Finastra’s AI-powed solution saves 2 hours on each loan closure

Date:

Share post:


Finastra is looking to help its bank clients streamline their mortgage lending processes with AI with multiple lending solutions.  The London-based fintech has launched multiple AI-driven solutions including Loan IQ and LaserPro and is seeing banks gain efficiencies with its offerings, Andrew Bateman, executive vice president at Finastra’s lending business unit, told FinAi News. Loan IQ helps banks track their existing loans; LaserPro allows financial institutions to manage documentation and compliance on one platform, Bateman explained.  “To understand the impact, you need to look at loan closure rates and the time […]



LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

Mortgage Rates Are Nearly 1% Apart Between Lenders Right Now

Every day, we fret about small changes in mortgage rates, even if it amounts to just a...

What to Do When There’s Too Much Work

Sometimes there’s just too much to do. In our Insider Insights surveys over the past year, HBR...

2 Beaten-Down Stocks to Buy Before They Bounce Back

Shopify (SHOP +7.12%) and Intuitive Surgical (ISRG +0.11%) were considered market darlings for a long time, but in recent...

Audible Deal: 4 Months for $0.99/Month for Prime Members

Audible Deal: 4 Months for $0.99/Month for Prime Members Amazon is offering Prime members a discounted Audible Standard...