Zest AI

The U.S. is still struggling with COVID and the lending repercussions of the CARES Act are still pending. In these linked workshops, we talk about what lenders can do today to improve current portfolio health and options you can take to quickly and fairly adjust for the future.

zest.ai It’s hard to know how to respond in today’s economic uncertainty so we’ve designed a series of 30 minute workshops taught by subject matter experts to help guide you through the uncertainty. Join us as we equip you with the tools to weather any storm.

Here are some predictions we've got for how AI is going to change and improve lending and fintech in 2020. Worked on this with Forbes contributor Louis Columbus. Let us know what you think!

10 Ways AI Is Going To Improve Fintech In 2020 AI & machine learning will improve Fintech in 2020 by increasing the accuracy and personalization of payment, lending, and insurance services while also helping to discover new borrower pools.

Research shows that Americans want their financial institutions to use more information to produce fairer outcomes — but they want it used responsibly. AI can do all of this — but only with the right checks and balances in place. We believe that fair AI in financial services is not only possible but currently available. It’s now on the financial industry to ensure the algorithms they use are fair.

There’s A Fix To The Problem Of Biased Algorithms in Lending Discriminatory algorithms are used throughout consumer lending. Regulators are taking note. The good news for financial institutions: it pays to be fair.

Lenders who use AI and machine learning can use more data and valuable trended data to paint a better picture of a borrower's ability and willingness to repay their loan. This helps get more deserving borrowers an affordable auto loan, credit card, or mortgage -- borrowers such as millennials and immigrants with a short credit history or minority homebuyers who have traditionally been shut out of credit opportunities. Check out Zest executive Kareem Saleh talking to the Mortgage News Network about how Zest AI's ML software is expanding opportunities for home buyers.

Using AI to Improve the Mortgage Process Zest AI’s Kareem Saleh shares how this industry can go from 14 days to 500 milliseconds from app to close (not including regulatory restrictions). But wait, ...