his/her income, expenses and liabilities, etc. Based on that analysis, a certain amount, interest … Continue reading How AI is transforming lending and loan management around the world?