First Internet Bank Integrates Parlay Finance’s AI-Native Loan Intelligence System

Parlay Finance and First Internet Bank Join Forces to Modernize SBA Lending

Parlay Finance announced today a partnership with First Internet Bank to deploy its AI-native Loan Intelligence System (LIS). The move allows the bank's Small Business Administration (SBA) lending operations team to eliminate manual tasks and gain deeper insights for loan decisioning.

First Internet Bank Integrates Parlay Finance’s AI-Native Loan Intelligence System

First Internet Bank has integrated Parlay Finance’s artificial intelligence-native Loan Intelligence System to enhance its Small Business Administration lending. The bank expects to see as much as a 50% increase in efficiencies throughout the lending process as the LIS enables its SBA lending operations team to eliminate manual tasks and gain deeper insights for loan decisioning, the companies said in a Thursday (Oct. 16) press release…