LexisNexis Risk Solutions research reveals that as traditional credit data provides less visibility into consumer risk, financial institutions worldwide increasingly leverage alternative data in the consumer lending process.
Gen Z is gradually emerging as a major influential power in the e-commerce sector. Although Gen X still remains the biggest spender, Zoomers are expected to display the fastest spending power growth in the next 10 years. Here is how to cater to this increasingly important consumer category with a suitable fintech solution.
The central bank of Colombia has ignored calls to intensify the process of cutting interest rates.
The administration of the President of the United States Joe Biden on Thursday, October 31, announced investments in the amount of $825 million in the implementation of a project of a new semiconductor research and development facility in Albany, New York.
Microsoft last Wednesday, October 30, released information about its earnings for the first fiscal quarter.
OpenAI on Thursday, October 31, launched a search feature in its chatbot called ChatGPT.
In the United States, inflation showed moderate growth in September and approached the Federal Reserve’s target of 2%.
Halloween consumer shopping patterns are changing, with holiday sales expected to fall by $600 million from the record-high figures of 2023.
Klarna will become a default payment method for Worldpay’s global merchant network, expanding customer access to Klarna’s flexible payment services directly through Worldpay’s platform.
Mastercard’s new in-house AI capabilities include a chat-based assistant, source management, and learning improvements with human feedback.
Media reports indicate that Airwallex, a payments platform, is currently in talks to raise $200 million in investment funds.
Siemens will buy Altair Engineering, a company specializing in software development.
In the eurozone, economic growth was recorded in the third quarter of the current year, the pace of which exceeded preliminary expectations for the dynamic of the corresponding indicator.
In the third quarter of the current year, the United States economy maintained strong growth rates.
Coinbase integration of Visa Direct real-time payment service allows eligible Visa debit cardholders to instantly deposit funds into their Coinbase accounts, enhancing the speed and flexibility of transactions.
Sales of the latest generation of the iPhone smartphone from the US technology giant Apple have been banned in Indonesia.
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