When considering the impact of robotic process technology (RPA) and other AI techniques on the auto lending business, I’m reminded of media critic Marshall McLuhan’s famous concept: The medium is the message. McLuhan astutely observed that the medium used to communicate information affects how it is used. For example, Twitter confines users to about 280 …
Last week in Orlando, the FIS Emerald 2023 Conference brought together global leaders, industry experts, and visionaries in financial services. For three days, the conference offered innovative ideas, collaborative discussions, and insightful presentations. Focused on emerging technologies, disruptive trends, and transformative strategies, the conference aimed to shape the future of financial services. As a strategic …
The Informed Team is just back from Fintech Nexus in New York, where the watchword was “divide and conquer.” So many things to do and places to be! On day one, CEO Justin Wickett took to the stage with Tanya Sanders, Head of Wells Fargo Auto, in a panel discussion moderated by Whitney McDonald, Deputy …
The decision to build versus buy needed software functionality is a critical one that has a big business impact. Among the many factors to weigh – cost and time are the biggest. While it is typically more expensive to buy a pre-built application rather than building functionality, the latter adds an order of magnitude in …
How to Decide Whether to Build vs. Buy Your Software Solution Read More »
More and more, financial institutions are turning to fintechs to access their advanced technologies, including AI. Makes sense, since Lenders need advanced verification methods to enhance customer experience, prevent fraud, and become more competitive. Fluctuating interest rates, high refinancing activity, and evolving regulations, mean lenders must adapt to the demands of the digital age. And …
Leveraging AI Technology to Maximize Efficiency in Auto Lending Read More »
We are thrilled to announce that Informed uses the OpenAI models that power ChatGPT through Microsoft Azure. This further enhances our ability to deliver the very best to our clients, empowering them to stay ahead of the technology curve. For years, Informed has used machine learning and AI to help lenders streamline their lending process, …
