Lending stories
Celonis argues frontier AI models are too generic for regulated banking, urging firms to weigh cost, risk and process gains before scaling deployments.
Banks are broadening use of RDC.AI's software as the Australian-founded group reports more than 120 per cent growth in existing customers.
The funding will help the Hong Kong-based fintech expand lending to online merchants across Asia and the US as demand for trade finance grows.
Regulated lenders gain software that keeps sensitive data in-house as the Abu Dhabi-based group expands after a USD $13 million round.
The real risk is not sentient machines but systems that can shape loans, jobs and treatments before humans can meaningfully intervene.
The awards highlight how insurers, agencies and police are using process software to cut delays, clear backlogs and save staff time.
Conditional approval from US regulators brings Revolut closer to offering loans, cards and FDIC-insured deposits to American customers by 2027.
Banks could use the new platform to automate routine tasks and speed decisions, but only within strict guardrails and audit trails.
Verified records can sharpen lending, fraud and compliance decisions, while enrichment on faulty customer data can simply scale the errors.
Institutional traders will be able to move US dollar funds instantly at any time, as the tie-up aims to remove banking cut-off delays.
Backing for Indonesia's digital payments push gives 01F Group a foothold in a market that could reach USD $1 trillion by 2030.
Lenders using HES LoanBox and CollectionAgent will gain more repayment and payout options through a single integration, reducing friction for borrowers.
Human oversight will stay in place for DCB Bank's highest-risk AI decisions as the lender pushes automation to speed up SME services.
The move comes as banks and fintechs shape the next phase of Open Banking, with over 100 billion API calls underscoring the stakes.
Banks and insurers in India may cut transcription errors on EMI amounts and policy numbers as a multilingual model targets noisy calls.
The bank still needs final regulatory clearance before it can open and offer lending, deposits and stablecoin infrastructure to businesses.
Institutional crypto clients could soon settle US dollars around the clock as SoFi ties its banking network to Kraken and lists SoFiUSD on the exchange.
Five Indian financial firms will get free support to shift AI pilots into live customer-service systems under a new Blue Machines AI programme.
More than 90 credit union and community bank leaders weighed AI's efficiency gains against fraud and service risks at Eltropy's summit.
Most financial firms using AI still lack proper risk checks, prompting fresh guidance as regulators warn oversight is lagging.
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