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general
industry-news

Wells Fargo Retail Banking Executive Lisa Stevens to Depart - WSJ

The departure of Wells Fargo’s retail lead could signal a strategic shift for one of the nation’s largest providers of merchant financing programs.

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general
industry-news

Snap Finance: Matt Hawkins' founder story - Utah Business

A look at the origins of Snap Finance highlights the massive retail opportunity in serving credit-challenged consumers through lease-to-own models.

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automotive
industry-news

Expanded auto repair financing options gain traction - Automotive News

New auto repair financing tools are helping service centers close more deals as vehicle owners struggle with rising maintenance costs.

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furniture
industry-news

Rent-A-Center agrees to acquire Acima Holdings for $1.27 billion cash - Furniture Today

Rent-A-Center’s $1.27B deal to buy Acima signals a new era of dominance in virtual lease-to-own options for furniture retailers.

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general
industry-news

LendingClub becomes first fintech to buy a US regulated bank - FinTech Futures

LendingClub’s acquisition of Radius Bank creates a more stable, lower-cost financing partner for merchants and their customers.

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general
industry-news

Deluxe agrees $625m acquisition of payment processor Celero

Checkbook giant Deluxe acquires Celero Commerce for $625 million to bolster merchant payment and financing capabilities for small businesses.

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general
industry-news

Nordic Capital acquires Liberis to merge with Qred to create SMB finance platform

Nordic Capital merges Liberis and Qred to scale embedded finance solutions for small business operators.

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automotive
industry-news

Big Deals, Big Consequences: How some deals went very wrong

A cautionary tale of how a single dealership's collapse triggered a $40 million lender bankruptcy and industry-wide fallout.

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home-improvement
industry-news

Bed Bath & Beyond to acquire real estate platform for $53M

Bed Bath & Beyond moves upstream into home financing and real estate to capture consumers at the start of the home-buying journey.

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general
industry-news

Santander-Webster deal gets OCC approval

Santander's acquisition of Webster Bank gains regulatory steam, signaling a potential shift in the consumer lending landscape.

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general
industry-news

Deluxe makes $625M acquisition

Deluxe pivots toward a digital-first future by acquiring payments processor Celero for $625 million.

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general
industry-news

Lenders ramp up scam defenses to confront elder fraud

Lenders are increasing scrutiny and fraud detection for senior citizens, potentially adding friction to high-ticket point-of-sale financing.

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general
industry-news

Three regional banks, three different layers of the financial stack

See how Citizens, Truist, and KeyBank are evolving to power the next generation of merchant-led consumer financing and embedded credit.

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general
industry-news

Mollie commits €350 million to European expansion

Mollie goes all-in on Europe with a €350 million expansion, offering retailers easier access to cross-border payments and merchant capital.

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general
industry-news

JPMorgan, BofA, others challenge the BNPL space

Big banks like Chase and BofA are launching installment payment tools to challenge BNPL giants like Affirm and Klarna.

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general
industry-news

PayPal winds down venture unit

PayPal shutters its VC arm to focus on core checkout and Buy Now, Pay Later features for merchants.

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general
industry-news

Santander Gets OCC Nod to Fold In Webster Bank

Santander’s acquisition of Webster Bank nears completion, signaling a potential expansion of consumer financing resources for retailers.

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general
industry-news

PayPal Weighs Shutdown of Venture Capital Arm in Corporate Overhaul

PayPal scales back venture capital investments to prioritize core payment products and consumer financing tools.

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general
industry-news

PayPal's shake-up reaches its investment unit

PayPal evaluates its venture capital arm as the company pivots to focus on core payment processing and merchant credit profitability.

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general
industry-news

Karta Raises $140 Million for Credit-Invisible Travelers’ Card

Karta secures $140M to expand credit access for 'invisible' consumers through alternative data and lifestyle-focused financing.

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general
industry-news

Santander scores OCC approval on pending Webster acquisition

Santander's acquisition of Webster Financial’s equipment unit gets a green light from the OCC, signaling further consolidation in the lending space.

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automotive
industry-news

CarMax Revenues Climb as CEO Calls for Digital Tune-Up

CarMax hits $8B in revenue as it prioritizes digital-first financing tools to combat high interest rates and drive sales.

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general
industry-news

Banks bring BNPL rivalry

Traditional banks are challenging fintech giants by launching their own BNPL tools, offering retailers more stable and trusted financing options.

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general
industry-news

UAE grants Revolut two full payments licences

Global fintech giant Revolut secures UAE licenses, signaling a major expansion of digital payment and financing competition in the Middle East.

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general
industry-news

Barclays to buy kid-focused financial literacy app GoHenry

Barclays acquires GoHenry’s EU business, signaling a move by major lenders to capture Gen Z and Gen Alpha consumers through early financial literacy tools.

