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.