Blend Labs Introduces AI-Powered Lending System
Blend Labs has unveiled Intelligent Origination, an AI-driven system designed to automate and enhance the lending process.
The system integrates artificial intelligence into each stage of origination, interpreting data and documents, performing complex tasks autonomously, and learning from outcomes.
- Automates and streamlines the lending process
- Embeds automation and analytics throughout its digital origination platform
- Includes explainability and audit features for transparency
“Lenders don’t need more tools; they need systems that execute,” said Nima Ghamsari, Blend’s co-founder and head. “For too long, automation in lending has been exception-based — flagging problems for humans to fix.
Author's summary: Blend Labs introduces AI system for lending process automation.
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