LendingTree®, the leading marketplace for loans, credit cards, and insurance, recently held its annual Lender Summit, gathering top lenders and industry experts to explore challenges and opportunities in the mortgage sector. During the event’s Innovation Challenge, Kastle emerged as a winner with its pioneering AI voice technology that promises to reshape the mortgage industry.
Kastle’s Groundbreaking AI Voice Technology
In a landscape increasingly dominated by artificial intelligence, many companies are grappling with how to integrate AI effectively into their operations. At the summit, Kastle’s CEO, Rishi Choudhary, delivered a captivating live demonstration of voice AI, simulating a realistic customer interaction.
Enhancing Mortgage Interactions
Headquartered in San Francisco, Kastle’s innovative approach aims to provide the mortgage community with an efficient means to engage consumers, ensuring compliance while enhancing affordability and user experience.
‘It’s been exciting to partner with lenders and servicers to shape the future of AI in lending,’ said Rishi Choudhary, co-founder and CEO of Kastle. ‘We’re starting with Voice AI and rapidly expanding to other manual tasks in loan production and servicing. AI will transform the borrower experience while significantly cutting costs and time, and we’re thrilled to help lenders bring this technology to life faster.’
Judging Criteria and Impact
The winner of the Innovation Challenge was selected through a combination of votes from judges and attendees, all professionals in the lending field. Kastle’s technology garnered the highest score for its potential to positively impact both businesses and consumers.
This year’s LendingTree Mortgage Summit spotlighted the transformative potential of AI in the mortgage industry, with Kastle’s success underscoring LendingTree’s commitment to innovation.
For more information on Kastle and their award-winning AI technology, visit www.kastle.ai.
About LendingTree, Inc.
LendingTree (NASDAQ: TREE) is one of the nation’s largest online financial platforms designed to empower consumers to improve their financial health. With access to over 1,000 financial partners, LendingTree has assisted over 129 million customers in obtaining financing, saving money, and enhancing their credit health.
LendingTree, Inc. is based in Charlotte, NC. For further details, visit www.lendingtree.com.
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- Innovation Challenge
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