Disbursements

PrimeLending Taps AI To Digitize Loans, Speed Up Disbursements Cash-strapped consumers are turning to lenders to pay down debts or refinance their homes, but many are looking for quick and convenient digital disbursement solutions — a challenge when many lenders are still clinging to manual processes. In the latest Disbursements Tracker®, Tim Elkins, chief production officer for home lender PrimeLending, explains how artificial intelligence (AI) and emerging digital payment tools can help lenders meet borrowers’ shifting expectations.
Inside the January Tracker
  • An interview with Tim Elkins, chief production officer for home lender and refinancing company PrimeLending, regarding how implementing AI and other tools could allow lenders to reduce the loan process and keep consumers’ trust
  • Notable headlines from the space, such as why Fifth Third Bank is digitizing its mortgage loan offerings and why consumers are now asking for digital rather than cash-based rebates from retailers
  • A Deep Dive analyzing why lenders must prepare to meet or exceed borrowers’ new expectations regarding loans and their disbursements and what tool and technologies could help them to do so