BNPL lender Affirm inks fresh forward-flow deal with Sixth Street
Affirm partners with Sixth Street to sell its buy now/pay later loans to the investment firm; Associated Banc-Corp promotes Steven Zandpour to deputy head of consumer and business banking; Visa Direct speeds up its money transfers; and more in this week’s banking news roundup.
Richard Parsons, who chaired Citi during financial crisis, dies at 76
The executive dubbed "Captain Emergency" stabilized ailing companies such as AOL Time Warner and Dime Savings Bank before being named chairman of Citigroup in 2009.
Gen Z, millennials drive BNPL growth this holiday season
Improved consumer confidence helped to drive greater use of buy now/pay later as younger generations turned to short-term installment options.
Banking’s big moves in 2024: Fed cuts, mergers and Trump
This year saw the impact of Donald Trump's return to the White House, the first rate cut from the Federal Reserve in roughly four years and more.