Bank AI will explore the current implementations of many forms of AI in financial services, focusing on consumer and corporate applications, and explore the near future of AI in banking.
Join Our Live Demonstration!
Wednesday, October 17, Demo Session #2, 10:10 am
Presented by Sid Probstein, CTO and VP of Professional Services
When it comes to delivering a great customer experience, the easier, the better. Wouldn’t it be great if applying for a mortgage was as simple as buying a book on Amazon? Recent analysis by Bain & Company finds that most banks have digitalized only fragments of the process for marketing, selling and servicing loans. Currently, banks can merely handle 7% of products digitally from end to end; while customers submit only 14% of loan applications through digital channels. *
Being able to apply for a mortgage online and including the necessary images of information is a start. Once you click the “submit” button you have no idea where your application is in the bank’s overall process.
Hear how AI Foundry’s Agile Mortgage solution can assist banks in their end-to-end process of originating a mortgage loan and with the latest in user-guided machine learning technology and enable the bank to provide a superior customer experience.