Bank-Fintech Partnerships Enhance Pricing and Risk Underwriting

Banks are working with tech companies to better assess risk and price loans.

Julapa Jagtiani, an economist, shared this at a webinar.

AI helps to tell apart borrowers who might not pay back loans from those who will.

Financial social media also has a big impact on how people invest.

However, it's important to know that some of this information can be fake, which makes people less confident in the markets.

Experts warn that even though AI sounds smart, it is based on statistics and doesn't actually understand things.