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LatAm
·Aug. 3, 2023

Mercado Libre’s Q2 profits doubles on stronger sales, fintech revenue

Mercado Libre booked $262 million in profits, up 113% year over year amid strong e-commerce tailwinds and a growing fintech business.
Read Full Story
paypal
Payments
·Aug. 3, 2023

PayPal Q2 Earnings Disappoint – Hope lies in AI

PayPal embarked on its Q2 2023 earnings call yesterday. Schulman highlighted, proprietary AI integration could drive future growth.
Read Full Story
artificial intelligence
·Aug. 3, 2023

Enhance Your Financial Institution Roadmap with Artificial Intelligence

A recent book by McKinsey executives details the way to do digital and AI transformation. They enable and augment an existing strategy
Read Full Story
Lending
·Aug. 3, 2023

New SBA Lending Rules Are Only a Start

The SBA is making updates to its lending program opening the door for fintechs. But much more needs to be done.
Read Full Story
block
News
·Aug. 4, 2023

Block beats forecasts, sights turn to Afterpay and Bitcoin

In Block's Q2 2023 earnings call it showed a positive trajectory despite the economic climate. Afterpay and Bitcoin hardware form next steps.
Read Full Story
Image by Janine Bolon from Pixabay
artificial intelligence
·Aug. 7, 2023

Bias in AI: What to watch for and how to prevent it

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.
Read Full Story
digital brain
artificial intelligence
·Aug. 7, 2023

How GPT’s “T” can improve access to credit

AI GPT, is known for its "generative" attributes, but the transformer model underlying its evolution could make the biggest impact.
Read Full Story
LatAm
·Aug. 8, 2023

With its new license, Uber ramps up its fintech business in Mexico

Mobility giant Uber kicks off its fintech business in Mexico, the latest move from the US company to ramp up financial services overseas.
Read Full Story
Embedded Finance
·Aug. 9, 2023

How Embedded Financing is Transforming the Home Improvement Industry

When an emergency expense happens for a homeowner advances in embedded finance makes it easier for both the contractor and the homeowner
Read Full Story
upstart
Lending
·Aug. 9, 2023

Upstart earnings slip Girouard looks to long-term success

Upstart reported slipping revenues and forecasts that fell short of analysts' expectations. Girouard remains positive about their position.
Read Full Story
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