Fraud is a significant challenge for lenders, impacting both operational efficiency and financial stability. Legacy methods for detecting fraud are proving to be inadequate in the face of new techniques, so AI-powered detection is needed.
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Mexican fintechs Klar and Konfio tap $100 million credit lines from U.S. firms to boost lending in the country.
BNPL providers should consider the FTC's suggestion to "conduct a compliance check," including reviewing their policies and procedures.
ODX, LLC and Fundation announced today they will merge to become Linear Financial Technologies. Linear provides loan origination, account opening...
Funding Circle has been approved by the SBA for one of three new licenses for its hallmark 7(a) small business lending program, the only fintech to be approved.
Researchers from the University of Texas published a study Tuesday morning that claims fintech lenders who participated in the Paycheck Protection Program dropped the ball on underwriting.
How and when should lenders modernize? Here are five key areas where lenders should consider accelerating their modernization methods
A warmer embrace of open data could solve America’s small business credit crunch, a new Codat report suggests. That is one finding from America’s SmallBusiness Credit Opportunity, a report conducted with polling from YouGov.
Gone are the days of selecting your bank because it’s nearby; now, small businesses want to bank with someone who understands them and has the digital products they are looking for.
Better have launched the Equity Unlocker, allowing employees to use vested equity as collateral for mortgages.