Bank of America strategists reportedly expect consumers’ growing use of prediction markets and sports gambling sites to create new credit risk for lenders. Users’ losses on these platforms could create financial stress, with consumers taking on too much debt and defaulting on loans, the bank’s...
ValidiFI and DigiFi have partnered to provide lenders with automated, streamlined credit decisioning. In a new strategic integration, ValidiFI’s credit risk solutions will be added to DigiFi’s automated digital lending platform, the companies said in a Wednesday (Dec. 4) press release. “We are excited to...
Australian company Rich Data Co (RDC) has secured an additional AU$9 million (about $5.9 million) in funding to accelerate the expansion of its artificial intelligence (AI) decisioning platform for business and commercial lenders in North America. This new funding from Acorn Capital follows the initial...
The lending landscape is undergoing a system-level shift that promises to benefit both borrowers and lenders. FinTech innovations, and an evolving mindset within the industry, are combining to usher in a new era of underwriting methods that draw from alternative data sources and advanced analytics...
December 12, 2023
The lending landscape is undergoing a system-level shift that promises to benefit both borrowers and lenders. FinTech innovations, and an evolving mindset within the industry, are combining to usher in a new era of underwriting methods that draw from alternative data sources and advanced analytics to paint a comprehensive picture of an individual’s financial health. […]
October 26, 2023
It’s said that change is the only constant in business, but that doesn’t mean firms need to consistently adapt to every new trend. This is particularly true within the B2B...
July 06, 2021
“How much cash you have and how you use your cash is really an important data point that can be used to assess someone’s creditworthiness.” In an age where half...
June 17, 2021
The last 16 or so months has triggered a full reset of almost every part of consumers’ lives, as they were forced to rewire themselves to work in a world on...
October 06, 2026
Plaid is adding new capabilities and artificial intelligence (AI) models to its network that powers digital finance, aiming to help financial firms with their decisions across credit, fraud and payments, the company said in a Tuesday (Oct. 6) press release emailed to PYMNTS. A new capability, Instant Link, lets eligible consumers share their cash flow […]
November 25, 2025
Bank of America strategists reportedly expect consumers’ growing use of prediction markets and sports gambling sites to create new credit risk for lenders. Users’ losses on these platforms could create...
December 04, 2024
ValidiFI and DigiFi have partnered to provide lenders with automated, streamlined credit decisioning. In a new strategic integration, ValidiFI’s credit risk solutions will be added to DigiFi’s automated digital lending...
August 05, 2024
Australian company Rich Data Co (RDC) has secured an additional AU$9 million (about $5.9 million) in funding to accelerate the expansion of its artificial intelligence (AI) decisioning platform for business...
