By using artificial intelligence to surface patterns in a potential borrower’s transaction data and make forward projections, banks like Westpac can make better lending decisions, faster. Australian “Big Four” bank Westpac has partnered with fintech Rich Data Co to supercharge its bankers’ abilities to provide credit to businesses. RDC’s tools comprehensively analyze a loan applicant’s […]
Tag: loans
Nova Credit’s software integrates and standardizes international credit data, which ultimately reduces the effort and cost for lenders to serve these customers. San Francisco-based fintech Nova Credit just received permission from the Financial Conduct Authority to operate in the UK. Immigrants are often “credit invisible” because different countries have very different credit reporting systems, […]