Sunday, March 23, 2025
13.6 C
London
HomeAIRevolutionising SME financing: How Banca AideXa uses AI and open banking to...

Revolutionising SME financing: How Banca AideXa uses AI and open banking to support SME growth

Date:

Viamericas Launches Cash-to-Cash Money Transfer Service Across the U.S.

New service simplifies domestic money transfers, offering quick and...

Ripple and Warwick Business School Investigate Stablecoin De-Pegging Risks

Collaborative research explores stablecoin stability, financial market impacts, and...

Accenture Faces Revenue Decline Amid U.S. Federal Budget Cuts

How Government Spending Reductions Impact Consulting ServicesHighlights: Accenture's revenue...

Banca AideXa’s Italian fintech revolutionizes online financing for small businesses using AI and open banking.

Facts

  • Banca AideXa employs AI and open banking to transform online financing and support small business growth.
  • Their technology provides a comprehensive view of an applicant’s creditworthiness by analyzing external data and generating automated assessment results.
  • Streamlined processes have boosted the automatic approval rate for loan applications by 10%, leading to quicker approval and disbursement for SMEs.

Related stories

spot_img

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories