- Revolut Drops US Bank Buyout Plan, Eyes Standalone OCC CharterRevolut is shifting its U.S. playbook again. The U.K.-headquartered FinTech has dropped plans to buy an American bank and is now preparing to pursue a standalone U.S. banking license, a move that would give it a clearer path to scale lending and other core bank services in the world’s largest retail finance market. According […] […]
- Gen X Spending Patterns Are Shifting as Costs RiseGen Xers’ new round of penny-pinching could be bad news for consumer spending and the economy. Comprised of around 65 million individuals now age about 46-61, most in their prime earning years, the generational cohort spends more than any other age group. The typical Gen X American spent $96,941 in 2024, $18,000 more than […] […]
- Eight in 10 Small Businesses Want Credit and on Their TermsSmall businesses are sending lenders the message that credit is broadly within reach, so the real fight is over flexibility and control. That was the central theme of the PYMNTS Intelligence report “SMB Growth Monitor: Small Businesses, Big Credit Needs,â€� which drew on a survey of 514 small- to medium-sized business leaders in the […] […]
- December Labor Economy Wage Gains Could Add $32 Billion to GDP, Even as Worker Confidence Lags“Wage to Walletâ„¢ Index: The Divided Recovery: Labor Economy Workers Face an Uncertain 2026â€� is a collaboration between PYMNTS Intelligence, WorkWhile and Ingo Payments. This month’s report examines the financial outlook of the Labor Economy—roughly 60 million U.S. employees who earn about $25 an hour or less and form the on-the-ground workforce that keeps production, […]
- Amazon to Cut 14,000 Corporate Jobs in Second Round of LayoffsAmazon reportedly plans to start laying off about 14,000 corporate workers as soon as Tuesday (Jan. 27). These cuts will be part of the second round of a broader plan to eliminate 30,000 corporate jobs, and they will follow the first round that involved 14,000 layoffs in October, Reuters reported Thursday (Jan. 22), citing […] […]
- Becoming a Successful BrokerARE YOU READY FOR DEBANKED CONNECT MIAMI 2026?! Check out the full agenda for February 12th at the Fontainebleau. There will also be tech demos happening non-stop on the show floor. This event is one you won’t want to miss. REGISTER BEFORE IT’S TOO LATE.
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- Maxim Commercial Capital Grew Team by 21% during 2025New COO and SVP are key to hard asset secured lender’s growth plans LOS ANGELES, CALIF. (Jan. 20, 2026) – Maxim Commercial Capital (“Maximâ€�) announced the addition of Lyndon Elam as Chief Operating Officer and Donald Cosenza as SVP of Business Development while steadily navigating the volatile economy during 2025. Maxim fuels small businesses and […]
- NMEF Reports $1.8 Billion in 2025 Originations Doubling Assets Under ManagementJANUARY 20, 2026, NORWALK, CT – North Mill Equipment Finance LLC (“NMEFâ€�), an independent commercial equipment lender and lessor headquartered in Norwalk, Connecticut, reported $1.8 billion in total originations for 2025, including syndicated volume of $566 million. The record originations resulted in a doubling of assets under management to $2.4 billion. Full-year record originations were […]
- Fintech Small Business Lender Origination Volume SnapshotIt was full speed ahead in 2025. Here’s how the origination volume stats were trending among the biggest fintech small business lenders for the first nine months of last year. Lender First Three Quarters 2025 All of 2024 Square Loans $5 billion $5.7 billion BHG Financial $4.4 billion $3.7 billion Enova $4 billion $3.98 billion […]