Technology
In this podcast, you can get insights on how to fix credit scoring with automation
Credit scoring is a vital process that financial institutions use to evaluate the creditworthiness of borrowers. Traditionally, credit scoring has been a manual process, which can be time-consuming, costly, and prone to errors. However, with the advent of intelligent automation technology the credit scoring process can be significantly streamlined and optimized.
One such platform that has gained popularity in this space is Bautomate, an AI powered platform that enables banks, lenders and other financial institutions to automate credit scoring processes. Large volumes of data from various sources, such as credit reports, financial statements, and other relevant information can be stored with high protection and that data helps to generate accurate and reliable credit scores.