Financial News
Fortune
Banks should stop using AI to ‘fire hundreds of people’—instead, they should use it to lend to low-income clients, says GFTN’s Sopnendu Mohanty
Why This Matters
AI should be used to create “credible” data on customers, allowing them to borrow money without the need for collateral.
July 28, 2025
06:26 AM
4 min read
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FinancialBooklet Analysis
AI-powered insights based on this specific article
Key Insights
- Financial sector news can impact lending conditions and capital availability for businesses
- Consumer sector trends provide insights into economic health and discretionary spending patterns
Questions to Consider
- Could this financial sector news affect lending conditions and capital availability?
- What does this consumer sector news reveal about economic health and spending patterns?
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