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Flowcast Introduces Tilfull For SMB Credit Risk Modeling

PYMNTS

Artificial intelligence (AI) credit risk model provider Flowcast has unveiled the Tillful platform that provides quick, complimentary and transparent credit scores in addition to access to credit offers, according to a Wednesday (Oct. 14) announcement. small- and medium-sized businesses (SMBs). "In

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Deep Dive: Digital-First Banks Harness The Power Of Data Analytics

PYMNTS

Every interaction tells banks what customers actually want, meaning FIs just need the right tools to interpret this data. One of the most powerful tools in the financial sector is data analytics. Big Data analytics reached a market valuation of $29.87 What is Data Analytics? Data Analytics Behind the Scenes.

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Top 8 AI Uses in Finance Embraced by FP&A Leaders

The Finance Weekly

AI integration in their FP&A function brings various positive outcomes: AI algorithms boost efficiency by swiftly handling large amounts of financial data, reducing the , risk of errors , and enhancing data integrity. Advanced AI solutions offer real-time analysis during data entry.

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FinTech Jeff Aims To Boost Lending To The Underbanked In South Asia

PYMNTS

With no credit scores, limited financial transaction histories, and a huge amount of people who don’t even have a bank account, lending money in Vietnam is no simple task. So we're not talking about even some primitive APIs, it's the stone age, manual data exchange.”. “Our

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What Smart, Conversational AI Adds To Credit Scoring

PYMNTS

Thin-file credit applicants could go through a fairly painstaking process to build credit with low-value cards, but that wasn’t a good answer for him. We enable the consumer to supply relevant financial data to us about their circumstances.

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How AI Improves Enterprise Risk Management (ERM)

The Finance Weekly

For example, it manages borrower’s credit data and spots early financial signs. This helps lenders proactively tackle credit risks. Also, AI's predictive analysis forecasts borrower defaults and risk levels using data.

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MarketInvoice Adds Invoice Insurance Via Euler Hermes

PYMNTS

lender is now offering its small business (SMB) borrowers credit insurance policies provided by Euler Hermes to protect themselves against the risk of non-payment of an invoice should their customer become insolvent or fail to pay. Reports Thursday (Feb. 8) said the U.K.