Intuit Accelerates Small Business Lending
Intuit used Databricks AI to deliver emergency capital at scale during the pandemic, facilitating more than $1.4 billion in loans for approximately 40,000 customers on a modern cloud architecture. Intuit holds nearly 700 AI and ML patents and runs hundreds of production models for risk, fraud, matchmaking, and cash flow management.
Overview
Intuit used Databricks AI to deliver emergency capital at scale during the pandemic, facilitating more than $1.4 billion in loans for approximately 40,000 customers on a modern cloud architecture. Intuit holds nearly 700 AI and ML patents and runs hundreds of production models for risk, fraud, matchmaking, and cash flow management.
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Inspect the highlighted sourceThe challenge
During the pandemic, small businesses urgently needed emergency capital, and Intuit needed to deliver that capital at scale, quickly and reliably.
The solution
Intuit used Databricks AI to deliver emergency capital at scale, leveraging a modern cloud architecture for speed and reliability. Intuit runs nearly 700 AI and ML patents and hundreds of production models for risk, fraud, matchmaking, and cash flow management.
Reported business value
During the pandemic, Intuit facilitated more than $1.4 billion in loans for approximately 40,000 customers.
Sources
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