loans

61% of Mid-Sized Banks Eye Fully Automated Lending

61% of Mid-Sized Banks Eye Fully Automated Lending
61% of Mid-Sized Banks Eye Fully Automated Lending
April 03, 2025  |  Digital-First Banking

Digital lending is at a crossroads as financial institutions and banks grapple with modernizing their loan processes, revealing a significant divide between readiness for consumers...

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SoftBank Reportedly Aims to Borrow $16 Billion for AI ‘Stargate’
SoftBank Reportedly Aims to Borrow $16 Billion for AI ‘Stargate’
April 01, 2025  |  artificial intelligence

SoftBank is reportedly seeking up to $16.5 in financing for the so-called “Stargate” AI project. Get the Full Story Complete the form to unlock this...

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From 1960s Tech to 2025 Transactions: The Infrastructure Leap Powering BNPL’s Boom
From 1960s Tech to 2025 Transactions: The Infrastructure Leap Powering BNPL’s Boom
March 31, 2025  |  BNPL

As this week’s “Pay Later Unpacked” virtual event draws to a close, we’ve heard a lot from the consumer-facing side of the house, as consumers...

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FTC Adds Defendants in Case Alleging Unlawful Debt Relief Operation
FTC Adds Defendants in Case Alleging Unlawful Debt Relief Operation
March 28, 2025  |  Legal

The Federal Trade Commission (FTC) has added more defendants in its case against student loan debt relief operation Superior Servicing and its operator, Dennise Merdjanian. Get the Full Story...

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Bank Lending to Nonbanks Has Doubled in Five Years
Bank Lending to Nonbanks Has Doubled in Five Years
March 27, 2025  |  Loans

Banks have reportedly more than doubled their lending to nonbank financial institutions (NBFIs) over the past five years and are now lending those companies $1...

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Affirm’s Levchin Sees Company Becoming the American Express of Buy Now, Pay Later
Affirm’s Levchin Sees Company Becoming the American Express of Buy Now, Pay Later
March 27, 2025  |  Buy Now Pay Later

The lure of paying over time lies with the predictability of the repayment. Get the Full Story Complete the form to unlock this article and...

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CBO Says Debt Limit Change Probably Needed by August or September
CBO Says Debt Limit Change Probably Needed by August or September
March 26, 2025  |  Debt

The Congressional Budget Office (CBO) said Wednesday (March 26) that if the debt limit is not raised or suspended, the government’s ability to borrow will...

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House Financial Services Committee Aims to Improve Access to Capital
House Financial Services Committee Aims to Improve Access to Capital
March 26, 2025  |  Business

The House Financial Services Committee (HFSC) is reviewing more than 40 bills that aim to improve business’ access to capital. Get the Full Story Complete...

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Utah Governor Signs Bill to Regulate Earned Wage Access Industry
Utah Governor Signs Bill to Regulate Earned Wage Access Industry
March 26, 2025  |  Regulation

Utah Gov. Spencer J. Cox signed an earned wage access bill Wednesday (March 26), according to a press release issued by his office. Get the...

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