CHARLOTTE, N.C., Nov. 26,
2024 /PRNewswire/ -- LendingTree®, the
nation's leading marketplace for loans, credit cards, and insurance
and more, recently held the company's annual Lender Summit,
bringing together America's top lenders and industry experts to
discuss the challenges and opportunities available within the
mortgage industry. During the event's annual Innovation Challenge,
Kastle was named the winner with their AI Voice technology, a
groundbreaking solution for the mortgage industry.
In an era where artificial intelligence (AI) is on the forefront
of every business leader's mind, many companies find themselves at
a crossroads, struggling to effectively integrate AI into their
operations to enhance growth and efficiency. Kastle's CEO,
Rishi Choudhary, captivated the
audience with a compelling live demonstration showcasing voice AI
engaging in a realistic customer interaction.
Headquartered in San Francisco,
Kastle's innovative approach offers the mortgage community a highly
effective means to interact with their consumers in a manner that
is both controlled and compliant, delivering on the promise of
affordability and ease of implementation.
"It's been exciting to partner with lenders and servicers to
shape the future of AI in lending," said Rishi Choudhary, Kastle Co-Founder and CEO.
"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."
The accolade of winning the Innovation Challenge was determined
by a combined vote from judges and attendees, all of whom are
professionals within the lending sphere. Kastle's technology
emerged as the top contender, receiving the highest score for its
potential to make a positive impact on businesses and
consumers.
This year's LendingTree Mortgage Summit once again highlighted
the immense potential of AI to revolutionize the mortgage industry.
The success of Kastle's demonstration is a testament to the
LendingTree's forward-thinking approach and its commitment to
driving innovation in the sector for both borrowers and
lenders.
For more information on Kastle and their award-winning AI
technology, please visit www.kastle.ai
About LendingTree, Inc.
LendingTree (NASDAQ: TREE) is one of the nation's largest, most
experienced online financial platforms, created to give consumers
the power to win financially. LendingTree provides customers with
access to the best offers on loans, credit cards, insurance and
more through its network of over 1,000 financial partners. Since
its founding, LendingTree has helped over 129 million customers
obtain financing, save money, and improve their financial and
credit health in their personal journeys. With a portfolio of
innovative products and tools and personalized financial
recommendations, LendingTree helps customers achieve everyday
financial wins.
LendingTree, Inc. is headquartered in Charlotte, NC. For more information, please
visit www.lendingtree.com for additional information.
MEDIA RELATIONS:
press@lendingtree.com
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SOURCE LendingTree, Inc.