BusinessWire - FinTecBuzz

TRUE and Candor Launch Industry-First Instant Income Solution

BusinessWireOctober 7, 20255 min

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...

Blockchain

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

BusinessWireOctober 7, 20253 min

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...

Insurance

Leading UK Insurtech Zego Extends Partnership With Clearspeed

BusinessWireOctober 7, 20254 min

Partnership delivers quicker, more confident claims decisions for customers, with average fraud savings of £550 per claim

Payments

G2 Risk Solutions Finalizes EverC Transaction

BusinessWireOctober 6, 20253 min

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...

Platforms

LawFi Appoints Doug Hathaway as Co-Founder and CTO/CPO

BusinessWireOctober 6, 20253 min

Fintech veteran brings 20 years of expertise to legal fee lending

Platforms

ParaScript Launches ParaScript Recognition Suite

BusinessWireOctober 6, 20254 min

AI-powered software development kits include four modules: fraud prevention, check deposits, data extractions and custom projects

Banking

BILL Launches High-Yield Cash Account for SMBs

BusinessWireOctober 3, 20255 min

BILL Cash Account simplifies reconciliations, streamlines treasury and payments, and turns idle cash into working capital for SMBs to fuel growth

Crypto Currencies

Bitwise Launches Covered Call ETFs on Circle and Ethereum

BusinessWireOctober 3, 20255 min

Both funds aim to generate monthly income by selling call options on CRCL and spot ether ETPs, respectively, while maintaining long exposure to the underlying assets.

Platforms

Snowflake Launches Cortex AI Suite for Financial Services

BusinessWireOctober 3, 20256 min

Snowflake Cortex AI for Financial Services allows financial institutions to unify their data ecosystems and easily deploy AI models, apps, and agents on top of that AI-ready data in Snowflake Snowflake’s MCP Server connects third-party data from partners such as FactSet, MSCI, Nasdaq eVestment®, and The Associated Press, which customers will be able to leverage in apps and agent platforms like Anthropic, CrewAI, Cursor, Devin by Cognition, Salesforce’s Agentforce, UiPath, and Windsurf, to accelerate the...

Payments

Deluxe, Peoples Bank Expand Into Payments & Treasury

BusinessWireOctober 3, 20253 min

Deluxe, a trusted Payments and Data company, today announced an expanded partnership with Peoples Bank, a $9.5 billion financial institution headquartered in Marietta, Ohio. This new engagement will deliver integrated Merchant Services, further strengthening a relationship built on shared values of innovation, service, and community impact. Over the past year, Peoples Bank has been deepening its relationship with Deluxe, choosing to place a portion of its promotional business with Deluxe in January, its check business...

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