Tuesday, the b2b2 SaaS provider Provenir introduced Provenir AI, a no-code AI credit risk underwriting platform. The release came just days after a Provenir published a study that showed most fintechs or fin services were not confident with their current underwriting models.
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Lending Club had another outstanding month in July reaching $20.6 million in new loans, the seventh time in eight months...
The VC and startup community are tentatively settling into an optimistic action plan after SVBs failure. SVB Capital is still on the table.
Companies that are slow to incorporate alternative data into their R&D, marketing, investment, risk analysis, and other key processes expose themselves to extreme opportunity loss at best and operational peril at worst.
Providing real-time payments solutions fpr payroll becomes harder in a global economy, but Nium is up to the task, CPO Robin Gandhi said. A fintech veteran, Gandhi served in several roles with Adyen before moving on to corporate travel solutions.
At a time when improving credit accessibility is critical, Pave launches Fuse, facilitating more accurate credit decisions for businesses.
As the digital asset market has matured, incumbents are starting to take notice. Citi announced a partnership with METACO to establish digital asset capabilities.
As more applications turn digital, the threat of hacks become ever present. Crypto has become a weak point for theft.
Amazon's deal with Venmo has the potential to set a new standard for payment tenders in general, and other brands are likely to follow in its footsteps.
QED raised $1B in funding to back fintech startups. Partner Mike Packer talked to Fintech Nexus to discuss its impact on Latin America.