Artificial intelligence (AI)-based lending platform Upstart reported triple-digit growth and profits during Tuesday’s third-quarter earnings call, with auto loans growing from “a handful” to more than 4,000 in 47 different states. The company reported revenue of $228.5 million, up from $65.4 million one year ago. Despite its earnings, however, trading of Upstart’s stock fell 18.2% […]
More from Bank Automation News
State Street to offer crypto services to private-fund clients
Source Node: 1859093
Time Stamp: Jul 30, 2021
Process mining and process discovery: How they differ and shape automation strategy
Source Node: 1854712
Time Stamp: Jun 10, 2021
IT security investment set to explode, Money 20/20 survey says
Source Node: 1473184
Time Stamp: Nov 10, 2021
Simmons Bank SVP Nick Kieffer to speak at Bank Automation Summit
Source Node: 1575179
Time Stamp: Jan 3, 2022
Bitcoin makes run toward record high amid ETF exuberance
Source Node: 1878011
Time Stamp: Oct 15, 2021
Google launches new financial services offering for market, regulatory data
Source Node: 876903
Time Stamp: May 28, 2021
Movers and Shakers: Truist gets new investment banking head, Jack Henry hires new sales lead
Source Node: 1857092
Time Stamp: Jun 30, 2021
RBC sees 50% leap in digital financial advisory tool use
Source Node: 1572624
Time Stamp: Dec 2, 2021