tificial Intelligence (AI) is changing the way financial institutions make decisions — especially when it comes to loan underwriting. Traditionally, human underwriters relied on credit scores, employment history, and income data to assess whether a borrower could repay a loan. But with AI-powered systems, the process is becoming faster, more data-driven, and in many cases,…
The financial landscape in Canada is undergoing a remarkable transformation. Over the last decade, the rise of Financial Technology (FinTech) lending platforms has disrupted traditional banking models and provided consumers and businesses with new ways to borrow money. From personal loans to business financing, Canadians now have access to a wider array of lending solutions…
Introduction In the last decade, Europe has been at the forefront of financial innovation, particularly in the field of open banking. Introduced under the European Union’s Revised Payment Services Directive (PSD2), open banking has fundamentally reshaped the way financial institutions and fintech companies operate. While much of the initial discussion around open banking focused on…