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At 27, my daughter earns more than I did at 57. But she still can’t properly clean a coffee machine or remove sticky spills from her kitchen countertops. One of the few regrets I have as a parent is not encouraging her to work a minimum-wage job during her formative years. Rather than scooping ice…
Enova doesn’t want its customer relationships to end when the loan is repaid. That’s the larger ambition behind the lender’s pending acquisition of Grasshopper Bank, Enova CEO Steve Cunningham told PYMNTS CEO Karen Webster. What may look like a familiar play for deposits, funding costs and a bank charter is, in Cunningham’s telling, a chance…
Citi and Singaporean bank DBS completed a transaction via the Swift network to demonstrate that the new rails can operate 24/7. The transaction used tokenized deposits and took just minutes to complete. The test points to a broader shift in how money could move around the global financial system. Companies increasingly operate across time zones…
That order directed Absolute to produce documents tied to two questions: why it amended its credit agreement in 2023 before the plan of arrangement proceeded, and why it agreed to let Crosspoint walk away from the deal if 10% of shareholders voted to dissent. Edenbrook, which filed its first notice of application on March 20,…
On August 3, 2026, the Commodity Futures Trading Commission (CFTC) announced that it had filed and settled charges against UBS Financial Services Inc. (NYSE:UBS), a registered futures commission merchant. The action centered on the firm’s failure to properly oversee the setup and functioning of systems used to monitor transactions for potential money-laundering risks, specifically those involving…
Lease End Best for: Drivers coming out of an auto lease who want to purchase the car without paying dealer fees, whether or not they have positive equity What Sets It Apart: Costs the customer nothing beyond the state’s title and registration fees; paid by a lender referral commission that does not rise…