With inflation at a 40-year high, the Fed is doing its part to slam the brakes on customer demand. Over the past year, the Fed has hiked rates a total of 6 times – resulting in the fastest rate increase for a single year since the 1980s. The benchmark borrowing rate is now at its … Continued
With the recent launch of OpenAI’s Chat GPT language processing tool, generative AI is becoming a hot topic. This newer iteration of artificial intelligence goes a step beyond merely analyzing data — it can actually create original content, such as text, images, and code. While generative AI is popular these days for its ability to … Continued
Commercial loan origination and management, and particularly middle-market lending, is no simple task. Compared to consumer loans, commercial loans typically involve substantially more data and document collection, rigorous underwriting, and ongoing management. Why the complexity? Because, as loan size increases, lending naturally becomes much more complex and is marked by a high degree of loan … Continued
