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

3 Things to Know About Social Security If You’re Retiring in 2027

If you're planning to retire in 2027, you may be getting increasingly excited about wrapping up your...

[CA] California Coast Credit Union $150 Checking Bonus, Direct Deposit Required

Offer at a glance Maximum bonus amount: $150 Availability: Must live or work in San Diego or Riverside County. Might be...

7 Steps to Small Business Marketing Success

Catch the Full Episode Overview Most small business owners are not failing at marketing because they lack effort. They...