A South Jersey mom, Gabby Lomas of Magnolia, has filed a proposed class‑action lawsuit against Pennsylvania‑based Apex Asset Management, alleging the company used illegal threats and deceptive tactics to collect her medical debt after childbirth. What happened Lomas received over ...

Capital One reported April 2026 monthly charge-off and delinquency metrics, including net charge-offs and 30+ day delinquencies for key portfolios. Key Highlights: Domestic credit card period-end loans held for investment: $255,320 million; net charge-offs: $1,042 million (4.94%). Domestic credit card ...

Synchrony reported April charge-off and delinquency stats: net charge-off rate 5.5% and 30+ delinquency 4.3%. Key Highlights: Period-end loan receivables were $100.9B as of Apr 30, 2026, showing stability versus prior months. 30+ delinquency rate fell to 4.3% in Apr ...

The headline refers to a recent Federal Reserve communication saying the core banking and market infrastructure remain resilient, but several specific vulnerabilities are becoming more acute, especially around geopolitics, rates, and credit markets. What the Fed is saying The Fed’s ...

National Australia Bank (NAB) — Australia's largest business lender — completed the acquisition of London-based fintech Banked on May 14, 2026. No purchase price was disclosed. What Banked Does Banked operates a global Pay by Bank (account-to-account payments) platform that ...

Here's a breakdown of what's happening with the PayModum-Floid deal, announced May 11, 2026: What Each Company Does PayModum is a global payment gateway offering access to 150+ payment methods (cards, bank transfers, eWallets, APMs) through a single merchant integration ...

ORLANDO, Fla. – If you’re struggling to make your mortgage payment, you’re not alone. Foreclosures are climbing across Florida, and the state now ranks third worst in the nation, with experts warning the situation could get worse before it gets ...

The Federal Communications Commission (FCC) has approved Verizon's $1 billion acquisition of spectrum from Array Digital Infrastructure. As part of the acquisition, Verizon is set to pick up AWS-3, AWS-1, and PCS licenses from Array, formerly UScellular, covering around eight ...

Affirm plans to seed a Nevada bank with ~$350M to fund loans with deposits and boost margins. Here's a full breakdown of what's happening with Affirm's bank charter push and why it's rattling the fintech industry: What Affirm Filed On ...