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 ...

For fintech, growth has often been built on one critical advantage: the ability to price and manage risk with greater flexibility than traditional financial institutions. Through AI-driven underwriting, alternative credit models, cash-flow analytics, and embedded finance, fintech platforms have expanded ...

Here's a comprehensive breakdown of where this litigation stands and what's at stake. The Core Legal Fight The appeal in Corner Post, Inc. v. Board of Governors of the Federal Reserve System before the U.S. Court of Appeals for the ...

US consumer prices continued their rapid ascent in April as the war in Iran pressured global fuel and food costs, government data released Tuesday showed. The Consumer Price Index for April showed prices were 3.8% higher than a year ago ...

The chairman of the Federal Trade Commission sent a warning letter Friday to national mortgage services provider Mortgage Connect over employee contracts. Processing Content Andrew Ferguson, who has served as the agency's commissioner since April 2024, urged the company to ...

Foreclosure filings climbed in April, with Delaware, South Carolina, and Florida emerging as the nation's primary hot spots for distressed property activity. Across the U.S., foreclosure rates are up 18% from a year ago, according to the latest data from ATTOM. And in ...

The share of auto loan balances newly entering serious delinquency held at 2.97% in Q1, as originations reached $182 billion. On the Dash: Auto loan balances newly entering serious delinquency held at 2.97% in Q1 2026. Borrowers aged 18 to ...

Senate Blocks Democratic CFPB Restoration Push On Wednesday, May 13, Senate Republicans blocked a coordinated Democratic effort to restore a series of Consumer Financial Protection Bureau policies that have been rolled back under the Trump administration. Here's a breakdown of ...

Senate Republicans blocked a sweeping Democratic effort — led by Sen. Elizabeth Warren — to restore CFPB consumer protections. Democrats filed 20 resolutions under the Congressional Review Act targeting policy reversals, but Republicans blocked all of them, largely along party ...