Creditas aims to reach breakeven in 2023. It has reduced losses for five straight quarters and is repricing the portfolio with higher rates.
Ternary's AI-enhanced capabilities allow it to go beyond basic recommendations. It's a "more sophisticated way of helping companies understand what they can do amidst all of these moving parts to make their spend efficient."
The rise of eCommerce has revolutionized global trade but also brought challenges that threaten to undermine the trust.
Grasshopper, which relaunched a year ago and reported significant growth in 2022, will use MANTL’s completely digital commercial deposit origination process to create a more-favorable customer experience.
Hindenburg's tale of fraud and manipulation has dirtied Dorsey's rose-tinted vision of economic empowerment.
Trends in fintech are ever-evolving. The year 2023 will be no different regarding the software and programs used and being developed to deliver financial services.
The good news this week is that we had no more bank failures in this country. While a buyer was found for Signature Bank (most of it anyway) the fate of First Republic still hangs in the balance.
First Citizens Bank has acquired part of the failed SVB, announced the FDIC yesterday.
Embedded finance and its supporting technology have matured to make save now, buy later (SNBL) a winning option.
According to the authorization announcement, the new payment institution of Pomelo will be headquartered in São Paulo.