Bank of America and Citigroup are reportedly considering offering credit cards with a 10% interest rate in response to President Donald Trump’s demand for a cap on rates. This is one of multiple options that banks are considering, separately, after Trump made that demand, Bloomberg reported Thursday (Jan. 22), citing unnamed sources. Neither Bank of America nor Citigroup immediately replied […] […]

Capital One plans to acquire expense management platform Brex for $5.15 billion.  The companies have signed a definitive agreement, and the transaction is expected to close in the middle of the year, subject to customary closing conditions, Capital One said in a press release.  Richard D. Fairbank, founder, chairman and CEO of Capital One, said in the release that the acquisition will accelerate the bank’s longstanding efforts to be “at […] […]

Microsoft outlined this week how agentic artificial intelligence (AI) robots and vision-enabled agents are already changing in-store operations, customer service and workforce workflows. The shift marks a break from earlier retail AI deployments that focused on analytics dashboards, chatbots or recommendation engines. Microsoft’s strategy centers on moving intelligence directly into frontline environments, where AI […] […]

President Donald Trump sued JPMorgan Chase and CEO Jamie Dimon for $5 billion on Thursday (Jan. 22), alleging that the financial institution debanked him and some of his companies for political reasons in 2021. Trump announced the lawsuit in a post on Truth Social by sharing a link to a Fox Business article about […] […]

If enterprise cybersecurity has a primary fault line, it is the supply chain. That hard truth was underscored by news this month of an alleged cyberattack targeting Luxshare, a Chinese assembly and manufacturing business used by some of the world’s biggest tech companies and embedded into the global electronics supply chain. The criminals responsible […] […]

ARE 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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New 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 […]

JANUARY 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 […]

It 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 […]