Saturday, June 22, 2024

Capital plus software plus lending equals profits

By DAC000 , in AI Bots Fintech lending Machine Learning software , at March 11, 2020 Tags: , , ,

Big profits. Replace current practices: human relationship managers augmented by software tools and processes with next generation practices: much heavier software footprints which ARE the processes. Time from customer inquiry to release of funds takes days instead of months. Profits soar. About a two minute read.

Comment: another facet of modern banking, ripe for change, or as some would call it disruption.