Credit risk stories
Banks can now use Google's new AI tools for regulated research and risk work, with audit trails and controlled data access in preview.
Small business borrowers could get approvals in minutes as the platform cuts manual checks for banks and lenders processing applications.
Households could benefit from payment plans that match irregular incomes, as energy suppliers seek to curb rising arrears and debt.
The fintech is using its 80 million customers' data to sharpen fraud checks and lending decisions as banks race to build their own AI tools.
Borrowers with thin credit files could be easier to score as FICO clients gain access to Credolab's behavioural risk and fraud tools.
Local firms will gain access to more than 650 million overseas company records for trade, credit and supply-chain checks from 9 September.
The funding will help the Mumbai-based lender software maker push AI across collections and lending workflows for banks and NBFCs.
Fresh capital will help Vertical Aviation refinance bank debt and fund aircraft buys as private credit gains ground in Australian lending.
The enlarged team is meant to reassure lenders and investors as standby servicing becomes a bigger part of risk planning for loan portfolios.
Nearly 150 lenders will soon be able to add PSQ Payments inside their existing loan systems, widening PublicSquare's reach beyond direct sales.
Rising debt burdens and weaker repayment rates are increasing pressure on households, with average active balances hitting a record GBP £1,975.
The award highlights how predictive analytics is helping M&T Bank spot credit risks earlier and cut alert noise for commercial lenders.
Eligible Australians can now borrow against cryptocurrency without selling it, as the product sits under the country's consumer credit rules.
Higher costs and weaker consumer spending have pushed Australia's hospitality sector into its worst strain in years, with arrears at record highs.
The US lender's move gives it a bigger foothold in India's fast-growing non-bank finance market as Jio Credit seeks fresh capital.
AI-made fake payslips and deepfakes are exposing lenders that still rely on fragmented mortgage checks, experts warn.
The approval lets the lender refer unsuitable applicants to selected rivals, widening access to borrowing and sharpening its focus on affordability.
Lenders can now spot synthetic fraud earlier, with combined identity and cashflow checks available in milliseconds before bank authentication.
Real-time financial data could help operators curb churn, sharpen affordability checks and lift margins as acquisition costs climb.
Sensitive credit-card data will be protected in LXMQ's platform as the fintech tests Privaclave AI before a wider consumer launch.
