2022-05-24 | NDAQ:UMBF | Press Release

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Intain Augments Admin Service with Verification Agent, Employing Artificial Intelligence for Large-Volume Automated Loan Processing to Substantially Reduce Potential Errors

NEW YORK, May 24, 2022 /PRNewswire/ — Intain Inc., a leading blockchain-enabled structured finance platform for issuers and investors to connect in an efficient, secure and trusted way, announced today the availability of a verification agent module for its Intain Admin platform for integrated and seamless administration of structured finance. The addition of a verification agent provides an automated function for large-volume review and processing of loans and other assets by artificial intelligence (AI), substantially reducing errors, lowering costs and speeding up processing times of complex structured finance administration, which has traditionally been facilitated by manual processing.

UMB Financial Corporation is the first customer to activate Intain’s verification agent…

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