Transformative change in credit scoring, with Sanjay Uppal (Finbots.AI)

“AI is not something that's come around today, right? What has changed is our ability to store an enormous amount of data economically; the processing speeds; and the speed of transmission of information. Those three in combination are the most fertile ground to bring AI to life.”As we’ve heard on this show before, AI as such is not a new tool, but it is now really coming of age. And today’s guest, Sanjay Uppal, co-founder and CEO at Finbots.ai, saw an opportunity to use it to transform and democratise credit scoring.“I just said, ‘the solution has to be transformative. So we're not talking about taking a task that takes six months and do it in four months, we're talking about, 'can I bring six months down to 60 minutes? Can I bring it down to six minutes?'“You can read more about FinBots on their homepage (https://finbots.ai/) and, as Sanjay mentioned, they aim to get back to every contact within 24 hours so if you’re wanting to know more, feel free to start a conversation right at https://finbots.ai/contact/ And due to their great content, whether you need scoring transformation or not, you should follow them on LinkedIn, too: https://www.linkedin.com/company/finbots-ai-pte-ltd/ There, you can also find and follow Sanjay or previous guest of this show from all the way back in episode 10 and now current Chief Revenue Officer at Finbots, Andre Marques You can learn more about myself, Brendan le Grange, on my LinkedIn page (feel free to connect), my action-adventure novels are on Amazon, some versions even for free, and my work with ConfirmU and our gamified psychometric scores is at https://confirmu.com/ and on episode 24 of this very show https://www.howtolendmoneytostrangers.show/episodes/episode-24If you have any feedback, questions, or if you would like to participate in the show, please feel free to reach out to me via the contact page on this site.Regards, Brendan Hosted on Acast. See acast.com/privacy for more information.