OppFi, a nonbank consumer lender, reaches deal to buy a bank
The Chicago-based fintech, which offers high-cost loans, has agreed to acquire the parent company of BNC National Bank. The deal would grant OppFi a national bank charter, which offers a way around state interest rate caps.
Bank groups eye changes to Fed’s relaxed capital plans
Bank groups said that although the Federal Reserve’s eased capital plans are a major improvement over previous versions, the recent proposals still need changes to help avoid risk assessments they say may hinder banks’ ability to boost lending.
Customers sue Citizens, Frost over third-party data breach
Plaintiffs allege the banks failed to safeguard names, Social Security numbers and account data after a breach at a vendor neither bank has named.
Banks need to be at the table in debates over AI agent identification
Banks have a narrow window to shape how agent identity verification works before transaction volumes force ad hoc approaches that will be harder to standardize later.
How the Fed really controls inflation isn’t through rates
Presumptive Fed Chair Warsh isn’t a fan of jawboning, but that is actually, exactly how the central bank gets its point across.
Visa bets on World Cup, agentic AI, to boost earnings
The payments giant is counting on the FIFA World Cup this summer for windfalls in its consumer and commercial businesses. Long-term, agentic commerce is creating a whole new ecosystem to which Visa can attach itself, Visa CEO Ryan McInerney said on a call with analysts.
FirstSun’s charge-offs rise in uneven first quarter
For the Denver-based parent company of Sunflower Bank, the first quarter of 2026 was not entirely sunny. Loans grew dramatically, but so did charge-offs, with the lender charging off two credits worth more than $10 million.
Goldman Sachs invests $50 million in Kashable
The investment firm’s Alternatives division comprised a majority of the online lender’s $60 million Series C funding round.
To lead or not to lead: banks can’t take payments dominance for granted
While stablecoins aren’t widely used for payments, banks still have a role to play in leading the market.
How AI is quickly overhauling one segment of SBA lending
Celtic Bank is the latest large Small Business Administration lender to turn to an AI origination platform for smaller-dollar loans. Live Oak Bank, which has been piloting the same platform, says it’s poised for big growth in the same segment.