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general
industry-news

Zilch appoints Microsoft Emea chief Clare Barclay to board

Zilch adds Microsoft EMEA chief Clare Barclay to its board, signaling a massive push into AI-driven consumer financing and future market expansion.

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general
industry-news

Klarna embeds in Bolt mobility app

Klarna moves into ride-hailing through a Bolt partnership, signaling the expansion of BNPL into daily transportation and delivery services.

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general
industry-news

How Revolut is building an international "super app of finance"

Fintech giant Revolut targets global 'super app' status, merging lending, payments, and loyalty into a single customer experience.

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general
industry-news

Jury awards former Ameris employee $80 million in termination suit

A massive $80M judgment against Ameris Bank over the termination of its equipment-finance chief may signal shifts for the merchant lender.

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general
industry-news

Bank of America's latest anti-fraud weapon: the 'scaminar'

Bank of America launches in-person 'scaminars' to rebuild consumer trust and combat high-tech financial fraud at the branch level.

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general
industry-news

Fiserv’s new CEO retains team

Fiserv secures its leadership team, signaling a period of strategic stability for Clover users and merchant payment processing.

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general
industry-news

Neobank Current raises $80 million, reports growth

Digital bank Current secures $80M in funding and nears profitability, signaling a stable future for fintech-driven consumer spending.

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general
industry-news

Amex digs deeper into restaurants by buying TheFork

Amex's $700M acquisition of TheFork shows lenders are trying to capture your customers before they even reach the point of sale.

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general
industry-news

Nuvei confirms $2.75bn Payoneer acquisition

Nuvei’s acquisition of Payoneer promises a more streamlined, global checkout experience for high-ticket retailers and cross-border merchants.

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general
industry-news

What Nuvei can get for its $2.75 billion Payoneer acquisition

Nuvei’s $2.75 billion deal to buy Payoneer creates a global payments powerhouse, streamlining cross-border transactions and financing for merchants.

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general
industry-news

Fiserv replaces outgoing CEO Lyons with Takis Georgakopoulos

Former JP Morgan payments chief takes the helm at Fiserv, signaling a push for more integrated merchant financing and point-of-sale technology.

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general
industry-news

What Michael Lyons' surprise departure means for Fiserv

Fiserv names new CEO with deep payments expertise, signaling a push for more integrated merchant financing and checkout tech.

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general
industry-news

Nuvei to buy Payoneer for $2.75B

Nuvei’s $2.75 billion acquisition of Payoneer aims to simplify global commerce and cross-border payment flows for merchants.

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general
industry-news

Nuvei to buy Payoneer for $2.75B

Nuvei’s $2.75 billion acquisition of Payoneer aims to simplify international sales and payouts for global retailers.

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general
industry-news

Fiserv CEO exits after rocky year

Fiserv names former Clover leader as CEO, signaling a shift toward more integrated merchant technology and point-of-sale financing tools.

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general
industry-news

Truist taps Fiserv chief Lyons as next CEO

Truist names fintech veteran Mike Lyons as CEO, signaling a push for modernized digital lending and merchant payment technology.

Original
industry-news

This Week in Consumer Financing: AI Lowers Delinquency as Lenders Rebrand

AI-driven underwriting cuts losses in auto and home improvement, while major players like LendingClub and Splitit undergo massive structural shifts.

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general
industry-news

APP fraud back on the rise as crooks stole £1.3bn in 2025 - UK Finance

New data shows a sharp rise in payment fraud, totaling £1.3bn in losses and threatening to add friction to the digital checkout experience.

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general
industry-news

Current raises $80m

Current secures $80M in Series E funding, signaling a stable and growing market for mobile-first consumer financial tools and credit access.

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general
industry-news

Fintech startup Upgrade valued at $7.3 billion in new funding round - CNBC

Fintech lender Upgrade hits a $7.3B valuation, signaling a shift toward installment-based credit models for mainstream consumers.

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automotive
industry-news

Executive shuffle: Notable industry changes in 2022 - Tire Business

Strategic leadership changes at Okinus Credit Solutions may signal new directions for tire retail financing programs.

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general
industry-news

By 'virtualizing' rent-to-own purchases, Utah's Progressive Leasing is leading its field and makes more than $1 billion a year - The Salt Lake Tribune

Progressive Leasing proves the massive merchant value of 'no-credit-needed' digital financing with over $1 billion in annual revenue.

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general
industry-news

Progressive Leasing Expands With New Headquarters' Groundbreaking - PR Newswire

A major expansion for Progressive Leasing signals long-term stability and increased support resources for Lease-to-Own merchant partners.

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general
industry-news

Lease-to-Own Firm FlexShopper Files Bankruptcy After Firing CEO - Bloomberg.com

Lease-to-own provider FlexShopper enters Chapter 11; retailers should audit their secondary financing stacks to avoid service disruptions.

