Insights on AI, Automation, and Lending
The use of AI and automated technology in lending is inevitable, but many factors will impact how quickly and broadly it’s adopted. This video features perspectives from Cathy Bessant, Chief Operations & Technology Officer at Bank of America; Andrew Sandler, Founder and CEO of Asurity Technologies; Luke Wimer, COO at Asurity Technologies; and Dr. Anurag Agarwal, President of RiskExec by Asurity Technologies.
AI, Compliance and Major Financial Institutions – 0:15
Cathy discusses the capability of technology to solve efficiency, cost, and tracking issues.
Cathy Bessant, Chief Operations & Technology Officer, Bank of America
Andrew L. Sandler, CEO & Founder, Asurity Technologies
Where Will Innovative Technology Help First? – 1:06
“All of us who play in this space have to master [basic automation] first,” says Luke, as he walks through where the RegTech industry is now and the steps needed to take it to the next level.
Luke Wimer, COO, Asurity Technologies9
Now or Later: When AI Meets Fair Lending – 2:30
How does alternative lending compare to standard measures? Anurag takes a high-level look at the challenges and opportunities for AI in fair lending.
Dr. Anurag Agarwal, President, RiskExec by Asurity Technologies