Artificial-intelligence leaders calling for a slower, safer pace of development face a difficult reality: no individual company can meaningfully decelerate the technology race without risking a competitive disadvantage. For creditors, collection agencies and other financial-services firms adopting AI, the debate ...

Mastercard is expanding its push into agentic commerce with a payment option that lets consumers give AI agents virtual cards and authorize them to make online purchases on their behalf. Through Mastercard Agent Pay, users can set spending limits, restrict ...

By Joseph Reilly, Lori Sommerfield, Chris Willis, Taylor Gess & Lane Page on September 11, 2026 POSTED IN ALL ENTRIES, FAIR LENDING, MORTGAGE LENDING, SERVICING + BANKING, STATE ATTORNEYS GENERAL As we reported in December 2025, New Jersey’s Division on ...

Artificial intelligence is giving banks, credit unions and lenders a far more complete view of the circumstances behind a customer interaction. The technology can connect signals across transactions, payment behavior, service history, communication preferences and other permitted data sources to ...

Chime’s agreement to buy longtime partner Stride Bank for $590 million is a bid to stop renting the regulated infrastructure behind its consumer accounts. But the purchase also moves the fintech closer to the costly, capital-intensive and highly supervised world ...

By Credit and Collection News Staff Credit Acceptance Corporation has reached a sweeping multistate resolution with the New York Attorney General and 40 additional attorneys general, ending a years-long investigation and related litigation over allegations involving the company’s subprime auto-finance ...

House committee advances broad CFPB overhaul that would move the bureau into the annual appropriations process, giving Congress a direct lever over the agency’s budget and agenda. WASHINGTON — A House Republican proposal to move the Consumer Financial Protection Bureau ...

Agora Atlas Corp. has received preliminary conditional approval from the Office of the Comptroller of the Currency to establish Agora National Trust Bank as a federally chartered institution based in New York. The OCC issued Corporate Decision No. 1393 on ...

Nearly 1,000 businesses and trade groups urge a Brooklyn federal judge to reject a proposed interchange-fee settlement, saying limited, temporary relief would come at the cost of broad future legal immunity for the card networks and issuing banks. A proposed ...