Intuit QuickBooks-integrated business credit card

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   Intuit uses real-time AI data to expand small-business lending

   Intuit says real-time financial data and AI help it forecast cash-flow shortages and proactively offer credit lines or term loans to small businesses. The company reports that annual lending grew from about $400 million four years ago to nearly $7 billion in its latest fiscal year, supported by an average of 625,000 data points across 10 million businesses on its platform. Its QuickBooks-integrated business credit card adds spending data, while AI-assisted actions involving money movement still require human approval.

   SiliconANGLE AI · 🔥 4

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