Fintech News
How BNPL Underwriting Split From Card Underwriting in Five Moves
BNPL underwriting runs on soft-pull credit checks, merchant context and per-transaction decisions rather than revolving lines, a split federal regulators have…
Author
William Elliott
Independent editorial contributor covering finance, technology products and digital banking for VUGA Network publications.
Articles by William Elliott
Banking
How Certificates of Deposit Fix Rates and Charge for Early Exits
A certificate of deposit locks a rate for a fixed term, and every 2026 issue prices against the Federal Reserve's target range of 3.50 to 3.75 percent set in…
Fintech News
Treasury Proposes State-Regime Test as GENIUS Act Stablecoin Rules Take Shape
Treasury's April 3, 2026 proposed rule on substantially similar state regimes joins four open GENIUS Act dockets across the OCC, FDIC and NCUA, all pointing at…
Banking
How the Fed Stress Tests Put 22 Banks Through a Recession
The Federal Reserve's June 2025 stress test projected the 22 participating banks' aggregate CET1 ratio falling from 13.4 percent to a minimum of 11.6 percent…
Banking
Why Online Banks Pay More on Savings Than Branch Networks
The FDIC put the national average savings rate at 0.46 percent in February 2024, while the largest online banks kept paying above 4 percent APY.