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Open Banking Helps Fast Track AI-Driven Lending, Says Nucleus Finance CEO

Open Banking Helps Fast Track AI-Driven Lending, Says Nucleus Finance CEO
Open Banking Helps Fast Track AI-Driven Lending, Says Nucleus Finance CEO
April 18, 2023  |  Artificial Intelligence

When it comes to artificial intelligence (AI)-driven credit decision-making, Chirag Shah, founder and CEO at U.K. FinTech lender Nucleus Commercial Finance, is of the view...

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Bank of England Hints at Limits on Stablecoin Payments  
Bank of England Hints at Limits on Stablecoin Payments  
April 17, 2023  |  Cryptocurrency

Rattled by the collapse of Silicon Valley Bank, the crypto winter of 2022, and unnerved at the prospect of crypto assets being widely used as...

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Asda and Wayve Team to Test UK Driverless Grocery Delivery
Asda and Wayve Team to Test UK Driverless Grocery Delivery
April 17, 2023  |  Retail

Asda has launched what it calls the U.K’s largest driverless grocery delivery trial. Get the Full Story Complete the form to unlock this article and enjoy...

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Floodlight Raises $6.4 Million for ‘Smart Business Account for eCommerce’
Floodlight Raises $6.4 Million for ‘Smart Business Account for eCommerce’
April 17, 2023  |  Investments

Floodlight has raised $6.4 million in a seed round to expand its “smart business account for eCommerce.” Get the Full Story Complete the form to...

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THG Reportedly Receives Acquisition Proposal From Apollo Global Management
THG Reportedly Receives Acquisition Proposal From Apollo Global Management
April 17, 2023  |  Retail

THG has reportedly received a non-binding acquisition proposal from Apollo Global Management. Get the Full Story Complete the form to unlock this article and enjoy...

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Women and Millennials Lead UK’s Digital Shopping Transformation
Women and Millennials Lead UK’s Digital Shopping Transformation
April 14, 2023  |  Merchant Innovation

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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UK Small Business Adoption of Open Banking Surges, Surpassing Consumer Use
UK Small Business Adoption of Open Banking Surges, Surpassing Consumer Use
April 12, 2023  |  Banking

As of January this year, about 10% of U.K.’s population is using open banking services. The number of active users crossed the 7 million mark around the...

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UK Considers Speedier Depositor Payouts and Other Deposit Protections
UK Considers Speedier Depositor Payouts and Other Deposit Protections
April 12, 2023  |  Banking

The United Kingdom is considering changes around deposit insurance, especially in smaller banks. Get the Full Story Complete the form to unlock this article and...

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