In a webinar sponsored by Provenir, experts discussed the promise and challenges of AI in lending, and where the sector was headed next.
On Tuesday, Denver-based online lender Funding Circle launched a partnership with DreamSpring, to increase access to funding for SMBs.
Affirm's earnings were fantastic. This continued the trend of publicly traded fintech companies breaking records for revenue and profitability.
The use of buy now, pay later (BNPL) services has exploded over the past few years, and only now are we beginning to learn the impact of that boom.
Several factors are contributing to rising rates of BNPL fraud, Sift's trust and safety architect Brittany Allen said. Through its end-to-end Digital Trust and Safety Platform, Sift helps clients proactively stop fraud at crucial transaction points while fuelling growth.
New York-based online banking company Ampla Technologies recently launched a new extended payment terms solution called Ampla Pay Later.
Between the Public Service Loan Forgiveness deadline and the end of the student loan payment moratorium, borrowers are flocking to Candidly.
A warmer embrace of open data could solve America’s small business credit crunch, a new Codat report suggests. That is one finding from America’s SmallBusiness Credit Opportunity, a report conducted with polling from YouGov.
Consumers see this process as seamless and instant. It's just the start of a complex process for the retailers involved in the transaction.
Lenders gravitate towards using artificial intelligence (AI), so they must be dedicated to removing biases from their models. Luckily there are tools to help them maximize returns and minimize risks.