Treasury Secretary Scott Bessent used his House testimony Wednesday (Feb. 4) to spotlight an urgency for new bank formation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
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 funds and finance companies have became central players as banks faced new rules on leverage. New regulatory changes now set...
A Capitol Hill hearing Tuesday (Dec. 2nd) on prudential oversight made clear one problem looms over bank regulation: rulebooks designed for a different era. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The South African Reserve Bank (SARB) reportedly wants to let nonbanks access the country’s payments system. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
December 09, 2025
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 funds and finance companies have became central players as banks faced new rules on leverage. New regulatory changes now set the stage for another shift. Get the Full Story Complete […]
May 23, 2025
In recent months, nonbanks have been applying for banking charters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
March 11, 2026
Digital lender Upstart has become the latest U.S. FinTech seeking a banking charter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications […]
August 31, 2025
The South African Reserve Bank (SARB) reportedly wants to let nonbanks access the country’s payments system. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
July 23, 2025
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. Get the Full Story Complete the...
May 19, 2025
Lending to nonbank entities like buyout firms and private credit outfits has topped $1 trillion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
