Slope launched a commercial buy now, pay later (BNPL) card solution powered by Marqeta. The new Slope Card enables brands and marketplaces to allow their...
Walmart and investment firm Ribbit Capital are reportedly leading a funding round of more than $300 million for FinTech startup One, which is majority-owned by...
Nearly a week after a federal judge blocked a cap on “junk fees,” the Consumer Financial Protection Bureau is overhauling overdraft fee regulations for large...
The Consumer Financial Protection Bureau (CFPB) banned Performant Recovery from servicing or collecting any student loan debts and ordered the company to pay a $700,000...
A dramatic rise in credit card debt over the last several years has pressured paycheck-to-paycheck consumers, with a disproportionate burden on those individuals and households...
The Bank of England aims to develop the ability to lend to non-bank financial institutions (NBFIs). It is doing so to address potential liquidity challenges in...
Banking technology company Mbanq has debuted Mbanq Comet, an AI-powered digital loan origination platform. Comet integrates with core banking systems and is designed to allow banks, credit...
The Federal Reserve’s pandemic-era Main Street Lending Program reportedly had $1.23 billion in interest and principal payments in default as of Oct. 31. The program...
Banks and credit unions may feel like they offer a best-in-class digital experience — and the readiness to offer new services and options — when...