Deutsche Bank is using artificial intelligence to speed up corporate lending decisions, reducing processing times for some smaller businesses from weeks to just minutes. The technology, launched during the summer, has also shortened lending decisions for multinational corporations from months to weeks, according to Marie-Jeanne Deverdun, the bank’s technology chief.
Revolut has emerged as Europe’s most valuable startup, reaching a private valuation of $115 billion and increasingly challenging established banking giants. Founded just over a decade ago as a fintech focused on cheaper foreign exchange, the London-based company has expanded rapidly, with 80 million customers globally and new banking licences helping drive its
Centuries ago, the sage and philosopher Laozi, on the other side of the Great Wall of China, famously stated, “A journey of a thousand miles begins with a single step.” This timeless wisdom highlights how seemingly minor actions can trigger significant changes over time. The remarkable story of an entrepreneurial giant on this side of […]


