The lenders' examples of using generative artificial intelligence were more practical than transformational, but in any case data challenges represent a common problem.

An April 20 bankruptcy filing accuses Kfir Gavrieli of recruiting friends, family and his synagogue to sign sham contracts that inflated Aspiration's revenue.

Research from American Banker shows that at least a quarter of all respondents see BNPL as a credible threat to credit card revenue.

The newly opened bank founded by big tech executives reached the deposit milestone within its first quarter of operations, according to a recent call report.