Miriam Cross’ Post

The rapid pace of automation and AI has been a hot topic across all industries around the world this year. In the private debt sector, technology has been driving change – both in how private debt managers work and the skills they need – over the last decade. Joanne McEnteggart, IQ-EQ’s Global Head of Corporate and Loan Servicing, discusses automation, digital data collection and the difficulties facing private debt managers finding talent in a fast-changing environment. #privatedebt #loanadministration #digitaldata #ai https://ow.ly/mvuN50QrfbN

🌟 Revolutionizing the Lending Landscape: The Rise of AI-Powered Financial Resilience! 💰🤖 In an ever-changing financial world, innovation is key to resilience. Today, we're excited to share an article that explores how AI is transforming lending, paving the way for greater financial resilience. 🚀🌐 Read the full article here: https://lnkd.in/e2NtkjJD This article delves into how AI is revolutionizing lending practices, offering individuals and businesses new tools to navigate financial challenges. Here's what you'll discover: 💼 AI-Enhanced Financial Resilience: Learn how AI-powered lending solutions are equipping individuals and businesses to build financial resilience in a dynamic world. 📊 Data-Driven Decisions: Explore the role of AI-driven data analysis in enabling lenders to make informed decisions and provide personalized financial solutions. 🌍 Global Impact: Discover how this lending revolution isn't confined to one region but has the potential to transform financial systems worldwide. 🤖 The Future of Finance: Gain insights into how AI is shaping the future of lending, fostering financial well-being, and adapting to the needs of today's borrowers. In an era where adaptability is paramount, AI is empowering financial resilience, ensuring individuals and businesses are better prepared for whatever the future may hold. 🌟💰 Click the link above to read the full article and stay at the forefront of AI-powered financial resilience. #FinancialResilience #AIinFinance #LendingLandscape #BusinessInnovation #BusinessTodayNews #AIRevolution #GlobalImpact #FinancialWellBeing #DataAnalysis

How can private debt managers ensure they’re not swept up in the hype around new technologies such as AI? ✴️ What to consider before jumping in: https://okt.to/q4Vcuk #PrivateDebt #PrivateCredit #Innovation #PrivateMarkets #Digitisation #AI #FinTech | Keith Miller | Agnes Mazurek

How can private debt managers ensure they’re not swept up in the hype around new technologies such as AI? ✴️ What to consider before jumping in: https://okt.to/rJupPz #PrivateDebt #PrivateCredit #Innovation #PrivateMarkets #Digitisation #AI #FinTech | Keith Miller | Agnes Mazurek

Banks and financial institutions rely heavily on loans and credit as key revenue streams. To maximize profitability, they rely on data as they require more precision with their prediction. In this context, AI systems facilitate efficient management of the loan and credit assessment process, enabling lenders accurate predictions with minimal effort. Discover in this article how leveraging AI systems can enhance loan management and credit risk assessment, ensuring sustained profitability for banks, check it out 👇 https://lnkd.in/dHSH6rCz

The ever-changing nature of our economy has led to the emergence of several new trends in the structured finance market. One of these recent trends has been the rebounding of the syndicated loan market, which is now projected to experience growth of nearly 300% during this decade. In our latest blog, we explore the key factors driving the rebound of the syndicated loan market and also examine how features in AXIS by AIO Logic help facilitate fully configurable syndicated loans! #privatedebt #syndication #ai #fintech

How can private debt managers ensure they’re not swept up in the hype around new technologies such as AI? ✴️ What to consider before jumping in: https://okt.to/ZEYKQS #PrivateDebt #PrivateCredit #Innovation #PrivateMarkets #Digitisation #AI #FinTech | Keith Miller | Agnes Mazurek

Technology is making a revolution in debt collections. From artificial intelligence to analytics, innovations are streamlining processes and transforming the industry. Discover the shift in our latest blog. #TECServicesGroup #HealthCareTEC #DebtCollections #Collections #AccountsReceivable #AccountsReceivableManagement #DataEnrichment

Visionary Story: Sam the AI Debt Coach John, a long-time community #bank customer, found himself overwhelmed with debt. The pandemic had hit his finances hard, and he was struggling to find a way out. That's when he discovered his bank's #AI Debt Coach product. From the very first conversation, John's AI #DebtCoach, named "Sam," became his financial companion. Sam's friendly voice guided him through his debt analysis, breaking down complex numbers into understandable insights. Over weeks and months, Sam helped John create a personalized #debt reduction plan. They set achievable goals, and Sam's reminders kept John on track. The same "AI Person" that greeted John on day one was there every step of the way, celebrating successes and offering encouragement during setbacks. What impressed John the most was the consistency and #personalization that Sam offered. Sam knew John's financial story and was designed to help him, specifically, get out of debt. A year later, John was debt-free, thanks to his bank's innovative approach to financial wellness. The AI Debt Coach was more than a tool; it was a friend that understood John's #financialjourney and guided him to financial freedom. In their last scheduled engagement Sam introduced John to Todd, John's new financial advisor. Can you see the staircase of use cases?

Vedanvi @Vedanvi • Just now 'The comparison site uses AI to estimate a firm’s borrowing capabilities and the best rates, before being referred to an SME finance expert within the team to finalise details for the funding.' https://buff.ly/3STlfpk #FinancialDisruption #FintechNewsUK