SynopsisPine Labs is launching an AI underwriting tool and new employee benefit cards. The company is expanding its services beyond payment processing into lending. International revenue saw significant growth, with expansion plans in several countries. UPI transactions now dominate merchant checkouts, driving new device adoption. Pine Labs anticipates Apple Pay's entry into India later this year.Bengaluru: Pine Labs has signed six banks and nonbank lenders for its artificial-intelligence underwriting tool SignalIQ and plans to launch meal and expense cards by October, as the merchant-payments company expands beyond money transfers into data-led lending and employee-benefit services.SignalIQ analyses bank statements and converts difficult-to-read Unified Payments Interface (UPI) entries into income, debt and cash-flow signals. ChiefNow Playing
Pine Labs signs six lenders for AI underwriting tool SignalIQ, plans meal, expense cards by October - The Economic Times
Pine Labs is launching an AI underwriting tool and new employee benefit cards. The company is expanding its services beyond payment processing into lending. International revenue saw significant growth, with expansion plans in several countries. UPI transactions now dominate merchant checkouts, driving new device adoption. Pine Labs anticipates Apple Pay's entry into India later this year.
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