Fraud is rising with the increased reliance on alternative payment methods, and AI could stop it. FIs have difficulties in adopting the tech.
During challenging economic times it is important for lenders to use new technology to help find new markets
The economic climate has caused many to turn away from SMB finance. Banks could provide fintechs with the stability to ride out the storm.
Amazon launched a credit card product in Brazil in an effort to compete with Mercado Libre and ramp up its fintech strategy in South America.
Upstart reported slipping revenues and forecasts that fell short of analysts' expectations. Girouard remains positive about their position.
When an emergency expense happens for a homeowner advances in embedded finance makes it easier for both the contractor and the homeowner
Mobility giant Uber kicks off its fintech business in Mexico, the latest move from the US company to ramp up financial services overseas.
AI GPT, is known for its "generative" attributes, but the transformer model underlying its evolution could make the biggest impact.
Lenders gravitate towards using artificial intelligence (AI), so they must be dedicated to removing biases from their models. Luckily there are tools to help them maximize returns and minimize risks.