Capital One reported May 2026 monthly charge-off and delinquency metrics, including domestic credit card and auto portfolio balances, charge-offs and delinquency rates. Key Highlights: Domestic credit card period-end loans held for investment: $257,997 million; net charge-offs: $1,022 million (annualized rate ...

What changes with the Visa and Mastercard agreement? How does this agreement affect consumers? A federal judge in Brooklyn granted preliminary approval to the $38 billion agreement between Visa, Mastercard and more than 12 million merchants that accused the networks ...

RIDGELAND, Miss. (WLBT) -During a reveal party at Members Exchange Federal Credit Union in Ridgeland, Make-a-Wish announced 8-year-old Jessie’s wish is granted! Jessie Fields is going to Walt Disney World! Jessie’s aunt says he has sickle cell disease. She hopes ...

Senate Democrats are escalating pressure on former President Donald Trump to move swiftly in filling key vacancies at the Federal Deposit Insurance Corp. (FDIC) and the Securities and Exchange Commission (SEC), warning that prolonged leadership gaps could undermine financial oversight ...

Claims its platform has helped 12 financial institutions save more than US$10 mil through auditable AI deployment Funding will support product development, engineering expansion and regulatory capabilities across new markets Pints AI, a Singapore-based enterprise AI startup that helps regulated ...

Imagine it’s Friday afternoon at a bank and a customer calls the office in a panic needing an immediate wire transfer. The problem? The cutoff time for wires had already passed. East West Bank has seen this exact scenario play ...

News1 "Mom, Dad. If anyone contacts you because of me, please pay it back for me. I'm sorry." Kim Sun-woo (a pseudonym), 30, stared into the camera with teary eyes, struggling to continue speaking. Perhaps out of anxiety that his ...

A new legal challenge against fintech provider Brigit is drawing attention to the ongoing regulatory scrutiny of earned wage access (EWA) and cash advance products, with Minnesota authorities alleging the company operated outside state lending laws. The Minnesota Department of ...

Ford is preparing a major overhaul of its First-Time Buyer Program, and the changes could make it significantly easier for younger shoppers and buyers with limited credit history to get approved for a new vehicle. The updated program lowers both ...