Lending stories
Finance teams could spot suspicious invoices earlier as Sage Intacct gains AI fraud checks, alongside new billing and reporting tools.
The funding will help the Mumbai-based lender software maker push AI across collections and lending workflows for banks and NBFCs.
Visa's stablecoin push highlights a payments split that could keep card networks central even as digital tokens gain ground in settlements.
US small businesses can now access grant matching and trading links as Tenet rolls out Cubeler Business Hub beyond its Canadian base.
Banks and other financial firms are under more pressure from AI-assisted identity fraud, but they outscore peers on detection and audit evidence.
Mortgage lenders could soon automate file checks more quickly as SlateWorks' award-winning AI targets compliance-heavy reviews still done manually.
Rapid digital adoption and tighter regulatory frameworks are turning the region into a proving ground for new financial services models.
New transparency rules will force customer-facing AI tools to disclose themselves, while banks and SMBs face tougher oversight of models and data.
Credit unions face rising pressure to modernise service and cut manual work, with AI now moving into lending, collections and contact centres.
It gives TBC Bank a profitable online marketplace in Uzbekistan, reaching 5 million monthly users and opening new payment and lending opportunities.
The tools have already started 150 loan applications and delivered a 17.7% conversion rate, giving the credit union new visibility into lending demand.
The funding will help Axle expand beyond 50 insurance segments as businesses seek faster verification and fewer manual checks.
Community banks and credit unions are being urged to use AI across the customer journey to speed replies, cut calls and satisfy regulators.
Poorly prepared borrowing is forcing many US small business owners to lean on personal credit, with 75% doing so last year.
The Grantham-based affordability technology provider is expanding beyond its Embark platform as it targets more clients and stronger customer support.
Unsecured borrowers in New Zealand are under mounting strain as Experian flags a rise in personal loan arrears to a three-year peak.
More than 90 credit union and community bank executives will discuss economy, AI and growth at Eltropy's invitation-only summit in Monterey.
Australia-based customers will soon get savings accounts and a credit card as Revolut commits nearly AUD $400 million to its local banking push.
Backers including clients boosted the bank software provider's war chest to fund AI, payments and lending development as valuation hit USD $1.6 billion.
Household finances are under growing strain as more Australians dip into savings, cut discretionary spending and lean on credit for essentials.
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