99% of CFOs Report Cyber Incidents, Boosting Fintech Spend

Nearly every UK CFO surveyed (99%) has faced a payments-related cyber incident in the past two years1, with cybersecurity now their number one operational risk. Appetite for automation is universal with Accounts Payable the top priority, but integration challenges with existing systems keep finance leaders exposed and inefficient. Real-time oversight is seen as essential, yet only 64% of those surveyed are confident that their systems can deliver it2 – highlighting the need for modernised, unified solutions....

Slope Launches SlopeScore: The Cashflow Score for Businesses

Designed for lenders, SlopeScore is the first cash flow underwriting score purpose-built for SMBs. The model is deployed on platforms like Walmart, Alibaba, IKEA, and Samsung, giving it exposure to vast volumes of real-world business transactions. Slope today announced the launch of SlopeScore, the first cash flow underwriting system purpose-built for small and medium-sized businesses (SMBs). While consumer underwriting has enjoyed rapid innovation thanks to cash flow scores from a proliferation of vendors (Plaid, Nova, Prism,...

TRUE and Candor Launch Industry-First Instant Income Solution

TRUE, the leader in AI-powered mortgage automation, and Candor Technology, the market leader in automated AI underwriting, today announced a breakthrough in mortgage automation: Instant Income Clarity, the first solution to deliver verified, GSE-aligned income clarity in minutes and make it accessible to loan officers and branch teams, not just underwriters. Income analysis has long been a bottleneck for lenders. Traditional tools take hours to run, rely on offshore business process outsourcing (BPO), and often keep...

C1 Fund Invests in Figment, a Leading Provider of Blockchain Infrastructure

C1 Fund Inc., a registered closed-end investment company providing public-market investors exposure to late-stage digital-asset and technology companies, today announced that it has invested in Figment, a global leader in blockchain infrastructure and staking services. The position was executed via the secondary market and reinforces C1 Fund’s mandate to back category-defining companies that power the digital-asset ecosystem. Figment currently supports more than 50 blockchain protocols and according to company data, over $17 billion in digital...

G2 Risk Solutions Finalizes EverC Transaction

G2 Risk Solutions today announced the completion of its transaction with EverC, expanding G2RS’ global reach and adding proven AI-powered risk solutions to its product suite. Now with the acquired capabilities of EverC, G2RS delivers a comprehensive suite of AI- and analyst-driven risk solutions. Products are built to help global banks, merchant acquirers and online marketplaces strengthen defenses against fraud, scams and illegal or unsafe transactions. This includes the recently launched Smart Scan, an AI-powered...

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