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The Fusion of AI and Cloud Computing in Consumer Lending

A man is looking into a tablet that is being held by a woman next to him.

Digital transformation is the key to any organization’s survival. Compared to other industries, the consumer lending industry is slow in the process of transitioning from legacy platforms to digitized environments, 87% of the banks still use legacy systems. Consumer lending and servicing is loaded with data, involves long process times, and is driven by stringent compliance […]