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- Aflac Says Cybersecurity Incident Involved Personal Information of 22.65 Million PeopleInsurance company Aflac said personal information associated with 22.65 million people was impacted by a cybersecurity incident within its U.S. business that the company reported in June. The company determined the number of affected people after reviewing the potentially impacted files, it said in a Friday (Dec. 19) press release. “Following detection of the […] […]
- Tanger CEO Stephen Yalof Says Holiday Shoppers Seek ValueHoliday shoppers are willing to spend but are looking for value, Tanger CEO Stephen Yalof told CNBC Tuesday (Dec. 23). Retailers at Tanger’s outlet centers are catering to this demand with promotions and are gaining traffic and sales, Yalof said, according to a CNBC report. “Retailers are discounting to meet the consumer, and the […] […]
- Prediction Markets Leveraged CFTC Oversight to Go Mainstream in 2025Who could’ve predicted the run that prediction markets have had in 2025? These novel platforms, which let participants trade contracts tied to the outcomes of real-world events, entered a decisive phase of commercial and regulatory expansion over the past year. Formerly forced offshore, 2025 saw an influx of U.S.-accessible platforms take advantage of the […] […]
- Seekr and Stephano Slack Develop AI Agents for Financial Data ExtractionArtificial intelligence (AI) solution provider Seekr and Wayne, Pennsylvania-headquartered regional accounting firm Stephano Slack have partnered to build AI agents for financial auditing and advisory services. The collaboration started with advanced 401(k) plan auditing and financial data extraction, and it will grow across other core advisory and audit workflows, the companies said in a […] […]
- Olea Raises $30 Million to Expand Trade Finance PlatformTrade finance platform Olea Global has raised $30 million in new funding. The company’s Series A round, announced by the Singapore-based startup last week, was led by BBVA and will help Olea invest in artificial intelligence (AI) driven analytics, Web3 readiness and expertise in areas such as embedded finance. ‘This funding marks an important […] […]
- 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 […]