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The pressure is on Senate Democrats after the House passes a funding bill to avert a shutdown Speaker Mike Johnson passed another major test today in the narrowly divided House, muscling through a stopgap funding bill to avert a government shutdown. It puts Senate Democrats in a politically precari

The beneficial ownership information reporting saga continues. The Treasury Department’s Financial Crimes Enforcement Network (FinCEN) said on Thursday afternoon that the March 21, 2025, BOI reporting deadline set last week is no longer in effect, and a new interim final rule to extend BOI reporti

From Bloomberg Law The Trump administration appears to be preparing to transfer employees from the Federal Deposit Insurance Corp. and the Consumer Financial Protection Bureau to the Office of the Comptroller of the Currency as part of a broad reshaping of bank supervision. The OCC has created em

President Trump has named a new CFPB director while the agency faces an uncertain future. Jonathan McKernan, who was until recently a director on the board of the Federal Deposit Insurance Corp. (FDIC), has been tapped by Trump to oversee the Consumer Financial Protection Bureau (CFPB), according t

From Reuters: Jan 29 (Reuters) - Truth Social parent Trump Media and Technology Group (DJT.O), opens new tab said on Wednesday its board of directors has approved the launch of a financial services and FinTech brand Truth.Fi, sending shares of the firm up over 11% in early trading. The company bo

Coincidence that when Capcut gets banned that this happens?? Meta Sunday announced a new video editing app called Edits, after ByteDance’s video editing app CapCut was removed from Apple’s App Store and the Google Play Store as part of the TikTok ban. Instagram head Adam Mosseri (pictured above) sa

Meeting customer needs is an imperative for financial institutions aiming to stay competitive. But innovations often run into the elephant in the room: outdated and incompatible banking tech stacks. Offering financial and payment solutions such as blockchain and stablecoin services isn’t as simple a

• The Consumer Financial Protection Bureau on Friday sued the operator of the Zelle payments network and the three U.S. banks that dominant transactions on it. • The agency alleges that the firms failed to properly investigate fraud complaints or give victims reimbursements. • Zelle said in a sta

Looking for a MCA friendly bank preferably in the Miami area. I have used Metropolitan and IDB before. TIA, Ed.

I have a client needing to purchase tools and equipment for his new business. Any funders out here that can help please message me! Sorry not interested in 0% credit card either.

Story today from CNBC: Key Points • For years, American financial companies have fought the Consumer Financial Protection Bureau in the courts and the media. • Now, with the CFPB on life support after the Trump administration issued a stop-work order and shuttered its headquarters, the agency fin

In what is expected to be its largest attendance yet, The Funders Forum + Brokers Expo is kicking off next week on the 4th with an evening reception then the 5th is the full day. If you haven't purchased your tickets yet there is still availability but don't risk waiting any longer. GET TICKETS

From Forbes: Our tenth annual Fintech 50 list highlights businesses that continue to grow rapidly and adapt even as industry valuations and investment in private fintechs remain depressed. Funding for fintech startups fell for a third consecutive year to $34 billion globally in 2024, down from $42

Sens. Bernie Sanders, I-Vt., and Josh Hawley, R-Mo., introduced a bill on Tuesday that would cap credit card interest rates at 10% − an effort by two lawmakers who rarely see eye to eye. Credit card interest rates refer to the fee a card issuer charges if a consumer doesn’t pay off their credit car

Chinese AI lab DeepSeek provoked the first Silicon Valley freak-out of 2025 after releasing open versions of AI models that compete with the best technology OpenAI, Meta, and Google have to offer. DeepSeek claims to have built its models highly efficiently and quickly (though some are skeptical of

Can anybody do an SBA loan in Nevada for an acquisition?

Can anybody advise which commercial bank(s) are doing new accounts for business lending ?

An IT consultant fatally stabbed Lee, who founded the popular money transfer service, after an argument about the suspect's sister, prosecutors said. A San Francisco jury on Tuesday convicted IT consultant Nima Momeni in the 2023 fatal stabbing of tech executive Bob Lee, a killing that led to conce

Big news late yesterday! No need to file a BOI if you haven't aready done so. WASHINGTON, D.C. (Dec. 3, 2024) – The National Federation of Independent Business (NFIB) applauds today’s decision in the case Texas Top Cop Shop, Inc., et al. v. Garland, et al. at the U.S. District Court for the Eastern

Insights into AI transforming fintech operations and customer experiences, shared at FinTech LIVE London Global Summit 2024 Providing a platform for fintech and AI thought leaders to discuss how the technology is reshaping financial services. A distinguished panel of experts at FinTech LIVE London e

Triller Group Rings the Nasdaq Opening Bell—LFG is Honored to Be Part of the Celebration! Big moves in Times Square! Triller Group Inc. (Nasdaq: ILLR), the powerhouse of entertainment and tech innovation, took center stage at the Nasdaq MarketSite as their leadership team celebrated this mileston

I have a client with a default and a pay off letter makes 50 a month and looking for 20 to 28k. Are the any lenders that would be interested in this file?

From the National Law Review: CTA filings are obligatory again. Most reporting companies have until March 21, 2025 to complete their filings. If you adopted a wait-and-see posture in regard to making your CTA BOIR filings, the wait is unfortunately over. *** Since December 2024, the CTA has been

Key points • PayPal reported better-than-expected fourth-quarter earnings and revenue in its quarterly report on Tuesday. • The company also issued guidance that topped estimates. • Venmo’s total payment volume rose 10% in the quarter from a year earlier. PayPal reported better-than-expected fo

SoFi Technologies’ drive toward cementing its financial services ecosystem status continues — with gains across consumer-focused lending and direct deposits. The data also showed notable momentum in its tech platform, which is geared toward linking banks and FinTechs to various digital banking servi

Plaid’s revenue reportedly rose more than 25% in 2024 as more consumers encountered its tech. In fact, at least half of all Americans used the company’s services in some way, Bloomberg News reported Tuesday (Jan. 14), citing a source familiar with the matter. The report notes that the company’s gr

I have a client that has a brand new business. Entity is 6 months old. That is looking for equipment financing and is open to PG the financing deal. Are there any lenders out there that is able to fund this?

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A former NFL player and his business partner, who were co-owners of a construction business and trucking company, and their bookkeeper face fraud charges after prosecutors claim they engaged in an elaborate scheme to obtain $1.4 million through the Paycheck Protection Program (PPP). On Monday, a fe