Tag : loan decisioning

Lending Enablement Solutions Drive ROA Attainment for Automotive Lenders, Open Lending Survey Finds
Lending News

Lending Enablement Solutions Drive ROA Attainment for Automotive Lenders, Open Lending Survey Finds

Business Wire
by Business Wire0
New data validates the role of automated decisioning and risk analytics in financial institutions’ performance, with 95% of Lending Enablement users meeting ROA targets Open Lending Corporation, an industry trailblazer in lending enablement and risk analytics solutions for financial institutions, released its Lending Enablement Benchmark report. The goal of the......
EvaBank Taps Lokyata’s AI Platform To Automate Loan Decisioning, Provide Greater Access To Credit To More Borrowers
Artificial Intelligence Banking News

EvaBank Taps Lokyata’s AI Platform To Automate Loan Decisioning, Provide Greater Access To Credit To More Borrowers

Fintech News Desk
by Fintech News Desk0
Lokyata, a company focused on delivering products that digitize, automate, and scale lenders’ credit decisions, announced that Cullman, Ala.-based, EvaBank ($396 million asset) has selected Lokyata’s AI-powered credit decisioning tools, ExcelRate and BankAnalyze, to fully automate its consumer lending process and support the bank’s mission to expand the availability of credit to members of......
Levo Credit Union Deploys Scienaptic’s AI-Powered Credit Decision Platform To Enhance Loan Approvals
Artificial Intelligence News

Levo Credit Union Deploys Scienaptic’s AI-Powered Credit Decision Platform To Enhance Loan Approvals

Fintech News Desk
by Fintech News Desk0
Early results indicate potential for 42% more auto-approvals for auto loans and 45% more auto-approvals for unsecured loans Leading global AI-powered credit decision platform provider Scienaptic AI announced that Levo Credit Union, a 30,000 member strong credit union serving the South Dakota region, is live on its platform. Scienaptic’s platform......
Arkansas Federal Credit Union Taps Scienaptic’s AI-Powered Credit Decisioning Platform
Artificial Intelligence News

Arkansas Federal Credit Union Taps Scienaptic’s AI-Powered Credit Decisioning Platform

Fintech News Desk
by Fintech News Desk0
Deployment of AI platform to bolster auto loans Leading global AI-powered credit decision platform provider Scienaptic AI announced that Arkansas Federal Credit Union has chosen its AI-based underwriting technology to improve the credit union’s loan decisioning process and make advanced decisions for community members. “We are excited to be part of this......
Lokyata Enables Better Loan Decisioning for Financial Institutions Through Latest Enhancements to Automated Credit Decisioning Tool, BankAnalyze
Credit Bureaus Fintech News

Lokyata Enables Better Loan Decisioning for Financial Institutions Through Latest Enhancements to Automated Credit Decisioning Tool, BankAnalyze

Fintech News Desk
by Fintech News Desk0
Lokyata, a company focused on delivering products that digitize, automate, and scale lenders’ credit decisions, has released its latest enhancements to BankAnalyze, a real-time, automated credit decisioning tool that enables lenders to instantly review a bank statement and render an “approve,” “reject” or “manual review” decision. “BankAnalyze is a next-generation tool......
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