Auto lenders use AI, machine learning to track borrower habits
Arivo has 50 machine learning models in production
Auto lenders are eyeing automated tools and AI for information on borrowers’ habits and repayment history. Tysons, Va.-based PenFed Credit Union uses AI to generate a summary of a borrower’s habits, Chris Kleczynski, vice president and head of auto lending product strategy, said at the recent Auto Finance Summit in Las Vegas. The summary for […]
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