Fintech Can’t Stop the Coronavirus, But It Can Help Contain It – Here’s How.
It’s a notorious fact that markets hate uncertainty. Right now, the main source of uncertainty is the novel coronavirus (alias Covid-19), which has infected an estimated 122,000 people worldwide and resulted in the deaths of about 4,300 — for a mortality rate of around 3.4%, according to the World Health Organization. That’s sobering news, and […]
How Machine Learning is Used in the Lending Industry
Together, artificial intelligence, machine learning, and deep neural networks are a boon to businesses awash in data. Machine learning has flipped the script on traditional lending, allowing for more accurate and faster decisions by shifting traditional decision-making from analysis of individuals to analysis of trends and patterns. The result for lenders? More repeat business, and […]
Retailers Face Choices When It Comes to Point of Sale Lending
In outline, POS installment loans harken back to the store-credit and “layaway” plans that householders commonly used to fund big and not-so-big purchases in the 1950s and 1960s. Unsecured lending is booming, with point-of-sale, or POS, installment-financing at the forefront of this retail revolution. In turn, POS financing — which comprises a market worth more […]
TurnKey Lender 2019 Year In Review: Achievements, Recognition, Events, and the Best AI Software in the Industry.
TurnKey Lender’s Elena Ionenko and Dmitry Voronenko on 2018 SBR’s 20 Hottest Startups Briefing
The annual Singapore Business Review’s 20 Hottest Startups Panel Briefing is one of the most representative and influential business gatherings in Asia.
