Benefits of Third-Party Data for Insurance Companies
Benefits of 3rd-Party Data A number of statistics suggest that third-party data benefits companies by enhancing digital sales capabilities, improving fraud detection, enriching machine learning models, providing a better customer picture, facilitating programmatic advertising, supporting personalization efforts, providing data breadth, depth, and scale, and powering forecasting models and decision-making processes. Third-Party Data Enhances Digital Sales…
Glenn TrevorExamples of AI Application in Automotive Lending (Case Studies)
Some example studies of companies where AI is being used to facilitate automotive lending provided involve Ford Credit Motor and PointPredictive. PointPredictive works with various auto lenders to fight against fraud through machine learning technology that helps recognize fraudulent patterns in loan applications. Meanwhile, Ford Credit is testing machine learning technology for its auto loan…