Automotive Lending Transformed by AI But Dealers Reportedly Have Concerns About Artificial Intelligence Leading to Job Loss, Lack of Human Interaction
Automotive lending has been quickly transformed by artificial intelligence (AI) with the promise of faster, more accurate and more cost-effective credit decisions and approval processes. Auto dealers are not exactly ready to embrace the new technology. According to the J.D. Power 2024 U.S. Dealer Financing… Read More
Read more in: Artificial Intelligence, Fintech, Global | Tagged ai, automotive lending, credit, insights, lending, research