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AmeriTrust Announces Hiring of Data Scientist and Launch of AI Initiatives
TORONTO, ON / ACCESS Newswire / February 24, 2025 / AmeriTrust Financial Technologies Inc. ...
About this update from Ameritrust Financial Technologies Inc.
[{"type":"text","content":"AmeriTrust Announces Hiring of Data Scientist and Launch of AI InitiativesTORONTO, ON / ACCESS Newswire / February 24, 2025 / AmeriTrust Financial Technologies Inc. (TSXV:AMT)(OTC PINK:PWWBF)(Frankfurt:1ZVA) (\"AmeriTrust\" or the \"Company\"), a fintech platform targeting automotive finance and specializing in used vehicle lease originations for the automotive industry, is pleased to announce the appointment of Mozhgan Parsa, PhD, to the position of Data Scientist. Mozhgan has a strong background in machine learning engineering, data science, and AI research. She will work with Xia Zhang, CTO, and Sean Severin, CIO, to integrate Artificial Intelligence functionality into AmeriTrust's proprietary lease and loan finance technology.AmeriTrust's AI team will be designing and developing AI technology to optimize credit risk assessments, fraud detection, auto-decisioning and customer behavior analytics. In addition, AmeriTrust's AI initiatives will provide advanced predictive analytics to support pricing, underwriting, servicing and customer retention strategies.AmeriTrust's CEO Jeff Morgan commented: \"Our pioneering leasing technology platform, initially developed by my team at MUSA Auto Finance, utilizes advanced algorithms to provide lease decisioning in seconds. AmeriTrust's lease and loan finance technology will now be further enhanced with the integration of AI Agents developed specifically to integrate into many aspects of the platform.\"Jeff Morgan further commented: \"I would also like to let our shareholders know that my primary focus continues to be securing funding facilities to originate leases on used and new vehicles. We have executed several NDA's specific to funding and are currently in discussions with multiple potential funding providers. As more information becomes available, I will provide an update.Finally, I would like to announce that AmeriTrust has launched its new, re-branded website at www.ameritrust.com. I would welcome all shareholders to visit the site to learn about our industry-leading leasing and loan solutions, about our servicing platform, AmeriTrust Serves, our remarketing platform, AmeriTrust Auto, and to review our updated Corporate Presentation.\"About AmeriTrust Financial Technologies Inc.AmeriTrust Financial Technologies Inc., listed on the TSX Venture Exchange, OTC PINK, and Frankfurt market...