90% of Varo lending decisions derived through cash flow underwriting
NEW YORK — Varo Bank is upgrading its underwriting systems to develop deeper customer relationships and grow. The $486 million...
Klarna’s IPO gives fintechs a boost
Buy now, pay later service provider Klarna made its debut on the public market today, which could encourage other fintechs...
Gen AI return on investment ‘not that great,’ credit union CTO says
NEW YORK — Financial institutions are diving headfirst into gen AI but University of Michigan Credit Union hasn’t seen much...
Michigan credit union leans into AI to streamline loan originations
NEW YORK – University of Michigan Credit Union is building an AI-driven loan origination system to speed the loan application...
Private equity AI use cases emerge
AI is expected to touch all verticals within financial services, including private equity. There are emerging uses of AI in...
Green Dot CTO: AI funnels users to cloud services
The financial services industry is adopting artificial intelligence rapidly, propelling it further into the sphere of cloud-service providers. No longer...
ING lists 4 gen AI use cases
ING Bank is developing and deploying generative AI solutions within most areas of its business to streamline consumer and backend...
5 questions with … Green Dot CTO Dave Harden
Green Dot is leaning on tech innovation while keeping a close eye on evolving regulations. The $4.8 billion entity has...
Global fintech funding: Crypto fintech Mesh gains funding through stablecoin
While fintech funding remains under the highs of 2020 and 2021, crypto companies were able to raise money in the...
Nvidia sees agentic AI adoption hindered by computing capacity
Chip-design giant Nvidia is seeing high demand for its graphics processing units amid rising adoption of agentic AI. The demand...
