AI Is Changing How Banks Decide Who Gets a Business Loan
By PYMNTS
Source excerpt · PYMNTS
Before a company’s loan request reaches a room full of bankers, a computer may have already sized it up. Artificial intelligence tools now score borrowers, sort through financial statements and write first drafts of loan approval memos. In many cases, nobody at the bank formally signed off on that change. That could become a big […] The post AI Is Changing How Banks Decide Who Gets a Business Loan…