Nonbanks across industries are aligning with chartered financial institutions to assemble branded financial ecosystems that have regulated balance sheets as a foundation, reshaping how consumers...
A new FDIC report monitors the sharp rise in lending from banks to nonbanks. That’s according to the Federal Deposit Insurance Corp.’s (FDIC) 2026 Risk...
Digital lender Upstart has become the latest U.S. FinTech seeking a banking charter. The company announced Tuesday (March 10) that it had applied to federal...
Treasury Secretary Scott Bessent used his House testimony Wednesday (Feb. 4) to spotlight an urgency for new bank formation. More than half of community banks...
Nonbanks expanded sharply in corporate credit during the past decade, and this growth coincided with a market in which leverage steadily moved higher. Private credit...
A Capitol Hill hearing Tuesday (Dec. 2nd) on prudential oversight made clear one problem looms over bank regulation: rulebooks designed for a different era. Lawmakers...
The South African Reserve Bank (SARB) reportedly wants to let nonbanks access the country’s payments system. The central bank plans to unveil proposals that would...
Credibur emerged from stealth Wednesday (July 23) and announced it secured $2.2 million in pre-seed funding to launch its platform for debt facility management. The...