Spinwheel will be integrated into the Algebrik AI platform so that financial institutions of all kinds can access verified consumer debt information and leverage integrated payment processing in their lending routines.
OakNorth wants to embed custom-built GPT tools powered by OpenAI into the core of its digital banking platform that serves over 215,000 customers.
Credibly is to enhance its AI-driven offering for small businesses with the launch of a new lending platform, Credibly.ai.
Indian fintech Slice Bank is looking to raise between $250-$300 million to expand its offering with merchant services.
A unified administrative portal, Shopify Finance, helps merchants focus on their business growth, alleviating the complexity and administrative burden of managing multiple financial tools.
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.
For many lenders, escrow accounts may seem like just a holding tank for property taxes or insurance payments. But here’s the thing: what goes into that account—and the extra cushion you set aside—could be the key to navigating market volatility. This is where escrow analysis comes in. It is more than just a financial formality. […]
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