The Most Frequently Asked Questions About AI-Driven Lending

Banks, credit unions, and other specialty lenders hear a lot of promises about AI, and ask a lot of great questions to find out what's real.

We understand that. We’ve been developing AI underwriting software for a decade and have worked with dozens of financial services firms.

This Guide answers the most often-asked questions about AI-driven lending, and explains why it can find more good borrowers than legacy scoring without adding risk. We answer questions like:

   
• Do my new hires need special skills for ML modeling?
   
• Is ML in credit and lending approved by regulators?
   
• Is my IT infrastructure able to handle ML?