Experian Readies Agentic AI to Overhaul Legacy Lending
Experian Readies Agentic AI to Overhaul Legacy Lending
Publish Date: 2026-06-02 15:30:00
Source Domain: www.pymnts.com
- Experian is launching the Agent Operating System as part of the Experian Ascend Platform, designed to help financial services organizations implement agentic AI more efficiently.
- The new system will allow AI agents from Experian, clients, and partners to collaborate across the lending lifecycle, with added security features including auditability and human oversight.
- An initial rollout to selected users is planned for later this year, with a broader global deployment targeting more than 2,300 client solutions.
- The collaboration between Experian and ServiceNow will empower financial institutions to automate high-risk decision-making processes, such as fraud detection and credit risk assessment.
- The implementation aims to replace fragmented manual processes with real-time, automated workflows for key lending operations, including fraud checks and loan approvals.
- Existing collaborations between Experian and ServiceNow regarding automated underwriting systems will continue, leveraging integrated AI capabilities to expand loan originations and enhance decision-making in regulated environments.
