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- DOJ Reached Settlement With LivCor Over Alleged Anticompetitive RentsThe Justice Department has reached a proposed settlement with LivCor as part of the department’s drive to halt what it alleged is a scheme among landlords to collaborate on setting rents. The U.S. and state co-plaintiffs filed a complaint against LivCor and five other landlords in January, alleging that they engaged in anticompetitive practices, […] […]
- Jobless Claims Decline by 10,000 Amid ‘No Hire, No Fire’ Labor MarketThere was a decline in initial claims for unemployment together with an increase in insured employment last week. Observers said this combination reflected a continuation of a “no hire, no fireâ€� labor market. During the week ended Saturday (Dec. 20), there were 214,000 initial claims, a figure that was 10,000 lower than the 224,000 […] […]
- China UnionPay Launches Mobile App for TravelersChina UnionPay has launched a mobile app designed to provide one-stop digital services for foreign visitors to China. The Nihao China app offers services related to payment, transportation, daily life and cultural tourism, the company said in a Wednesday (Dec. 24) press release. “The launch of the ‘Nihao China’ app is an important innovation […] […]
- Snowflake in Talks to Acquire Observe to Expand Range of AI OfferingsSnowflake is reportedly in talks to acquire Observe for about $1 billion to expand its range of artificial intelligence (AI) offerings. A deal would add Observe’s observability tools for monitoring applications, including AI apps, to Snowflake’s product portfolio that includes database technology and AI that handles IT tickets, customer service and other workplace tasks, The […] […]
- Crypto Acquisitions and IPOs Surged in 2025, Driven by Trump Administration PoliciesThe number and value of acquisitions and initial public offerings (IPOs) in the cryptocurrency sector surged in 2025, driven by the Trump administration’s favorable stance toward the industry. The number of acquisitions saw a year-over-year increase of 18%, reaching 267, the Financial Times reported Tuesday (Dec. 23), citing data from PitchBook. Notable deals included […] […]
- Indictment in the Small Business Finance Industry’s “Long Running Mysterious Fraud”There has been a major break in the case of the industry’s Long Running Mysterious Fraud, an indictment. Less than a year after deBanked ran a story about a sophisticated scheme employed to steal millions from merchants, funders, and lenders through a network of stolen identities and cryptocurrency exchanges, a criminal complaint was quietly filed […]
- Brokers and Funders – Are You Ready for Changes to California Law Effective January 1, 2026?Bob Gage is a partner in Hudson Cook, LLP’s Michigan office. Kate Fisher is a partner in Hudson Cook, LLP’s Maryland office. https://www.hudsoncook.com/ California has a new law, California S.B. 362, impacting how brokers and funders communicate with merchants starting on January 1, 2026. The new law adds provisions to California’s Commercial Financing Disclosures Law […]
- How Daniela Cano and Nicole Paliobeis Originate More than $100 Million in Funded Deals a YearDaniela Cano and Nicole Paliobeis account for $10 million in revenue-based financing volume every month at Spartan Capital. That’s $120 million annualized. As the top two ISO relationship managers in the company out of eight total, Cano and Paliobeis operate in one of the most pivotal roles in the industry. “It’s extremely fast paced, not […]
- Frankie DiAntonio Announces the Launch of The Lexington Foundation, a New Nonprofit Dedicated to Supporting Families in NeedMiddle Country, NY — Frankie DiAntonio, Founder and CEO of Lexington Capital Holdings and Lexington Estates, today announced the official launch of The Lexington Foundation, a nonprofit organization created to support families in need, beginning in his hometown of Middle Country and expanding globally as the foundation grows. The Lexington Foundation represents a deeply personal […]
- Donald Cosenza, CLFP Joins Maxim Commercial Capital as SVP, Business DevelopmentProven specialty finance executive fills new position to support corporate growth LOS ANGELES, CALIF. (Dec. 16, 2025) – Maxim Commercial Capital (“Maximâ€�) is pleased to announce Donald S. Cosenza, CLFP, has joined the company as Senior Vice President, Business Development. Cosenza brings more than 25 years of senior-level sales and marketing experience at national financial […]