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furniture
industry-news

Snap reports growing demand for retail finance - Furniture News

Snap Finance reports a surge in retail financing demand, highlighting a massive opportunity for furniture retailers to capture credit-challenged shoppers.

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general
industry-news

Wells Fargo to end sales goals for retail bankers - CNBC

Wells Fargo shifts from sales quotas to service metrics, signaling a cultural change that could impact how your customers manage their credit and financing.

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general
industry-news

Wells Fargo reveals the latest on how its retail banking business is doing - CNBC

Wells Fargo is tightening its grip on consumer credit, signaling that retailers should prepare for more cautious lending and stricter approval bars.

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general
industry-news

Splitit Goes Private, Motive Partners Acquires Controling Stake - Finovate

Splitit secures its future with a $50M investment and a move to private ownership, promising more stability for merchant partners.

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general
industry-news

Splitit Names Fiserv Exec Nandan Sheth as CEO - PYMNTS.com

Splitit signals a push into enterprise-level retail partnerships with the appointment of payments veteran Nandan Sheth as CEO.

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general
industry-news

Amazon, Walmart and Target Clash in June Sales Events

Major retailers shift peak summer sales to June, putting the spotlight on point-of-sale financing as a tool to capture early-season spend.

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furniture
industry-news

Sleep Number files for bankruptcy, inks merger deal

Sleep Number's bankruptcy marks a major shift in the bedding industry, signaling a need for retailers to fortify their financing and sales strategies.

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general
industry-news

Barclays to acquire GoHenry, expand youth financial education offering in UK

Barclays acquires youth fintech GoHenry, signaling a long-term play for the next generation of digital-first consumers.

Curated
general
industry-news

Canada's Koho hits unicorn status and targets banking license

Canadian fintech Koho secures $130M to chase a federal banking license, signaling a shift toward more stable and diverse consumer credit options.

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automotive
industry-news

JPMorgan, Barclays, Fifth Third’s Tricolor suit dismissed

A federal judge dismissed a lawsuit claiming major banks missed a massive 'double-pledging' fraud scheme by an auto lender.

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general
industry-news

How a Nuvei-Payoneer merger would build business

A Nuvei and Payoneer merger could simplify the merchant tech stack by combining B2B payments with consumer-facing checkout tools.

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general
industry-news

Satispay targets €120 million financial raise

Italian fintech unicorn Satispay eyes €120M raise, signaling a push for lower-cost payment alternatives for European retailers.

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general
industry-news

Pagaya sues Klarna over alleged trade secret misappropriation

A major lawsuit between Pagaya and Klarna highlights the high-stakes battle over AI underwriting technology in the BNPL sector.

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general
industry-news

Pagaya sues Klarna over alleged trade secret misappropriation

A new lawsuit claims Klarna misappropriated AI underwriting technology to boost its internal capabilities, signaling friction in the BNPL industry.

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home-improvement
industry-news

Figure to buy AI-powered real estate lending platform Kiavi

Figure’s acquisition of Kiavi combines AI-driven technology with home equity lending to speed up financing for residential property projects.

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home-improvement
industry-news

Housing Advocates Call on Congress to Address Affordable Housing

Housing pros lobby Congress for affordability measures that could unlock new demand for home renovation and financing.

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general
industry-news

Bolt loses leaders

Executive departures at checkout provider Bolt signal a strategic shift toward AI, potentially impacting merchant support and platform roadmaps.

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general
industry-news

Adyen taps North America chief

Adyen appoints new North America head, signaling a push for more competitive merchant payment and integrated financing tools across the U.S.

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home-improvement
industry-news

Home-Improvement Financing Volumes Hold Steady Despite Rate Pressure

HVAC and roofing financing volumes remain resilient against high rates.

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jewelry
industry-news

Jewelry Financing Surges Into Engagement Season

Engagement-season financing applications up double digits year over year.

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home-improvement
industry-news

Power Home Remodeling Expands to Raleigh-Durham, North Carolina

A dominant force in exterior remodeling brings its high-volume, financing-first sales model to the North Carolina market.

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tutoring
industry-news

Tutoring Financing Programs Expand Ahead of Back-to-School

Test-prep and tutoring providers add financing partners ahead of fall enrollment.

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home-improvement
industry-news

Franchise and Dealer Opportunities 2026: Opportunities to Grow and Specialize

Specialized home improvement franchises are leveraging integrated financing to drive 2026 growth, pressuring independents to modernize their lending tech.

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medical
industry-news

Elective Medical Financing Sees Renewed Demand

Cosmetic, dental, and vision financing applications climbing.

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general
industry-news

Affirm Targets Card Networks With Broader Payments Push

Affirm eyes credit card dominance by pivoting from a niche checkout tool to a full-scale daily payment network.