Underwriting is undergoing a major transformation as financial institutions push for faster decisions, better fraud detection, and greater personalization, according to a new global Experian report. By 2030, credit decisions are expected to become embedded in everyday transactions, with artificial intelligence and automation taking on a bigger role. The report, based on surveys and interviews with 708 senior credit and fraud risk leaders across 10 countries, found that 83 percent of respondents expect real-time loan … More
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