Lending stories
The funding will help reduce days-long checks for lenders and payments firms onboarding small businesses, as manual reviews still slow approvals.
The new system could cut document automation setup from months to minutes for firms facing heavy paperwork and limited technical resources.
Australian consumers unsure about sharing bank data now have a plain-language guide as PocketSmith expands its use of consented open banking feeds.
Merchants could soon get payments, loyalty, lending and checkout tools from one supplier as firms chase fuller control of commerce.
Banks could use the new platform to cut frontline bottlenecks, as Backbase says 80% of such work happens in disconnected system gaps.
The deal gives lenders round-the-clock voice automation in more than 100 languages, aiming to cut costs and improve compliance in collections.
Banks could speed compliance checks and loan approvals as the new software automates alerts and underwriting while keeping audit trails intact.
The UK fintech aims to speed customer checks in new markets while tightening controls on financial crime and fraud.
The rollout gives Questbank the core banking system it needs to begin offering deposits and mortgages to Canadian customers under OSFI rules.
The shortlist comes as the sector weighs new rules on payments, scams and data rights, with 160 finalists vying across 22 categories.
Fresh capital will help the fintech widen lending and banking services in the Philippines, where many consumers remain underbanked.
More Japanese institutions now see crypto as a diversification tool, though volatility, fraud risks and regulatory gaps still curb wider adoption.
Banks face tighter proof demands under the EU AI Act as Ataccama adds pipeline checks to log data quality at the point of use.
Small firms and mortgage seekers could gain faster access to credit as the regulator widens permissioned data sharing beyond open banking.
The appointment comes as Australia’s fintech sector pushes for rules that could lift its economic contribution from $13.6 billion to $38 billion by 2035.
Financial institutions could cut manual checks as a Fujifilm-DoxAI tool scans identity and income records for fraud in New Zealand.
The move comes as lenders seek digital alternatives to legacy collections systems in a UK market handling more than GBP £60 billion of consumer debt.
Borrowers could soon compare mortgage offers in one place as the Auckland fintech targets a mid-year launch after years of testing.
New Zealand revenue nearly doubled as the fintech’s annual profit before tax climbed 57% to USD $2.3 billion on wider customer use.
Revolut posts record 2025 results as Australian users shift from travel spending to everyday banking, driving surging local profits.