When it comes to artificial intelligence (AI)-driven credit decision-making, Chirag Shah, founder and CEO at U.K. FinTech lender Nucleus Commercial Finance, is of the view that it’s all about data. “Most lenders right now have gathered substantial amounts of data in a form that can...
Equals Group is set to acquire Roqqet in a deal subject to regulatory approval. In a press release announcing the acquisition Monday (Nov. 28), the U.K.-based FinTech Equals said the purchase of the open banking payments firm will enable it to offer its merchant customers...
In Europe, open banking is associated with a wave of open application programming interfaces (APIs) rolled out by banks that allow authorized third parties to access account data and initiate payments. But in Africa, while similar initiatives are certainly gaining traction, open banking APIs are...
In today’s FinTech news, Affirm said its data analytics are a central component in knowing who will pay. Meanwhile, PayCargo is helping logistics firms on land, sea, and air manage digital payments. Plus, Mastercard is helping open banking startups scale. Affirm: Smart Data Provides Edge...
March 19, 2024
Conventional wisdom might hold that the great digital shift has shaken up banking, spurring financial institutions to innovate and push new offerings through digital channels. Tom Priore, CEO of Priority Technology Holdings, told PYMNTS that not much has changed, at least for now. But the rise of open banking can and will foster a spirit of […]
April 18, 2023
When it comes to artificial intelligence (AI)-driven credit decision-making, Chirag Shah, founder and CEO at U.K. FinTech lender Nucleus Commercial Finance, is of the view that it’s all about data....
November 28, 2022
Equals Group is set to acquire Roqqet in a deal subject to regulatory approval. In a press release announcing the acquisition Monday (Nov. 28), the U.K.-based FinTech Equals said the purchase of the open banking payments firm will enable it to offer its merchant customers the ability to accept account-to-account (A2A) payments. It added that […]
