Tricolor bankruptcy contributes to $170M in Q3 charge-offs at JPMorgan Chase
The collapse of subprime auto lender Tricolor contributed to $170 million in charge-offs in the third quarter for JPMorgan Chase,...
First Northern Credit Union improves lending experience with AI
First Northern Credit Union is implementing AI-driven financial calculators this month to improve the lending experience. The $336 million, Chicago-based credit...
Inside Capital One Auto’s innovation, patent strategy
Big banks are positioning themselves as technology companies — and they have the patent portfolios to prove it. Investments in...
TD Auto Finance’s portfolio rises 1.6% YoY in FY Q3
TD Auto Finance's originations and portfolio grew in the bank's third quarter, while the company also invested in additional anti-money...
Senate strikes One Big Beautiful Bill’s attempt to cut CFPB funding to 0%, AFSA says
The U.S. Senate reportedly slashed the provision to drop the Consumer Financial Protection Bureau’s funding to 0% from 12% in...
CFPB X account ‘doesn’t exist’ anymore
The Consumer Financial Protection Bureau’s X account is gone. “This account doesn’t exist,” reads social media platform X, formerly Twitter, on what used to...
U.S. Bank names Gunjan Kedia CEO
U.S. Bank has named Gunjan Kedia chief executive, effective April 15. Kedia will succeed CEO Andy Cecere, who will serve as executive chairman and...
Skyla Federal Credit Union speeds up digital onboarding by 70%
Skyla Federal Credit Union switched consumer loan operating systems in July to meet growing demand for digital loan applications. “We are...
