News

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Upstart Personal Loan Originations Grow 83% Year Over Year
Upstart Personal Loan Originations Grow 83% Year Over Year
May 06, 2025  |  Earnings

Lending platform Upstart Holdings’ first quarter results saw loan originations nearly double from a year ago, driven in part by automated processes, while management pointed...

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Corpay, TPG to Acquire AvidXchange in $2.2 Billion Deal
Corpay, TPG to Acquire AvidXchange in $2.2 Billion Deal
May 06, 2025  |  Acquisitions

Corporate payments firm Corpay and global asset management firm TPG have entered into a deal to acquire accounts payable (AP) automation software provider AvidXchange. Get...

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Rite Aid Attributes Bankruptcy Return to Empty Shelves, Shopper Trade-Down
Rite Aid Attributes Bankruptcy Return to Empty Shelves, Shopper Trade-Down
May 06, 2025  |  Retail

Rite Aid has claimed in a court filing Tuesday (May 6) that its inability to sustain a successful recovery and its subsequent return to bankruptcy...

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Global Payments Bets Big on $600M Synergy From Worldpay
Global Payments Bets Big on $600M Synergy From Worldpay
May 06, 2025  |  Acquisitions

A $22 billion acquisition is a tough act to follow. But TSYS-parent Global Payments is betting big on its $600 million synergy target as it...

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Pay Later Economy Gets Regulatory Reprieve as CFPB Moves to Rescind BNPL Rule
Pay Later Economy Gets Regulatory Reprieve as CFPB Moves to Rescind BNPL Rule
May 06, 2025  |  Buy Now Pay Later

The pay later economy got a big boost late in the day Tuesday (May 6) when the Consumer Financial Protection Bureau (CFPB) announced in a...

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Indiana Passes Earned Wage Access Law
Indiana Passes Earned Wage Access Law
May 06, 2025  |  Payroll

Indiana has passed earned wage access (EWA) legislation into law. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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IBM CEO: Layoffs Due to AI Led to ‘More Investment’ in Other Roles
IBM CEO: Layoffs Due to AI Led to ‘More Investment’ in Other Roles
May 06, 2025  |  artificial intelligence

Arvind Krishna, the CEO of IBM, said his company’s investment in artificial intelligence (AI) has ultimately led to a rise in employment in the firm....

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Derailed House Hearing Leaves Crypto Market Structure Hanging in Balance
Derailed House Hearing Leaves Crypto Market Structure Hanging in Balance
May 06, 2025  |  Cryptocurrency

Donald Trump promised to transform the U.S. into the “crypto capital of the planet,” and he will need cryptocurrency legislation for his administration to do it....

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Tariff Worries Plunge M&A to Lowest Level Since 2009
Tariff Worries Plunge M&A to Lowest Level Since 2009
May 06, 2025  |  Partnerships / Acquisitions

Mergers and acquisitions (M&A) have sunk to their lowest level in 20 years, with deal-making now worse than during the Great Recession of 2008-09 and...

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