Build, Buy, Rent: AI Approaches to Lending
Having justified the business case for AI lending, credit unions and banks are focused on answering the implementation strategy question: “Should we build, buy, or rent?” It’s an age-old dilemma, but for AI-driven underwriting, the decision is particularly nuanced. Many factors get overlooked, which is why a new framework is needed to properly contrast the pros and cons.
Our latest guide addresses the key considerations and provides an updated framework to help you select the best AI approach for your organization.
- Overview of available AI lending options in the marketplace
- The pros/cons to each AI approach
- Factors to consider throughout the decision process
- How to apply a new framework to your decision