Lending stories
The Auckland fintech plans to double staff as the NZ$5 million funding commitment backs expansion in New Zealand's open banking market.
Smaller businesses could gain fresh access to finance as shipping data from FedEx and Stripe's systems is used to assess lending risk.
Celonis argues frontier AI models are too generic for regulated banking, urging firms to weigh cost, risk and process gains before scaling deployments.
Banks are broadening use of RDC.AI's software as the Australian-founded group reports more than 120 per cent growth in existing customers.
The funding will help the Hong Kong-based fintech expand lending to online merchants across Asia and the US as demand for trade finance grows.
Regulated lenders gain software that keeps sensitive data in-house as the Abu Dhabi-based group expands after a USD $13 million round.
The real risk is not sentient machines but systems that can shape loans, jobs and treatments before humans can meaningfully intervene.
The awards highlight how insurers, agencies and police are using process software to cut delays, clear backlogs and save staff time.
The deal lets KOHO speed up new launches for its 2.5 million Canadian members while keeping app control and outsourcing back-end lending work.
Brokers using HAILO can now assess a client's full debt position in one workflow, helping them meet Best Interests Duty obligations more easily.
Lenders may now approve more borrowers and catch more fraud, as Plaid's new models use cash flow and transaction data instead of credit scores alone.
The funding will help the fintech meet rising demand as enterprises seek to free up cash tied in unpaid invoices and cut days sales outstanding.
Institutional traders will be able to move US dollar funds instantly at any time, as the tie-up aims to remove banking cut-off delays.
Backing for Indonesia's digital payments push gives 01F Group a foothold in a market that could reach USD $1 trillion by 2030.
Lenders using HES LoanBox and CollectionAgent will gain more repayment and payout options through a single integration, reducing friction for borrowers.
Human oversight will stay in place for DCB Bank's highest-risk AI decisions as the lender pushes automation to speed up SME services.
The move comes as banks and fintechs shape the next phase of Open Banking, with over 100 billion API calls underscoring the stakes.
Banks and insurers in India may cut transcription errors on EMI amounts and policy numbers as a multilingual model targets noisy calls.
The bank still needs final regulatory clearance before it can open and offer lending, deposits and stablecoin infrastructure to businesses.
Institutional crypto clients could soon settle US dollars around the clock as SoFi ties its banking network to Kraken and lists SoFiUSD on the exchange.
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