Lending stories
Conditional approval from US regulators brings Revolut closer to offering loans, cards and FDIC-insured deposits to American customers by 2027.
Banks could use the new platform to automate routine tasks and speed decisions, but only within strict guardrails and audit trails.
Verified records can sharpen lending, fraud and compliance decisions, while enrichment on faulty customer data can simply scale the errors.
Borrowers can now pledge digital assets instead of selling them, as the pair widen a home loan offer beyond a limited trial.
Finance teams could spot suspicious invoices earlier as Sage Intacct gains AI fraud checks, alongside new billing and reporting tools.
The funding will help the Mumbai-based lender software maker push AI across collections and lending workflows for banks and NBFCs.
Visa's stablecoin push highlights a payments split that could keep card networks central even as digital tokens gain ground in settlements.
US small businesses can now access grant matching and trading links as Tenet rolls out Cubeler Business Hub beyond its Canadian base.
Banks and other financial firms are under more pressure from AI-assisted identity fraud, but they outscore peers on detection and audit evidence.
Mortgage lenders could soon automate file checks more quickly as SlateWorks' award-winning AI targets compliance-heavy reviews still done manually.
Five Indian financial firms will get free support to shift AI pilots into live customer-service systems under a new Blue Machines AI programme.
More than 90 credit union and community bank leaders weighed AI's efficiency gains against fraud and service risks at Eltropy's summit.
Most financial firms using AI still lack proper risk checks, prompting fresh guidance as regulators warn oversight is lagging.
Businesses can now tap customer-approved bank and energy data in hours, as Biza.io's new feed cuts integration costs and compliance hurdles.
The bigger invite-only gathering signals LoanPro's push to become a key meeting place for lenders as it adds sessions on AI, fraud and regulation.
Investment fell by more than 40 per cent year on year as Canadian fintech deals shrank to 47, despite a second-quarter rebound.
The tools have already started 150 loan applications and delivered a 17.7% conversion rate, giving the credit union new visibility into lending demand.
The funding will help Axle expand beyond 50 insurance segments as businesses seek faster verification and fewer manual checks.
Community banks and credit unions are being urged to use AI across the customer journey to speed replies, cut calls and satisfy regulators.
Poorly prepared borrowing is forcing many US small business owners to lean on personal credit, with 75% doing so last year.
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