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They signal a clear thesis: Intuit is doubling down on owning more of the financial lifecycle, especially for small to midsize businesses (SMBs), where it already holds a strong foothold with QuickBooks

Other traditional banks and payments providers are also testing or considering a deeper involvement with stablecoins, from Standard Chartered to PayPal (PYPL) to Stripe. Money management giant Fidelity Investments has also begun testing its own stablecoin, according to the Financial Times.

Since June 2020, the defendants enriched themselves by defrauding small business owners interested in obtaining financing for their businesses. Through misrepresentations and falsehoods, the defendants promised their victims that in exchange for money provided upfront, the defendants would ultimately extend a loan or line of credit to the victims. In reality, once a victim provided the upfront payment to the defendants, the defendants did not extend financing to the victim.

The SBA is taking steps to strengthen the integrity of its loan programs with the implementation of new anti-fraud measures. These changes are being introduced with the stated support of the Department of Government Efficiency.

This decision ensures that Roglieri will remain in custody at the Rensselaer County jail until his trial this summer, underscoring the...

“We are thrilled to announce the closing of our inaugural corporate note raise" said Gary Katcher, Libertas Executive Chairman and Founder.

And if there’s one thing we’ve learned, it’s this: we only get a few great chances each year to step out of the inbox and into the room...

Governor Youngkin’s decision to veto SB 1252 protects access to safe, responsible credit for hundreds of thousands of Virginians.

According to SBA notice 5000-865758, loans that have not received SBA authorization by 11:59 PM EST on March 26th will be subject to the...

From major job cuts at the Small Business Administration to concerns over market blind spots and a major regulatory reversal on ownership...

"Small businesses are the backbone of the U.S. economy, yet traditional banks often overlook their banking needs. We are building a bank...

“Payment apps like PayPal, Stripe, Cash App, those sorts of things, they would get close to a free ride at the federal level,” said David...

Breaking: CFPB drops 'Zelle' case against JPMorgan, BofA, Wells Fargo

Agentic AI doesn’t just extract data—it interprets it, learns from it, and acts on it. Instead of treating a single number on a pay stub...

The expansion of FaaS presents major challenges for fintech companies and business lenders, as fraudsters use these tools to exploit...

If you’re still thinking about lending in the traditional way—advertising to business owners, hoping they fill out an application, and then