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How Transaction Analytics Transform Lending Speed and Results

FICO

How can transaction analytics deliver a major competitive advantage in lending? This is the topic I will be discussing at the Gartner Data & Analytics conference May 9-11 in London. Transaction data can help increase the speed and accuracy of lending for banks. Transaction Analytics – Why Now? Here’s a preview.

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Top 6 Trends for the Banking Industry in 2024

Perficient

Banking institutions are responding by integrating advanced technologies, particularly artificial intelligence and data analytics, into their lending operations to enhance efficiency and adaptability. Explore and integrate alternative data sources and innovative scoring models to offer fairer assessments of creditworthiness.

Trends 221
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Judo Bank Adds InfraRisk Tech To Bolster SMB Lending

PYMNTS

Australia challenger bank Judo Bank has announced a collaboration with credit management Software-as-a-Service (SaaS) provider InfraRisk to bolster its small business lending operations. “InfraRisk is a leading FinTech innovator and Judo Bank is a challenger to traditional banks. . A press release issued on Sunday (Jan.

Lending 131
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Using digital lending helps to reach small businesses

Independent Banker

Digital lending capabilities are quickly becoming table stakes, particularly when it comes to small business lending. However, banks should first consider their customers’ needs and the infrastructure and features needed in a lending platform before adopting a new digital strategy. Benefits of digital lending.

Lending 91
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How Opening Bank Data Can Transform SMB Lending

PYMNTS

FinTechs continue to push the envelope to see how far open banking frameworks can go in improving the SMB banking experience, and increasingly, SMB lending is shifting to the center of these collaborative efforts. In the U.K., “Regulation around open banking has certainly been of great benefit to businesses in the U.K., ” The U.S.’s

Lending 233
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Investors Impressed By Mix Of AI And Analytics

PYMNTS

With more than $175 million raised for B2B startups this week, the undoubted winner was a California-based artificial intelligence data analytics company – a sign, the firm noted, of the enterprise’s increasing reliance on AI. Alternative Lending. Expense Management. Check out the latest investment rounds below.

Analytics 109
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Financial Inclusion Using Analytics

FICO

Financial Inclusion Using Analytics. The lending and financial services industry can provide that social good, as long as it's done in a way that is both responsible and fair. Financial inclusion also means investing in innovation. How can we use innovation to bring more people the financial resources they need?