IF Insight: Banks embrace AI amid slow-moving regulation
Banks have sharply increased their recruitment of AI risk and ethics experts, with responsible AI hiring jumping 41% last year...
Tag : lending
Start-up of the Week: Introducing Avenue One, redefining real estate investment in US
Avenue One and its expert renovations team have become a known name in optimising rental properties, by partnering with local contractors to improve the quality of homes in their communities...
Start-up of the Week: Bloqhouse & the ‘all-in-one software solutions’ for investment industry
Bloqhouse's software solutions are handling over 1.4 billion euro under their administration, apart from funding more than 460 investment projects to date...
Why do American banks collapse?
Banks are exposed to a range of risks, including credit risk, market risk and liquidity risk...
Absa Bank Kenya to roll out 60 tech projects for Sh1.6 bn
The 60 new technology projects will be aimed at improving customer experiences...
UK banks stall lending in commercial real estate
Rising fears in default payments have forced the banks to take a step back in their loan provisions...
Okolea International restructures loans for 40,000 clients
Clients can receive up to Sh1 mn loans instantly into their banks accounts using the app...
GoBear acquires AsiaKredit to increase credit access in Southeast Asia
GoBear will introduce lending as a service to partners and enable them to offer loans to underserved consumers in the region...
UK banks expect rise in demand for credit card borrowing
The Bank of England predicts credit card borrowing by households will increase by 14.3 percent over next three month...
China’s big banks benefit from better margins as slowdown looms
The country’s biggest banks posted stable earnings growth in the second quarter, boosted by tighter liquidity even as the broader sector struggled with government policies...