Technology Debate Continues in the UK Mortgage Market

There was a recent technology debate held at the Connaught Hotel hosted by Mortgage Solutions and Capita Mortgage Software Solutions that focused on some of the newer technology coming to the mortgage market; a key piece of the conversation focused on the use of APIs which would help to connect brokers and lenders and cut down on repetitive work; according to Mortgage Solutions, the individuals at the event thought that some lenders might be close to rolling out an API but large scale adoption was still potentially years away; other technology discussed included chatbots, artificial intelligence to help read through bank statements and how the open banking initiative will affect the industry. Source

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