‘Credit access is absolutely a problem’: Upstart’s Paul Gu

The company’s new CEO, and long-time chief technology officer, shares his views on why some banks are stuck in old ways of determining creditworthiness, how Upstart has been modifying its underwriting models and the objections people sometimes have to AI-based lending.

Wise debuts Nasdaq listing

The payments fintech is hoping its listing on the Nasdaq will bring it greater visibility in the U.S. market, a region that the company says represents the largest growth potential.

Rising energy costs may squeeze families, but not the economy

Market watchers say that the economy as a whole is holding up under higher energy prices and do not expect a recession. Even so, observers are watching financial markets and consumer spending for signs that inflation expectations are taking hold.

IMF calls Mythos a systemic risk

Three senior officials say attackers will eventually breach bank defenses, and supervisors should plan for it — while U.S. regulators stay nearly silent.