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Bank services provider Bluevine is seeing improved customer experience and efficiency through deployment of AI. Chief Product Officer Herman Man told FinAi News Bluevine uses AI to provide its small and medium-sized business clients with: Fraud monitoring; Software development; Customer assistance and servicing; and Aiding the underwriting process. “We’re…
Read more Bluevine’s AI chatbot resolves 80% of customer queriesFinastra is looking to help its bank clients streamline their mortgage lending processes with AI with multiple lending solutions. The London-based fintech has launched multiple AI-driven solutions including Loan IQ and LaserPro and is seeing banks gain efficiencies with its offerings, Andrew Bateman, executive vice president at Finastra’s lending business unit,…
Read more Finastra’s AI solution saves 2 hours on each loan closureFinastra is looking to help its bank clients streamline their mortgage lending processes with AI with multiple lending solutions. The London-based fintech has launched multiple AI-driven solutions including Loan IQ and LaserPro and is seeing banks gain efficiencies with its offerings, Andrew Bateman, executive vice president at Finastra’s lending business unit,…
Read more Finastra’s AI-powed solution saves 2 hours on each loan closurePublicly traded fintech Enova International (NYSE: ENVA) said today it has agreed to acquire Grasshopper Bancorp and subsidiary Grasshopper Bank in a cash-and-stock deal valued at about $369…
Read more Fintech Enova International to acquire digital-first Grasshopper Bank for $369MThat’s the reality that Lukas Haffer, chief executive of AI-native loan origination provider Casca, tells FinAi News on this episode of “The Buzz” podcast. For small business owners,…
Read more Podcast: Casca CEO Lukas Haffer on opportunities for AI in small business lendingU.S. Bank is expanding its small business offerings with launches of two embedded solutions this month. On Sept. 4, the $673 billion bank announced the following offerings for…
Read more Transactions: U.S. Bank embeds new SMB offeringsU.S. Bank is expanding its small business offerings with launches of two embedded solutions this month. On Sept. 4, the $673 billion bank announced the following offerings for…
Read more Transactions: U.S. Bank embeds new SMB offeringsChase for Business is innovating to meet the evolving needs of its small- to medium-sized business clients, John Frerichs, head of global SMB payments at JPMorgan Chase, told…
Read more 5 questions with … John Frerichs of JPMorgan ChaseJPMorgan Chase is providing its Customer Insights tool to nearly 5 million small business clients, offering data and analytics for business decisioning. “Customer Insights anonymizes the information,…
Read more Chase launches Customer Insights tool for 5M SMB clientsAs JPMorgan Chase leans into AI-driven products, Jameson Troutman, head of product for small business, is dedicated to innovating based on client need. To determine where to invest,…
Read more 5 questions with … JPMorgan Chase Head of Product for Small Business TroutmanU.S. Bank is developing AI and automation-driven solutions to improve productivity for its small and medium-sized business clients. Nearly 71% of U.S.-based SMBs think that digital solutions including…
Read more U.S. Bank developing AI tools to meet SMB demandsTD Bank has been investing in innovation through patent filings, AI and generative AI efforts in recent months. As the bank invests in technology internally, its innovation with…
Read more TD accepting applications for 2024 TD Ready Challenge | Bank Automation NewsJPMorgan Chase will expand the accessibility of its data-driven business intelligence platform, Chase Customer Insights, to meet the demands of business clients. “Customer Insights is currently available to…
Read more Chase Customer Insights tool expanding for businesses | Bank Automation NewsManaging cash flow, tapping into data-driven insights and accessing capital: Small businesses are looking to their bank partners to provide digital solutions to streamline access to data, insights…
Read more Banks are setting SMBs up for success with new tech | Bank Automation NewsPayments behemoth Mastercard this year plans to launch a generative AI tool that will cater to businesses. Entrepreneurs looking to start a business or organize operations will be…
Read more Mastercard developing gen AI tool | Bank Automation NewsWhen considering credit underwriting for small- and medium-sized businesses, satellite heat mapping and detailed traffic patterns may not be the first data points that come to mind. Yet…
Read more Global Startup Podcast: Toronto | Bank Automation NewsKeeping up with expenses can be difficult for small- and medium-sized businesses, which may not always have cash on hand or ready access to capital. Paris-based fintech Defacto…
Read more Global Startup Cities Podcast: Paris | Bank Automation NewsSeattle Bank has teamed up with two fintechs to beef up its digital loan offerings within point-of-sale consumer loans and small- to medium-size business loans. The $781 million,…
Read more Seattle Bank enhances digital loan offerings for SMBs | Bank Automation NewsThe fintech arms race over the past several years has created a new series of winners and losers in the ever-increasing fintech industry. Namely, third-party providers have been…
Read more The key to relationship building: Coupling embedded payments with data | Bank Automation NewsSmall- and medium-sized businesses (SMBs) must navigate several challenges during their first years in business. Understanding the needs of SMBs is critical, as more than 50% of small…
Read more Listen: How a neobank keeps SMBs afloat | Bank Automation News
