risk assessment

Altman-Backed Slope’s Bid to Create GPT Business Payments

Altman-Backed Slope’s Bid to Create GPT Business Payments
Altman-Backed Slope’s Bid to Create GPT Business Payments
October 10, 2023  |  Artificial Intelligence

The business-to-business (B2B) payments economy represents a $125 trillion opportunity for the right innovation to unlock. But those trillions of dollars being shuffled around between businesses...

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Why Lenders Should Stop Asking Small Businesses for 36 Months of Bank Statements
Why Lenders Should Stop Asking Small Businesses for 36 Months of Bank Statements
June 01, 2023  |  SMBs

Small businesses are the backbone of the economy, providing jobs and driving innovation. Hicham Oudghiri, CEO of Enigma Technologies, told Karen Webster, with a nod...

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FDIC Sends Cease and Desist Order to Cross River Over Lending Practices
FDIC Sends Cease and Desist Order to Cross River Over Lending Practices
April 30, 2023  |  Banking

Federal regulators have cited Crypto and FinTech-focused lender Cross River Bank. The Federal Deposit Insurance Corp. (FDIC) issued a cease-and-desist order against the New Jersey-based bank due to its...

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FSOC Approves Proposals Focused on Countering Potential Risks to Stability
FSOC Approves Proposals Focused on Countering Potential Risks to Stability
April 21, 2023  |  Legal & Regulation

The Financial Stability Oversight Council (FSOC) of the U.S. Treasury announced two proposals to counter potential risks. One proposal would provide greater transparency about how the Council identifies,...

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Macro Economy Puts Seasonality of Working Capital in Focus
Macro Economy Puts Seasonality of Working Capital in Focus
April 19, 2023  |  CFO

When things spiral out of control, CFOs need to have the proper controls. That’s according to Nathaniel Katz, chief financial officer at eCommerce software provider Rokt, who said...

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Finverity Raises $5 Million to Expand Supply Chain Finance Technology
Finverity Raises $5 Million to Expand Supply Chain Finance Technology
March 31, 2023  |  B2B Payments

Finverity has raised $5 million to expand its trade and supply chain finance technology. The United Kingdom-based firm will use the new funding to increase its...

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Pinwheel Now Supplies Income and Employment Data Through Visa Program
Pinwheel Now Supplies Income and Employment Data Through Visa Program
March 29, 2023  |  Risk Management

Pinwheel has partnered with Visa to provide consumer-permissioned income and employment data to businesses. By joining the Visa Fintech Connect Program, Pinwheel can provide this data to merchants, financial...

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J.P. Morgan Payments: AI Transforms Payments’ Tony Starks into Data-Driven Iron Men
J.P. Morgan Payments: AI Transforms Payments’ Tony Starks into Data-Driven Iron Men
March 21, 2023  |  Artificial Intelligence

Artificial intelligence is helping payments executives become high-powered problem solvers. “What makes Tony Stark Iron Man is his exoskeleton and AI-powered enhancement technology,” Tony Wimmer, head...

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