Tag: Alternative data
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Global Demand for Alternative Data Surges, Outpacing AI Growth
The global demand for alternative data is surging, outpacing AI growth in finance. Revenues expected to reach $19 billion by 2027.
UBX enhances lending platform SeekCap with AI technology
UBX and Aboitiz Data Innovation have partnered to incorporate AI solutions into SeekCap, UBX's lending platform. This will promote financial inclusion by providing loans to individuals and SMEs who may not have qualified through traditional scoring methods. The partnership also introduces SeekCap PortfolioPro, an AI-powered service that streamlines the borrower portfolio process, enabling platform lenders to grant loans with greater confidence. UBX expects to help more entrepreneurs in the Philippines access loans, further promoting financial inclusion.