consumer finances

New York Regulator Proposes Licensing Rules for BNPL Lenders

New York Regulator Proposes Licensing Rules for BNPL Lenders
New York Regulator Proposes Licensing Rules for BNPL Lenders
July 15, 2026  |  BNPL

The New York State Department of Financial Services (DFS) posted a notice of proposed rule making regarding buy now, pay later (BNPL) lenders together with the text of the proposed regulation...

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Fed’s Bowman Says Tailored AI Supervision Drives Financial Inclusion
Fed’s Bowman Says Tailored AI Supervision Drives Financial Inclusion
July 14, 2026  |  Artificial Intelligence

Federal Reserve supervision should not hinder banks’ implementation of artificial intelligence (AI), because the technology can contribute to financial inclusion, Federal Reserve Vice Chair for...

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Robinhood Weighs Its First Sale of Card Receivables-Backed Bond
Robinhood Weighs Its First Sale of Card Receivables-Backed Bond
July 13, 2026  |  Credit Cards

Robinhood Markets is weighing the sale of between $400 million and $500 million of asset-backed securities, including a bond backed by bills for its branded consumer...

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Is Revolving Credit Cooling or Simply Catching Its Breath?
Is Revolving Credit Cooling or Simply Catching Its Breath?
July 08, 2026  |  Economy

Consumer credit rarely moves in a straight line, and May’s Federal Reserve data offered a reminder that one month’s pause can support more than one...

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Nobody Licensed AI to Give Financial Advice
Nobody Licensed AI to Give Financial Advice
July 08, 2026  |  Artificial Intelligence

Financial regulation was built around a specific relationship: a licensed adviser who owes the client a duty of care, carries professional indemnity insurance and answers...

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WorkWhile Adds AI Tool to Eliminate Payday Loans
WorkWhile Adds AI Tool to Eliminate Payday Loans
June 08, 2026  |  Artificial Intelligence

WorkWhile has added an earning management solution designed for hourly workers to its artificial intelligence (AI)-powered labor platform. Get the Full Story Complete the form...

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Revolut Launches Physical Crypto Debit Card Amid Rising Transaction Volume
Revolut Launches Physical Crypto Debit Card Amid Rising Transaction Volume
May 18, 2026  |  Cryptocurrency

Revolut unveiled Monday (May 18) its first physical cryptocurrency debit card, a move that follows a notable increase in industry-wide card usage and transaction volumes....

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Discovery Bank Shows How AI Could Change App Engagement
Discovery Bank Shows How AI Could Change App Engagement
May 18, 2026  |  Banking

A Discovery Bank client does not need to ask their banking app a question to get a financial recommendation. The app is already watching. It...

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