Traded on the Australian Securities Exchange buy now pay later leader Afterpay has been on a tear in recent weeks;...
Ageras Group—whose suite of financial software powers over one million small businesses across Europe and North America, acquires Kontist.
Registrations are soaring at the aggregator sites which connect borrowers and financing providers; Funding Options is one company that is...
Agora Data helps any size of auto dealer compete with the big corporations by providing affordable financing at more reasonable rates.
Agriculture financing has typically been done by local banks who have built relationships with farms and families; there is a...
Series A round will be used to expand the credit offer for small and medium-sized rural producers in the country
Pomelo lo explicó en sus redes sociales:Patrocinado Patrocinado “Agro + crypto y una tarjeta que llega para desafiar las leyes de la ciencia en Argentina y Brasil, bienvenido Agrotoken a Pomelo! Así es, oficialmente nos aliamos a Agrotoken, empresa dedicada a la tokenización de commodities...
'The real power is that AI can actually predict or detect patterns of behavior and suspicious activity that would take a lot longer for traditional methods to uncover.'
CB Insights reports on artificial intelligence (AI) startups that have been acquired since 2012; top acquirers include Google, Apple, Facebook and Intel; 200 AI companies have been acquired since 2012 and the first quarter of 2017 reported 34 AI acquisitions including the largest deal from Ford which acquired Argo AI for $1 billion. Source
Source reports on the operational costs associated with loans and how automation and artificial intelligence (AI) can help reduce those costs; automation can now replace manual processes such as credit checks, data consolidation, onboarding, loan documentation, know your customer and more; robotics and AI are also assisting in risk analysis for SMEs; additionally, machine learning solutions have also been evolving to evaluate thousands of data points from various sources; as these solutions evolve, banks too will need to integrate greater automation to stay competitive. Source