HomeServices-1000WATT deal aims to turn back-office scale into a consumer advantage
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WEX Says Faster Payments Need Smarter Brakes
The linear model of traditional business payments is breaking apart thanks to embedded payments, instant rails and artificial intelligence (AI). “Payments went from being just a line on a P&L [profit and loss statement] to the thing that can actually drive product roadmaps [and] customer retention,” Ron Griswold, director of strategic alliances at WEX, told PYMNTS during a…
Wildberries: Russia’s Amazon-style giant is in Ukraine’s crosshairs
This photograph shows smoke rising from a fire at the Russian e-commerce firm Wildberries’ logistics complexes in the town of Elektrostal outside Moscow on July 18, 2026. Tatyana Makeyeva | Afp | Getty Images Ukraine has ratcheted up its attacks on Russia’s Amazon-style retail giant Wildberries, signaling a new phase in the war as Kyiv…
Proposed bank capital rules could deepen private credit ties
Key takeaway: A number of proposed changes to bank capital rules could result in a deepening of financial ties between banks and the burgeoning private credit marketplace. Expert quote: “One of the issues with both the opacity and the complexity of private credit lending is getting a full sense of the financing chain, which is…
Fannie Mae reports $4B profit in second quarter as net worth tops $116B
Fannie Mae reported its second-quarter 2026 financial results on Wednesday, with the government-sponsored mortgage giant posting $4 billion in quarterly net income. The figure was up 20% from the $3.3 billion it reported earning a year earlier and 7% from the first quarter’s $3.7 billion in net income. The quarter marked the 34th consecutive period…
FAA halts flights to Newark, Philadelphia because of equipment problem
An equipment outage on Monday delayed hundreds of flights bound for Newark, New Jersey, and Philadelphia and forced close to 70 planes to divert to other airports. As of 1 p.m. ET, the disruptions had spread to New York City, where flights into LaGuardia Airport and John F. Kennedy International Airport were also halted by…
Make sure you know what the rates are before taking a personal loan | Personal Finance
Personal loans are a quick way of raising money for emergencies or even for planned events that may be out of your immediate budget. These could be a family function or a medical emergency, or even just personal use. In such circumstances, a personal loan can be a convenient way to raise funds at short…
