Watch: DEMOvation startups lean on AI and machine learning to advance the industry

Participants show off tech to compete for $10K prize

© Can Stock Photo / megija

Four financial service and mobility startups participated in the fourth annual DEMOvation Challenge at the 2021 Auto Finance Innovation Summit last week.

Participants CarbeezaEnteruptorsMotoRefi and Romulus showcased their technologies, all of which use variations of machine learning and artificial intelligence to advance financial services for consumers and lenders. The demonstrations showed how customers interact with the companies’ applications while also detailing how their platforms function.    

Refinancing platform MotoRefi and Romulus, a document processing solution, both advanced to the judging round, after a vote by attendees, and then competed for the Best in Show prize, a $10,000 advertising package with AutoFinanceNews.net. Watch all four demonstrations from the session on-demand here. 

Auto Finance Risk Summit, the premier event for risk and compliance in auto finance, returns May 11-12, 2021 as a virtual experience. The virtual experience will offer the quality networking and education of past events, all through an online platform. To learn more about the 2021 event and register, visit www.AutoFinanceRiskSummit.com. 

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