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

Some UK Entrepreneurs Plan To Flee As Government Fails In Supporting Innovation: Report

A recent report highlights the challenges the UK faces in supporting and retaining high-value entrepreneurs and the...

Here’s Why Nearly Half of Workers Say They Feel Like Impostors

Editor's Note: This story originally appeared on MyPerfectResume.com. Confidence has become a...

These HORRIBLE Financial Decisions Aged Like MILK…

These HORRIBLE financial decisions aged like MILK… and some of them are still costing people thousands. From $800...

Betterment’s asset allocation methodology

When you sign up with Betterment, you can set up investment goals you wish to save towards....