13min chapter

Motley Fool Money cover image

Under Armour CEO Walks The Plank

Motley Fool Money

CHAPTER

AI's Impact on Credit Accessibility

This chapter delves into the transformative role of artificial intelligence in the financial technology sector, specifically through Pagaya's innovative approach to improving consumer access to credit. It discusses the significant challenges borrowers face due to outdated banking criteria and how AI can identify deserving applicants previously deemed high risk. The conversation also explores risk management strategies and the importance of trust and shared risk within the evolving lending landscape.

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