4+ mon, 5+ day ago   (1241+ words) American Banker’s 2026 BNPL Tradeoff Survey was fielded online during March of 2026 among 186 banking professionals who occupy a variety of roles across banks, credit unions, neobanks and payments firms. This item is the end of a series diving into new research…...

7+ mon, 3+ week ago   (470+ words) Banks are sounding the alarm about President Donald Trump's call for a 10% cap on credit card rates, though merchant groups are applauding another move from the President that could tighten card regulations. Another trade organization, The National Association of College…...

4+ mon, 2+ week ago   (1039+ words) The Consumer Financial Protection Bureau is set to finalize a controversial rule that requires financial institutions to collect data on the sex, race and ethnicity of small-business loan applicants. Under the latest proposal from the Trump administration, banks and lenders…...

4+ mon, 3+ week ago   (743+ words) Credit card startup Mission Lane has applied for a limited-purpose credit card bank charter with the Office of the Comptroller of the Currency and for deposit insurance with the Federal Deposit Insurance Corporation. In the company's application, Mission Lane identified…...

5+ mon, 1+ week ago   (718+ words) SAN DIEGO — Federal Reserve Vice Chair for Supervision Michele Bowman said the central bank's proposed capital framework will inject up to $100 billion into the economy to support small-business loans. On Tuesday, Bowman told a group of consumer bankers that the…...

5+ mon, 3+ day ago   (816+ words) To get a line of credit, a borrower might put up their house as collateral. But for a new credit card being developed, the collateral is underneath the house. A fintech company called Frontlands is launching a credit card backed…...

5+ mon, 1+ week ago   (839+ words) At a time when affordability is a top concern for many American households, U.S. Bancorp is offering extended loan terms to home-improvement borrowers who might otherwise be unable to manage the monthly payments. U.S. Bank's $692.3 billion-asset parent company announced earlier this month…...

5+ mon, 4+ week ago   (687+ words) Card charge-backs are becoming a larger problem, with Datos Insights predicting an increase in global charge-back volume, reaching 359 million transactions in 2029. What's more, the average charge-back amount has increased nearly 16% to $251 between 2023 and 2025. The increase reflects broader shifts in transaction…...

6+ mon, 2+ week ago   (702+ words) Shares of the neobank plummeted nearly 30% Thursday despite posting revenue over $1 billion as investors balked at up-front loan provision expenses that come with the expansion of Klarna's longer-term installment loans. Block's merchant unit is deploying a virtual assistant to sweeten…...

6+ mon, 3+ week ago   (1295+ words) It's a lending program born on the back of a napkin. Eighteen years ago, the head of human resources for a Burlington, Vermont-based cookie dough manufacturer sat down with Bob Morgan, now the CEO of $1.1 billion-asset North Country Federal Credit…...