News
OCC AI Collections Audit: 9 Artifacts Examiners Want
3+ hour, 47+ min ago (1491+ words) Regulators now apply SR 11-7 model risk management guidance to AI collections systems with the same rigor they use for credit risk models. Banks using AI for debt collection face a new reality. Saying "the model works" no longer satisfies compliance…...
SR 11-7 Compliance Cost: 48% Savings Building vs Retrofitting
8+ hour, 7+ min ago (792+ words) Results vary by portfolio composition, starting baseline, and data maturity " figures above reflect median outcomes across US banks deployments. The calculation only works if the baseline is honest: start with $85, 000-$180, 000 annual SR 11-7 documentation cost for collections AI (manual staffing) as…...
Explainable AI Banking OCC Requirements Collections
2+ mon, 3+ week ago (1365+ words) The rejection rate for AI models lacking adequate explainability documentation has risen to 35% across community and regional banks, according to the OCC's 2025 supervisory feedback. Federal Reserve examiners are applying the same standard under SR 11-7, with particular scrutiny on models used…...
AI for Growth & Retention | Net New Money | i Turing
7+ mon, 6+ day ago (948+ words) Predictive and agentic AI that accelerates Net New Money, multiplies cross-sell, and reduces churn i Turing AI growth and retention identifies the right segment for every product, targets messaging and price at a market of one, and provides evidence-backed forecasts…...
AI for Fin Tech | Fraud, Risk, Collections & Growth | i Turing
7+ mon, 1+ week ago (934+ words) Governed intelligence for origination, payments risk, collections, and growth " live in weeks Add explainability, lineage, approvals and live risk checks into every decision so as to improve conversion losses while ensuring a clean, defensible regulator-compliant trail. banks and insurers live…...
Model Governance Software for Banks & Insurers | i Turing
4+ mon, 4+ day ago (694+ words) Govern. Monitor. Approve. Audit. All in one place. Govern models from any source. Built for regulated industries with complete transparency and audit trails. Configure use cases and register models from i Turing, Python, SAS, and third-party sources Access code, data,…...
AI Collections & Recovery | 20% Lift, 60% Lower Costs | i Turing
4+ mon, 4+ day ago (224+ words) Integrated AI that predicts risk, personalizes outreach, and executes autonomously " 20%+ lift, 60% lower costs, complete audit trails. i Turing Collections predicts default risk and propensity to pay, then generates hyper-personalized outreach that drives voluntary compliance across every channel, debt type, and…...
Agentic AI for Autonomous Decisions | Governed AI Agents
4+ mon, 6+ day ago (465+ words) Deploy self-learning agents that orchestrate complex workflows, adapt strategies in real-time, and inherit platform governance " no manual retraining required. Built for regulated industries. Pre-built templates for collections, fraud, claims, and underwriting - or build custom agents with no-code tools. Complete audit…...