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RadCred added an expanded soft-pull pre-qualification flow to its online loan marketplace.
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The offering is meant to meet the needs of borrowers who have poor credit scores, the company said in a Friday (July 25) press release.
The solution uses a soft credit check; shows only state- or tribal-licensed direct lenders that can legally lend to the borrower; and provides...
The White House released a policy roadmap detailing President Donald Trump’s strategy to maintain U.S. leadership in the global artificial intelligence (AI) race. The plan emphasizes deregulation, infrastructure development, tighter export controls and freedom of speech for chatbots.
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Among its stipulations, the “America’s AI Action Plan” mandates that AI systems are...
American businesses are reportedly absorbing most of the cost of new U.S. tariffs.
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In recent earnings reports, General Motors said it paid $1 billion in tariffs in the second quarter, Stellantis said it paid $350 million and Hasbro said it expects to pay $60 million during the full fiscal year, The Wall Street Journal (WSJ) reported Thursday (July 24).
Last month, Nike...
Google is rolling out an experimental new feature that will organize traditional search results using artificial intelligence.
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It’s the latest strategy by the company to protect its most profitable business from AI chatbots.
Called Web Guide, the feature will group classic search results by topic, instead of merely presenting a jumble of links, according to a Thursday (...
As small businesses navigate an uncertain macro environment, they’re turning to nonbank lenders to gain access to capital.
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FinTech Enova on Thursday (July 24) reported earnings indicating that consumers, too, particularly those in the non-prime designations, are moving to the platform model for funds.
At a high level, the results may bode well for originations momentum...
Digital asset platform OSL Group secured $300 million in an equity financing round to accelerate its global expansion.
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The Hong Kong-based, listed and licensed company said in a Friday (July 25) press release that it will use the new capital to expand globally through potential licensing, acquisitions, partnerships and transactions; develop new payments and stablecoin...
You get what you pay for.
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In luxury real estate, that might just mean getting a mansion in exchange for cryptocurrency.
Christie’s International Real Estate established a dedicated crypto transactions division, becoming the first major luxury brokerage to support fully crypto-native property deals without fiat conversion or reliance on traditional banks, The New York...
Banks are reportedly increasing their efforts to promote credit cards to higher-income consumers while raising the qualification requirements for lower-income ones.
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Overall, the number of new credit card openings dropped for the first time in more than a year in the second quarter, The Wall Street Journal (WSJ) reported Friday (July 25).
Compared to the same quarter a...
First responders are using artificial intelligence (AI) to find drowning victims of the deadly Texas floods that thus far have claimed the lives of 136 adults and children, many of whom were in summer camp when disaster struck.
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Divers are using VodaSafe’s AquaEye, a handheld AI-powered sonar device, to look for victims across nearly 100 miles of murky water.
It can be...
A viral cash-out scam linked to TikTok has drained $17 million from New York ATMs in under three days, exploiting city-issued youth jobs program cards, according to The New York Times.
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New York’s Department of Youth and Community Development, which oversees the city’s Summer Youth Employment Program (SYEP), reported that payment cards for approximately 30,000 unbanked...