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AI & Lending

Increase Revenue With Loan Processing Automation

Loan processing automation is quickly changing the industry landscape. If you want to bolster your company's KPIs and become more efficient with your resources, software, automation and artificial intelligence can take a huge burden off your shoulders.

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Canadian Lenders: Top Takeaways from OFSI's 2022 Annual Risk Outlook

The Office of the Superintendent of Financial Institutions (OFSI) released its first Annual Risk Outlook report recently, and there are a number of significant implications for Canadian lenders to consider. According to Peter Routledge, OFSI’s Superintendent:

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Nine Mortgage Fraud Red Flags and How to Spot Them

The financial lending industry runs on a vast and complex system that will always attract individuals with ulterior motives. In the United States, mortgage fraud cases were rampant in the years prior to the 2008 global financial crisis. Things have considerably improved since those dark days, but this doesn't mean we should let our guard down, which is why learning to recognize mortgage fraud red flags is vital.

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Embedded FinTech: What It Is and How It Will Change Finance

Over the past 5 years, there has been a proliferation of embedded FinTech startup companies. Many of these companies make claims suggesting that traditional finance, banking services, and mortgage lenders are on their way out. Instead, embedded FinTech promises more transparency and shorter processing times. Is the promise up to the hype?

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