Millions of student loan borrowers fell into default earlier this year — and a second wave of delinquencies could be on its way, the Federal Reserve Bank of New York said Tuesday. About 1 million borrowers fell into default in ...

Configurable, agent-style AI integrations are now topping the newest “real-world” automation benchmarks, especially where they can orchestrate multiple apps via APIs, discover tools autonomously, and follow business policies end‑to‑end. What “configurable AI integrations” means now Modern integration stacks are shifting ...

President challenges foreclosure amendment citing risks to financial stability — borrowers association rejects claims of unconstitutionality Serious constitutional and institutional concerns have been raised over a new foreclosure law, following a referral by president Nikos Christodoulides to the Supreme Court, ...

April is National Financial Literacy Month, and, as personal finance reporters, we can't help but celebrate it. It's a time to sharpen our understanding of smart money habits and build greater financial awareness. For many people, personal finance wasn't taught ...

From the MBA: Mortgage Delinquencies Increase in the First Quarter of 2026 The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 4.44 percent of all loans outstanding at the end of the ...

AI is already reshaping insurance claims from end to end, and over the next 3–5 years it will fundamentally change how claims are reported, triaged, investigated, and settled. Where AI is changing claims now Intake and first notice of loss ...

Scale of the Default Crisis The numbers are staggering. According to New York Fed data, roughly 1 million borrowers defaulted in Q4 2025 and an additional 2.6 million defaulted in Q1 2026 — bringing the total newly defaulted since late ...

TP said its TP.ai FAB Collect debt recovery system matched human customer satisfaction scores in live deployments while delivering a 40% debt recovery rate. The figures come as lenders across Asia face pressure to manage elevated non-performing loan risks without ...

Parker, a Y Combinator–backed SMB/e‑commerce banking and corporate card fintech, abruptly shut down and filed for Chapter 7 liquidation on May 7, with $50–100M in both assets and liabilities and roughly 100–200 creditors. What Parker was Parker offered a corporate ...