AIFinTech

SKU-level data expert and SME credit provider help Canadian businesses track spending and manage finances

Sensibill and CAARY Partner to Bring Robust Digital Finance Solution to Small and Medium-sized Enterprises TORONTO, ON–Sensibill, the leading provider of everyday financial tools and SKU-level insights, and CAARY, a new credit and financial platform for small and medium-sized enterprises (SMEs), announced a partnership. Together, the companies will offer a …

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AIIndustry NewsUnderwriting

Loans Issued via AI Underwriting to Reach USD315 Billion by 2025: Juniper Research

HAMPSHIRE, UK–A new study from Juniper Research has found that the value of unsecured loans issued via artificial intelligence (AI)-using underwriting platforms will grow by an astounding 1,200 percent over the next five years, from USD24 billion in 2020 to USD315 billion in 2025. This extraordinary growth will be driven, …

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AICybersecurity

Kount Introduces Industry’s First Complete Solution for Criminal, Friendly Fraud

BOISE, ID–Kount, the leader in AI-driven fraud prevention, today introduced the most comprehensive solution to protect digital businesses from criminal and friendly fraud. Kount’s Friendly Fraud Prevention Solution features Visa Merchant Purchase Inquiry (VMPI), a component of Visa’s Claim Resolutions process, which helps businesses save the sale, prevent chargebacks and …

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AIBusiness BankingEducation

Scotiabank Launches First Trusted Data & AI for Canadian Business Certification

TORONTO, ON–Scotiabank launched the first Trusted Data & AI for Canadian Business certification in Canada. In collaboration with Smith School of Business at Queen’s University, and the IEEE, the world’s largest technical professional organization advancing technology for humanity, the program is designed specifically for Scotiabank employees to develop foundational knowledge …

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AIBusiness Borrowing & Lending

LendingArch incorporates Artificial Intelligence

LendingArch incorporates Artificial Intelligence to aid in customer service and business management CALGARY, AB–LendingArch, Canada’s fastest growing rate comparison platform, announced today the investment into Artificial Intelligence to boost its productivity, efficiency and aid in the scalability of its business operations in North America. “We stay in touch with market …

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