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ING, Flowcast partner to pilot AI-based platform to assess loans for default

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Dutch multinational bank ING and automation technology provider Flowcast announced Monday they are piloting a new platform that would automate loan assessment to identify potential defaults. As part of the partnership, ING also will invest $3 million in the fintech startup. The pilot platform will leverage artificial intelligence (AI) to continuously evaluate transaction-level data, essentially […]

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Source: https://bankautomationnews.com/allposts/lending/ing-flowcast-partner-to-pilot-ai-based-platform-to-assess-loans-for-default/

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