Advanced search

CHICAGO— New federal student loan rules that took effect July 1 are expected to reshape how millions of Americans finance higher education, potentially driving more borrowers toward private lenders while increasing the need for stronger underwriting, according to TransUnion.

TAMPA-- Velera has been named to TIME’s list of America’s Best Private Companies 2026, the CUSO announced.

BURLINGAME, Calif.— Online lending platform Upstart Holdings has received conditional approval from the Office of the Comptroller of the Currency to establish Upstart Bank, N.A., clearing the first major regulatory hurdle in its effort to launch what it says would be the first nationally chartered bank built around artificial intelligence-powered underwriting, BankingDive reported.

WASHINGTON-- America’s Credit Unions Friday submitted a letter to the Federal Housing Finance Agency (FHFA) commenting on its proposal to rescind and replace the framework of its Enterprise Duty to Serve Underserved Markets regulation.

WASHINGTON--America’s Credit Unions is conducting a membership vote requesting approval to formally update its name and change its domicile location from Wisconsin to the District of Columbia, ACU said, adding member CEOs are encouraged to cast their vote by 5 p.m. ET on Friday, Aug. 14.  

SAN ANTONIO—By acquiring PayPal, Stripe wouldn't simply create a larger payments company—it could accelerate the emergence of a consumer financial powerhouse capable of competing more directly with banks and credit unions for payments, deposits and everyday financial relationships.

SANDWICH, Mass.—Community financial institutions overwhelmingly view artificial intelligence as a strategic priority, but most have adopted only a limited number of AI applications while remaining deeply concerned about accuracy, security and overreliance on the technology, according to Gemineye's new 2026 AI Sentiment Report.

NEW YORK—After several years of worsening credit performance, U.S. auto loan delinquencies appear to be leveling off, a potential turning point for lenders. Morningstar DBRS said early-stage delinquencies have held steady for three consecutive quarters while serious delinquencies have also stabilized, suggesting the industry's credit quality may be nearing an inflection point—even though both measures remain well above pre-pandemic levels.

WASHINGTON— Federal Reserve Chair Kevin Warsh defended his decision to sharply limit the central bank’s guidance about future interest-rate moves, arguing that the resulting rise in market borrowing costs shows investors are responding more independently to economic conditions rather than waiting for direction from Fed officials.