The credit assessment and decision system is directly integrated into Wirecards digital payment infrastructure. An Artificial Intelligence (AI) based data analysis system, which uses data from long-term business relationships in the area of payment processing, can be used for real-time evaluation. Merchants with funding needs will therefore benefit from uncomplicated decision-making processes and shorter waiting times for loan disbursements.
After a pilot phase and as part of the expansion of the Wirecard ecosystem, the loan business is now being rolled out internationally. For this, Wirecard cooperates with major financial institutions, bringing together real-time AI technology and traditional banking services.
Currently, almost 240,000 B2B merchants are already connected to the Wirecard platform for digital payment processing, including 37,000 large and medium-sized along with around 200,000 smaller companies. For more information about Wirecard, please check out a detailed profile of this company in our dedicated, industry-specific online company database.
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