Fintech News
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103How AI Is Revolutionising Financial Decision-Making
Morgan Stanley’s wealth management division manages $4.5 trillion in client assets. In 2023, the firm deployed an AI assistant built on OpenAI’s...
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97
The Role of Predictive Analytics in Fintech
Square Loans does not ask small business owners to submit financial statements. It does not request tax returns. It does not run...
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82
How AI Improves Financial Customer Experience
Lemonade, the insurance company, paid a claim in three seconds. A customer filed a claim through the app, Lemonade’s AI reviewed the...
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106
Why Data-Driven Finance Is the Future
Ant Group’s credit scoring system, Zhima Credit, evaluates over 3,000 variables per user to determine creditworthiness. The system scores more than a...
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126
The Impact of AI on Financial Automation
HSBC processes over 1.3 million anti-money laundering alerts annually. Before deploying AI, each alert required a human compliance analyst to review the...
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102
How AI Platforms Are Transforming Banking
In September 2023, Goldman Sachs quietly disclosed that it had deployed an internal AI platform capable of generating code, summarising documents, and...
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106
Why AI Is Becoming Core Fintech Infrastructure
Stripe processes payments for millions of businesses across 195 countries. When a customer in Tokyo buys a product from a merchant in...
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121
How Machine Learning Is Changing Credit Risk Assessment
In 2019, the Federal Reserve Bank of Philadelphia published a study comparing machine learning credit models against traditional logistic regression models used...
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99
The Future of AI-Powered Financial Services
OpenAI’s ChatGPT reached 100 million monthly active users in January 2023, two months after its launch. Within weeks, every major financial institution...
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98
Why Data Intelligence Matters in Fintech
Plaid connects over 12,000 financial institutions to more than 8,000 fintech applications. When a customer links their bank account to Venmo, Robinhood,...
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107
How AI Is Driving Financial Innovation
In 2017, Lemonade launched with a proposition that sounded impossible: homeowners insurance that could be purchased in 90 seconds and claims that...
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114
The Next Generation of AI-Powered Fintech Platforms
Harvey, a legal AI startup focused on financial services contracts, raised $80 million in its Series B in early 2024 at a...
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197
Why Venture Capital Is Driving Fintech Innovation
In January 2021, Stripe raised $600 million at a $95 billion valuation, making it the most valuable private company in the United...
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180
How Fintech Startups Attract Investment
In 2013, David Vélez spent two weeks trying to open a bank account in São Paulo. The process required multiple branch visits,...
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189
The Growth of Global Fintech Venture Funding
On November 3, 2020, Chinese regulators suspended Ant Group’s dual listing in Shanghai and Hong Kong, two days before what would have...
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183
Why Investors Are Interested in Fintech Infrastructure
In January 2020, Visa announced it would acquire Plaid for $5.3 billion. Plaid, a company that most consumers had never heard of,...
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162
How Fintech Founders Build Scalable Companies
In 2010, Patrick Collison was 21 years old, living in Palo Alto, and frustrated by how difficult it was to accept payments...
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182
The Role of Venture Capital in Fintech Growth
In 2011, Sequoia Capital invested $2 million in Stripe’s seed round at a valuation of roughly $20 million. By 2024, that stake...
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157
Why Fintech Startups Are Attracting Global Investors
In 2021, Tiger Global Management made 328 investments across all sectors, roughly one deal every 26 hours. A significant portion went to...
