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Banks can’t afford to miss the buy now/pay later party
HomeAdvantage expands agent network to cover 48 states
Central Valley in California promotes COO to chief executive
OceanFirst cutting branch network by 30% to fuel digital growth
BofA debuts program to move further away from overdraft fees
PayPal to buy Japanese unicorn Paidy in $2.7 billion deal
JPMorgan to take majority stake in Volkswagen payments platform
What aspiring bankers can learn from microfinance in Central America
Personal Insolvency in Asia and Currency Comparison
While Shenzhen has gotten all the good press since its March launch of the first personal bankruptcy regime in Mainland China, a number of other Asian regimes have also been on the move. ... Read full article
Massachusetts Throws in the Towel with Credit Acceptance Corporation
In 2020 the Massachusetts Attorney General brought one of the most significant consumer finance cases in years , a suit against subprime auto lender Credit Acceptance Corporation. If you haven’t heard of CAC, it’s a one of the largest subprime auto ... Read full article
LSTA Publishes Term SOFR Concept Document
On August 25, the LSTA published its Term SOFR Concept Document (the “Term SOFR Concept Document”) [1] —the latest addition to its suite of SOFR-based Concept Documents. ... Read full article
An Alabama bank shutters its consumer lending unit
Longtime head of Pennsylvania credit union to retire
NRL Federal Credit Union to rebrand as Spectra Credit Union
Why the SBA withdrew threat to audit PPP lenders
CFPB orders ISA provider to comply with consumer protection laws
Fintech that analyzes small businesses' books lacks one thing: Bank data
Mastercard buying Danish open-banking tech firm
State Street to buy Brown Brothers unit for $3.5 billion