Startup EnFi raises $15 million to deploy AI credit analyst agents at banks

By Tatiana Bautzer NEW YORK, Feb 4 (Reuters) - Boston-based startup EnFi is raising $15 million with venture capital funds to ...
CNBC

'If Americans want lower interest rates, they're going to have to do it themselves,' analyst says. Here's how

The Federal Reserve indicated it is unlikely to lower interest rates just yet, which means anyone who carries a balance on their credit card won't get a break on sky-high interest charges. Rather than ...
NBC New York

Consumer credit rose to $5 trillion in January — ‘small cracks are starting to emerge,' analyst says

Total outstanding consumer debt stood at $5 trillion as of January, according to the Federal Reserve's G.19 consumer credit report released on Friday. That is up slightly from a month earlier but down ...
USA Today

A growing number of Americans are maxed out on credit cards, with Gen Z leading the way

A growing number of Americans are maxed out on their credit cards. Nearly one-fifth of credit card borrowers were using at least 90% of their available credit in the first quarter of 2024. The New ...
Crowdfund Insider

Arc to Enable AI Platform for Private Credit

Cash management and capital markets solutions Arc has launched an artificial intelligence (AI) platform for private credit. Arc Intelligence is said to be the first AI-enabled platform to tackle ...
Benzinga.com

Amex Still King Of Premium Credit Cards — But Chase, Capital One Are Closing In Fast: Analyst

BofA Securities analyst Mihir Bhatia said the U.S. premium credit card market is highly lucrative and one of the most competitive card markets in the world. The analyst surveyed 2,555 individuals to ...