Regulators Urge Banks to Assess Risk in Fintech Relationships
Regulators Urge Banks to Assess Risk in Fintech Relationships Recently, the Federal Reserve, the Federal Deposit Insurance Corp. (FDIC), and the Office of the Comptroller of the Currency (OCC) issued new guidance for community banks to better assess risk as they...
Amazon, Affirm Team Up to Offer Buy Now, Pay Later
Amazon, Affirm Team Up to Offer Buy Now, Pay Later Since the onset of the global pandemic around March of last year, buy now/pay later (BNPL) financing has rapidly become a popular alternative to credit card borrowing. This trend continued last week when Amazon...
Seven Million Americans May Lose Unemployment Aid After Labor Day
Seven Million Americans May Lose Unemployment Aid After Labor Day For many Americans, next week represents a looming monetary cliff with the potential to significantly impact their financial situations, as more than seven million Americans are set to lose their...
