Wirex added two new stablecoins to its digital payments platform. The integration of the VNX Euro (VEUR) and VNX Swiss Franc (VCHF) coins allows users...
Morgan Stanley reportedly upgraded its rating and price targets on shares of several credit card companies and lenders, citing stabilization in consumer credit and an...
The International Monetary Fund (IMF) said Wednesday (Dec. 18) that El Salvador will alter its bitcoin project as part of a staff-level agreement on a...
The Consumer Financial Protection Bureau (CFPB) is monitoring the consumer financial marketplace to spot companies’ attempts to charge junk fees in new ways after the regulator...
Embedded lending, the integration of credit offerings into platforms where consumers and microbusinesses (MSBs) can apply for credit directly during a transaction, is gaining traction...
Securities and Exchange Commission (SEC) filings from several card issuers offer up a mixed portrait of the U.S. consumer in November. Delinquency rates were lumpy,...
New York’s financial watchdog has proposed new measures governing nonbank mortgage lenders. The New York State Department of Financial Services (DFS) says this new regulation would ensure these lenders...
Small business and small farm loans decreased in 2023 as interest rates rose and lending standards tightened, according to three federal banking agencies with responsibilities...
The Federal Deposit Insurance Corp.’s roster of “problem banks” continues to grow. The overall number of those banks — 68 as of the end of...