Deutsche Bank exec lauds AI impact on project times

AI is no longer just a buzzword; it is fundamentally speeding up how major lenders build and launch new financial tools. Deutsche Bank reports that using Artificial Intelligence has significantly cut down project timelines. For retailers and service providers, this signals a major shift in the speed of the lending market. When banks move faster, you get access to updated financing products, smoother integration tools, and more responsive credit decisioning engines. The use of AI-assisted coding and project management allows lenders to roll out system updates in weeks rather than months. This is particularly important for merchants who rely on API integrations for 'Buy Now, Pay Later' (BNPL) or point-of-sale financing. If your lending partner is adopting these AI workflows, you can expect fewer technical delays during peak seasons. Historically, banking technology moved slowly due to legacy systems. Now, the backend 'plumbing' of the financing world is being rewired for speed. This means your business can benefit from emerging consumer credit features much faster than in previous years. Keep an eye on your financing partners' tech roadmaps, as those leveraging AI will likely offer more agile and competitive solutions for your customers.

Source: Finextra — Lending

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