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The lawsuit against Navy Federal has financial institutions revisiting their fair lending practices and considering how AI fits in.
LendIt Fintech has teamed up with leading fintech firm Amount to put together a survey asking banks and fintechs about launching a BNPL credit product.
In this conversation, we chat with Adam Hughes – the Chief Executive Officer at Amount, a technology company focused on accelerating the world’s transition to digital financial services via its digital retail banking platform, world-class digital authentication & fraud prevention tools, and ecommerce point-of-sale financing technology.
More specifically, we touch on digital lending industry Buy Now Pay Later (BNPL), as well as the trends of working with large banks and enabling their digital transformation to access some of these themes as part of embedded finance and banking-as-a-service.