Affirm's earnings were fantastic. This continued the trend of publicly traded fintech companies breaking records for revenue and profitability.
Affirm produced a solid earnings report with 48% revenue growth and the company now has more than 17 million active customers
Nontraditional data is relevant across Africa as credit bureaus don't have the historical depth their Western counterparts enjoy.
Agora Data helps any size of auto dealer compete with the big corporations by providing affordable financing at more reasonable rates.
'The real power is that AI can actually predict or detect patterns of behavior and suspicious activity that would take a lot longer for traditional methods to uncover.'
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Artificial Intelligence (AI) will foster the most change of any technology Ravi Subramanian has seen in his 25 years in finance because it allows visionaries to dream big.
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If AI is properly deployed, it improves credit unions’ fraud decisioning capabilities, Provenir’s EVP for North America Kathy Stares believes.
Artificial Intelligence (AI) is becoming ever more integrated into the financial services sector, but how much further can it continue? Data, computing and social acceptance are some of the many reasons why its growth is being restricted.
The increased use of AI in financial services is inevitable, but for it to fully flourish, many issues must be addressed, including legal, educational and technological ones. As they get resolved, several factors will still increase use in the interim.
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Fintech firms should be using AI and LLMs today. Here is some advice on how to get the most out of these new technologies.