‘Pig-butchering’ tops payment scam threats
Pig-butchering, an investment scam involving fake crypto companies, has emerged as one of the top payment threats facing consumers.
US retail sales showcase resilience of economy’s growth engine
US retail sales strengthened in September by more than forecast in a broad advance, illustrating resilient consumer spending that continues…
Capital One originations climb 18%
Capital One Auto Finance’s originations increased quarter over quarter and year over year for the second consecutive quarter, further highlighting…
Thor’s North American sales drop at yearend fiscal 2025
RV manufacturer Thor Industries’ sales dropped in its fiscal 2025 amid mixed shipments and promotional spending. Combined North American sales…
9 finance companies asked to share info for CFPB auto finance data pilot
The next step in building what the Consumer Financial Protection Bureau is calling its auto finance data pilot put the onus on nine finance companies. According to a bureau blog post pushed online Thursday, the CFPB said it issued orders … [Read More]
EBAday 2026 heads to Copenhagen: Early bird registration now open
The European payments and transaction banking community will gather in Copenhagen on 16-17 June for the 21st edition of EBAday, the continent’s leading summit for industry professionals. Hosted at the Bella Centre, EBAday 2026 promises two days of high-impact networking, strategic insight, and forward-looking discussion.
How fintech Upgrade grew auto originations to $1B
Upgrade’s auto originations soared in the first half of the year as it expanded its dealer network and launched new…
Study shows why financial insecurity remains an ‘epidemic’
Northwestern Mutual’s 2025 Planning & Progress Study is the company’s proprietary research series that explores Americans’ attitudes, behaviors and perspectives across a broad set of issues impacting their long-term financial security. It might also be a good look what the … [Read More]
FCA rules and slow approval times dent the UK’s aspirations to become a global crypto hub
British ambitions to become a global crypto hub are being hindered by a conservative regulatory approach that has seen applications for registration by crypto firms drop by 51% over the past three years.
Stellantis plans $13 Billion US investment to spur growth
Stellantis NV vowed to invest $13 billion in the US over the next four years as the maker of Jeep…
San Francisco Fed offers new way to look at labor market & spot recessions
The Federal Reserve Bank of San Francisco devised a new way of looking at the job market to provide more clarity to the auto-finance industry and the credit space in general. The San Francisco Fed rolled out the Labor Market … [Read More]
Stellantis applies to form industrial bank
Stellantis on Feb. 11 applied to form an industrial bank through the Utah Department of Financial Institutions. The application for…
SME banking platform Relay raises $32.2m
Relay, a business banking and money management service for SMEs, has raised $32.2 million in a Series B funding round led by Bain Capital Ventures.
AFME outlines concerns in upcoming CS3D regulation in paper
The Association for Financial Markets in Europe (AFME) released a report this week on the outstanding concerns within the Corporate Sustainability Due Diligence Directive (CS3D).
Inside Octane’s $365M securitization
Powersports lender Octane returned to the asset-backed securitized market with a $365 million issuance July 11. The deal reflects the…