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The Evolving Impact of AI On The FinTech Industry

Krystal Zhang
by Krystal Zhang0
AI innovations in FinTech are changing from a simplistic focus on automation to an analytical tool for processing complicated financial data. This indicates a paradigmatic shift from using AI for repetitional tasks toward curating sophisticated strategies and executing complex decision-making processes. A chronological trajectory of AI’s application in FinTech will......
Banking Digital Payments Finance Fintech Guest Posts Lending

The future of SMB financing is fast, flexible, and digital

Marius Silvasan
by Marius Silvasan0
By Marius Silvasan, CEO of eCapital In the often tenuous small and medium-sized business (SMB) world, access to timely and flexible financing can be the difference between survival and failure. In fact, nearly one-third of small business respondents to a Slack survey early this year said they’re worried their business......
Artificial Intelligence Featured Finance Fintech Risk Management Trading

The Influence of AI on International Trade Efficiency

Prajakta Ayade
by Prajakta Ayade0
Artificial Intelligence (AI) is revolutionizing various sectors, and international trade is no exception. Global trade’s complex and multifaceted nature presents numerous challenges, such as logistical inefficiencies, regulatory compliance, and risk management. AI’s ability to process vast amounts of data, recognize patterns and make predictions provides innovative solutions to these challenges,......
FICO Survey: 1 in 3 Indians Worried About Being Scammed As Real-Time Payment Risks Grow
Analytics Digital Payments News

FICO Survey: 1 in 3 Indians Worried About Being Scammed As Real-Time Payment Risks Grow

Business Wire
by Business Wire0
34% of Indians are most concerned about being tricked into making payment to a criminal Highlights Payment Fraud is the top financial crime concern for 34% of Indians Identity theft worries persist, with 37% believing they have or might have been victims Real-time payment scams are on the rise, with......
Equifax Canada Exploring How Payday Loan Data Could Help Drive Financial Inclusion
Fintech Lending News

Equifax Canada Exploring How Payday Loan Data Could Help Drive Financial Inclusion

GlobeNewswire
by GlobeNewswire0
Equifax Canada, a global data, analytics, and technology company, is committed to promoting financial inclusion and access to fair and responsible credit opportunities for all Canadians. As part of this commitment, Equifax is exploring how data sources not traditionally used in credit scores, such as payday loans, could help create......
New Experian Tool Empowers Financial Inclusion Through Open Banking Insights
Banking News

New Experian Tool Empowers Financial Inclusion Through Open Banking Insights

Business Wire
by Business Wire0
Experian’s Cashflow Attributes may improve access to credit for underserved consumers and help enable more informed lending decisions Experian announced the launch of Cashflow Attributes, a groundbreaking solution to help expand fair and affordable access to credit, particularly for thin-file and credit invisible consumers. With over 900 income, cashflow and......
SecurityScorecard Threat Research: 21% of S&P 500 Companies Reported Breaches in 2023
Finance Fintech News

SecurityScorecard Threat Research: 21% of S&P 500 Companies Reported Breaches in 2023

Business Wire
by Business Wire0
The new S&P 500 Cyber Threat Report details emerging trends and strategies for Chief Information Security Officers (CISOs). According to the latest threat research from SecurityScorecard, 21% of S&P 500 companies experienced breaches in 2023. The new S&P 500 Cyber Threat Report details emerging trends and strategies for Chief Information......
FICO Survey Indonesian Focus on Identity Theft Persists Amidst Escalating Real-Time Payment Risks
Finance Fintech News

FICO Survey: Indonesian Focus on Identity Theft Persists Amidst Escalating Real-Time Payment Risks

Business Wire
by Business Wire0
The study reveals that identity theft (36%) remains the predominant worry among Indonesians, exposing individuals to various risks, including financial loss, compromised credit scores, and the arduous process of restoring financial integrity. Highlights Identity theft worries persist, with 36% of Indonesians fearing fraudsters opening accounts A noticeable gap exists, as......
Unicorn Fintech Veterans Launch Worth AI, the first AI-Powered Financial Underwriting Platform to Increase Data Transparency and Fuel Economic Equity
Artificial Intelligence Finance Fintech News

Unicorn Fintech Veterans Launch Worth AI, the first AI-Powered Financial Underwriting Platform to Increase Data Transparency and Fuel Economic Equity

Fintech News Desk
by Fintech News Desk0
Stax Payments founders, Sal Rehmetullah and Suneera Madhani, harness the power of AI to build real-time data underwriting and risk management platform to speed decision-making, increase risk accuracy and improve financial predictability Worth AI, a fintech SaaS startup, officially launched today and announced its artificial intelligence-powered risk management and underwriting technology.......
10 Million Individuals in Emerging Markets Have Entered the Financial System Through PayJoy
Finance Fintech News

10 Million Individuals in Emerging Markets Have Entered the Financial System Through PayJoy

PR Newswire
by PR Newswire0
PayJoy reaches this milestone less than a year after becoming a Public Benefit Corporation dedicated to responsible financing, with a sharp focus on ensuring a positive impact on its customers’ financial well-being. PayJoy, the leading lender to the underserved in emerging markets, today announces it has helped 10 million customers......
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