Consumer Portfolio Services revamps to think more like a fintech

CPS uses AI, ML and big data from originations to servicing

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Consumer Portfolio Services is going all in on artificial intelligence (AI), machine learning (ML) and big data as the 31-year-old lender looks to revamp its operational strategy and think more like a fintech. “Our whole business [now] is based on artificial intelligence and machine learning, from credit to servicing,” CPS Chief Operating Officer Mike Lavin […]

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