IBM partners with Lending Labs to offer AI Ready, Sovereign Lending Solution to Banks and Financial Institutions

Singapore / Bengaluru (Karnataka) [India], September 2: Lending Labs, a lending-technology firm serving banks and non-bank lenders across Asia-Pacific, today launched its enterprise orchestration platform, Ontoz, on IBM Cloud. Ontoz uses industry ontology to help lenders automate the full loan lifecycle while keeping customer data and AI decisioning inside national borders, addressing a barrier that has stalled AI adoption in regulated banking.

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