AUSTRALIAN PROPERTY INSTITUTEVIDEO

Industry still playing catch up to proptech

Print Friendly, PDF & Email

THE mortgage, valuation and banking industries are still playing catch-up compared to others, despite the rapid evolution of machine learning, artificial intelligence and cloud technologies, according Carmen Vicelich, chief executive officer and founder of Data Insight & Velocity.

Vicelich spoke at the Australian Property Institute’s recent National Property Conference on the Gold Coast.

“Increased regulatory compliance, meaning banks need things faster and more precise, and at the same time, increased customer expectations mean they expect a relevant, more seamless experience.

“We’re a little bit like a frog in boiling water. All this change is happening around us, and the worst thing we can do is actually not recognise this and be ignorant,” she said.

Australian Property Journal

Related posts
CORONAVIRUS COVID-19 PANDEMICGENERAL PROPERTYRESIDENTIAL PROPERTY

400 combustible clad buildings to be fixed

THE Victorian government is accelerating its flammable cladding rectification program to fix up to…
Read more
AUSTRALIAN PROPERTY INSTITUTECORONAVIRUS COVID-19 PANDEMIC

Industry coalition urges adopting e-transaction permanently

AN industry coalition including the Australian Property Institute, Australian Banking Association…
Read more
AUSTRALIAN PROPERTY INSTITUTE

API members elect new directors

MEMBERS of the Australian Property Institute have elected four directors to the board. Katherine…
Read more