The world is making new demands on business, and banking services are no exception. Fintech companies in particular have discovered...
The new digital assistant is launching inside the Bank of America mobile app next year and will be named Erica; the bank is looking for the tool to help customers better understand their spending habits and offers different ways to stay financially fit; Erica will use artificial intelligence and predictive analytics to help customers make payments, check balances, save money and pay down debt. Source
American Banker has put together a slideshow describing the various ways AI will change how banking is done; bank executives...
Orchard provides insight on monthly trends in P2P lending originations; uses Lending Club's publicly available standard program data for the analysis; finds October has historically been the peak month for P2P loan originations; identifies loan purpose trends for 2015 with debt consolidation notably highest in January; categories with peak lending originations in December in 2015 included major purchase, other and small business. Source
Over the last year, banks and venture capitalists have poured tens of millions of dollars into technology to fight financial...
Today was supposed to be the day that the Payroll Protection Program (PPP) rolled out at banks and fintech lenders...
Michael Lewis is a well known author, writing The Big Short, Moneyball and Liars Poker; Lewis is a great storyteller...
LendIt Fintech’s Fintech Women of the Year 2019 award finalists champion the causes of diversity, equality and education—and shout it from the...
Every year LendIt Fintech co-founder Peter Renton reflects on his yearly predictions and provides predictions for the following year; in...
UBS has been ramping up their use of robots to help reduce manual processes; the bank started at 50 in...