Synchrony has completed its purchase of Ally Lending, Ally Financial’s point-of-sale (POS) financing business. The deal, first announced in January, includes $2.2 billion of loan receivables and a loan portfolio...
Point-of-sale financing firm ChargeAfter has debuted an embedded lending platform for banks. The Lending Hub, announced Monday (Mar. 4), is designed to let banks and financial institutions...
Australian FinTech Beforepay has launched a commercial version of its risk management and lending platform. Dubbed Carrington Labs, the new offering gives enterprise clients access to the...
Artificial intelligence (AI) startup Anthropic said its latest generative AI models outperform those from Google and OpenAI. The Claude 3 family of models, announced Monday (Mar....
The U.S. Small Business Administration (SBA) has launched an enhanced version of its Lender Match tool that connects small business owners with SBA-approved lenders. The...
Hank Payments has partnered with FinWise Bank to enhance consumer financial services, including lending, savings and payments. This collaboration brings together Hank Payments’ banking platform with FinWise’s...
Amazon said last week that its Innovation Fund is ramping up its investment in robotics. And as a report Monday (March 4) by Bloomberg News notes,...
American Express has launched a small business-focused integration with American Express Global Business Travel. The collaboration, announced Monday (Mar. 4), lets businesses issue a virtual card for...
The European Commission has fined Apple 1.8 billion euros ($1.95 billion) for abusing its place in the music streaming market. The record fine, announced by the commission (EC) Monday (Mar....