The highest perceived benefits are in data and analytical insights, anti-money laundering (AML) and combating fraud, and cybersecurity. 

The AI chatbot answers criteria queries instantly from internal staff, brokers and customers.

57% say they’d like to enhance their compliance processes to use AI for the provision of suitable advice in the future.

Sam Oliver, founder of AI platform OpenFi, says that as the rate war intensifies, smaller and more agile brokers will need to embrace new technology to compete.

Stephen Simmons, CDO and co-founder at Sikoia, says AI will not replace the role of the broker, but will help them work smarter, reduce the risk of human errors, and give them more...

The panel discussed the challenges and potential solutions in the home buying process.

29% of those attempts are considered successful.

Thomas Chaplin, head of mortgages at nCino, explores how AI can equip brokers with the real-time insights they need to stay competitive and differentiate themselves from other brokers...

Matt Lowndes, innovation director at Mortgage Advice Bureau, provides insight on how AI can further enhance the broker and customer experience. 

A study of UK adults has shown that the vast majority would prefer mortgage advice from a person - with just 2% saying they would prefer advice from a chatbot.