Lightico

APRIL 4, 2024

Here’s where Intelligent Document Processing (IDP) for Auto Finance , elevates the role of the credit analyst, & emerges as a game-changing technology. Compliance Champion – Ensuring Regulatory Peace of Mind The auto loan industry is subject to stringent regulations; especially enforced and investigated by the CFPB.

Finance 75

Finance Artificial Intelligence Data Entry Compliance 75

Lightico

FEBRUARY 11, 2024

This often result in inefficiencies, delays, and increased risk of errors and non-compliance. In our last blog on the subject, we covered IDP for Auto Finance in general but here we are diving a little deeper into the application process, where we often find lenders employing teams of “stare and compare” analysts and underwriters.

Data Entry 98

Data Entry Compliance Finance Unstructured Data 98

Lightico

SEPTEMBER 11, 2023

Digital transformation has become more than just a buzzword in the auto finance industry. To deliver fast, secure, and compliant digital customer experiences throughout the customer lifecycle, captive lenders must make digitization of critical processes a priority, while also ensuring that the efforts are economically viable.

Finance 52

Finance Compliance Unstructured Data AI 52

CommBox

JANUARY 18, 2024

To check if you are focusing on the right ones, determine if automating these use cases will impact the bottom line in the following ways: Support more volume Improve service level & customer experience Initiate a new service Increase cost savings The answer is often hidden in cost structures, budgets or roadmaps.

AI 98

AI Unstructured Data Engineering CRM 98