With the release of the newest version of its Experian Virtual Assistant, Experian plc is leveraging artificial intelligence to advance its broader goals of expanding beyond credit reporting to become a technology-driven services provider. Doing that in a tightly regulated industry ...

They are unlikely to materially impede loan accessibility in the near term, but they will increase compliance and servicing friction, especially for smaller and subprime lenders, which can indirectly tighten credit at the margin. The bigger, clearer impact is on ...

Nevada has indeed adopted a new, comprehensive student loan servicing framework that covers both licensing and servicing conduct, primarily through AB 332 (2023) codified in NRS Chapter 670B, with implementing regulations adopted by the Financial Institutions Division (FID). Statutory framework ...

A growing number of federal judges are now requiring lawyers and sometimes pro se parties to affirmatively disclose when they use generative AI in preparing filings, usually via a standing order or certification; failure to comply can lead to sanctions, ...

U.S. President Donald Trump said his administration will review how banks handled mortgage payments and other debts for homeowners affected by the 2025 Los Angeles wildfires, with a particular focus on Wells Fargo. What Trump said Trump stated on Thursday ...

VISA beat estimates for Wall Street profit on Tuesday as the world’s largest payment processor benefited from a steady rise in payment volumes despite ongoing macroeconomic uncertainty, sending its shares up over 6 percent in extended trading. US consumer spending ...

This refers to the California Coast Credit Union–San Diego County Credit Union (SDCCU) merger that collapsed and is now in active litigation, and the rest of the California CU market is watching because the fight looks likely to drag on ...

The biggest piece is the elimination of disparate-impact liability under ECOA. For nearly five decades, Regulation B said that Congress intended lenders to be held accountable not just for intentional discrimination but also for facially neutral policies that happen to ...

Exceeded revenue, Adjusted EBITDA and Adjusted Diluted Earnings Per Share guidance Delivered 14 percent revenue growth, or 11 percent organic constant currency, led by U.S. Financial Services Completed the acquisition of majority ownership interest in Trans Union de Mexico Raising ...