Technological Advancements and Lending
Lenders are continually updating their technology, removing outdated tools and adopting new ones, such as borrower monitoring, AI processing, and verification tools.
Meanwhile, AI companies are exploring ways to teach robots to perform household chores, including folding laundry, to advance their capabilities.
AI companies are paying people to fold laundry in front of robots so they can learn to do household chores.
Crypto Scams and Security
Crypto scams have become a significant issue, with Americans losing millions to scammers at crypto ATMs, highlighting the need for increased security measures.
Crypto scams have attracted individuals looking to make money, often disregarding the harm caused to victims.
Author's summary: Lenders update tech while crypto scams rise.
- Borrower monitoring
- AI processing
- DPA
- Verification tools