Edwardsville, Ill.-based Scott Credit Union plans to combine with Lake Forest, Ill.-based Consumers Credit Union in a transaction that would create a $6.46 billion credit union serving more than 424,000 members. The proposed merger, announced Oct. 1, remains subject to ...

CognifAI Assist guides customers in the digital lending and servicing process through voice and visual co-browsing, while ORCA uses 200+ AI agents to orchestrate account-level collections. 60-70% of collection journeys completed autonomously without human intervention, driven by outcome-based models. BENGALURU, ...

Fair Isaac (FICO) has announced plans to cut 15% of its workforce as the credit score provider faces new competitive threats to its business. In a regulatory filing, Fair Isaac said that it will eliminate 15% of its staff, a ...

Anna Gomez, the Democratic member of the United States Federal Communications Commission, has urged the federal agency not to allow robocalls generated with artificial intelligence in the lead-up to the midterm elections in early November. On Wednesday, the commissioner pushed ...

Bank of North Dakota’s Roughrider Coin is the first live use case on the platform, supported by VersaBank, Solana and Fireblocks MILWAUKEE, Oct. 01, 2026 (GLOBE NEWSWIRE) -- Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial ...

A federal judge in the Western District of Virginia has dismissed Telephone Consumer Protection Act do-not-call claims premised on text messages, ruling that texts are not “telephone calls” for purposes of the statute’s private right of action. The court also ...

Eight-year financing can lower monthly payments, but it also increases borrowing costs and exposes consumers—and lenders—to longer-lasting financial risks. For most car buyers, a 96-month auto loan is not a good idea. Although spreading payments over eight years can make ...

The failure of the subprime auto lender has changed expectations for servicing continuity, data validation and collateral control in auto ABS and warehouse lending. One year after Tricolor Holdings’ abrupt collapse, the auto-finance market is rethinking what it expects from ...

Older Americans are showing growing signs of credit stress, with the rate of credit card balances moving into serious delinquency among borrowers age 70 and older reaching its highest level in roughly 15 years. The increase highlights a developing risk ...