Upstart is emerging from its nuclear winter, CEO says
The company, a pioneer in AI-based lending, says improvements to its models and long-term commitments from the banks it works with will bring about positive returns in the third and fourth quarters.
China frees US pastor after nearly 20 years of wrongful detainment
China on Sunday released U.S. pastor David Lin, who has been in jail since 2006 in what the State Department has deemed was a wrongful detainment. The now 68-year-old pastor was formally arrested in 2009 for ‘contract fraud’ and sentenced to
New whistleblower claims on first Trump assassination attempt ‘highly damaging’ to Secret Service: Hawley
GOP Sen. Josh Hawley released a wide-ranging report Monday morning detailing the failures of the Secret Service in connection with the first assassination attempt against former President Trump in July, including new whistleblower allegations that are ‘highly damaging to the
Sterling in Michigan to sell bank for $261 million
EverBank Financial in Florida said the deal would give it $900 million of loans and $2 billion of deposits. Should the deal close in early 2025 as planned, it would culminate a long saga for Sterling.
How credit unions are staying relevant in the BNPL space
As member demand for installment payments increases, resource-strapped institutions are looking for outside help. Fintechs offer the service.
Zodiac Gold Announces Conversion of Reconnaissance License into Two New Exploration Licenses Covering 1,899 Square Kilometers in Liberia’s Todi Shear Zone
Zodiac Gold Inc. (TSXV: ZAU) (‘Zodiac Gold’ or the ‘Company’), a West-African gold exploration company, is pleased to announce the successful conversion of its reconnaissance license into two new mineral exploration licenses, covering a total of 1,899 square kilometers within
Citigroup to sell trust services unit to JTC for $80 million
Citigroup Inc. is selling its global fiduciary and trust administration services business to JTC as the U.S. bank's wealth arm focuses more on the likes of wealth planning and investment management.
Harris-Trump showdown: Presidential race rocked by 2nd assassination attempt with 50 days until election
Fifty days until Election Day – and the race for the White House is rocked once again. Two months after former President Donald Trump survived an assassination attempt at a rally in western Pennsylvania, the Secret Service opened fire while Trump
Banks must get serious about measuring and mitigating AI-related risk
Artificial intelligence is going to be integrated into the financial system. So, banks need to be clear-eyed about its potential dangers, and proactive about avoiding them.
Progressives make big play on 2025 tax debate
Progressive groups are rolling out a new coalition this week, for what's expected to be a costly, time-consuming campaign next year over the future of the tax system.