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- Coupang Faces Class Action Lawsuit Alleging Violations After Data BreachCoupang faces an investor class action lawsuit alleging that it violated securities laws after a data breach. The lawsuit was filed in California and alleges that the eCommerce company, which is operates globally and is South Korea’s biggest online retailer, misled investors about its data security practices and failed to disclose the breach in […] […]
- 21 States Sue Trump Administration, Alleging Illegal Defunding of CFPBTwenty-one states and the District of Columbia sued the Trump administration Monday (Dec. 22), aiming to stop what they said is illegal defunding of the Consumer Financial Protection Bureau (CFPB). In their complaint, the attorneys general allege that CFPB Acting Director Russell Vought is attempting to completely defund the agency by refusing to request funding from […] […]
- The 2025 Upgrades That Pushed Treasury to the Center of the EnterpriseWhen leaders outside of finance think of treasury management … they typically don’t. For much of its history, the enterprise treasury function has been taken at face value as something operational, essential and largely invisible. But, as 2025 proved, that mindset is coming to an end. Looking ahead to 2026, treasury has come to […] […]
- Bank of America Says AI Increasingly Contributes to US Economic GrowthBank of America expects artificial intelligence (AI) to have a growing effect on the economy next year and beyond. Speaking Monday (Dec. 22) with Bloomberg Television, Bank of America CEO Brian Moynihan said that AI had an increasing impact this year and that it will accelerate in the coming years. Moynihan said this while […] […]
- Retailers Turn to AI and Robotics to Keep Holiday Fulfillment on TrackAs peak holiday demand stretches supply chains to their limits, global retailers like Amazon, Walmart and Target are leaning heavily on artificial intelligence (AI) and robotics to move goods faster, reduce errors and protect workers from physically demanding tasks. What was once experimental technology has become core infrastructure, reshaping how companies handle seasonal surges across […]
- 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 […]