U.S. INDUSTRY

U.S. Financial Services News

This section covers financial services in the United States as an industry — banks, insurance companies, asset managers, fintechs and payment companies as organizations, and the regulatory environment that governs them. Reporting takes in earnings, strategy and the policy conditions shaping the sector.

Affirm to Pilot Edge Lending Product in 2027

Affirm to Pilot Edge Lending Product in 2027

The buy-now-pay-later company plans to offer its credit product through bank and credit union mobile apps, starting with a pilot in the first half of 2027.

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Quarterly earnings, merger announcements, regulatory actions, fintech funding and the product and pricing decisions that affect consumers and institutional clients are the recurring subjects in this coverage. New York, Los Angeles, Chicago, Houston and Phoenix are home to the headquarters and major operations of the country's largest financial institutions, and news from those markets drives the national coverage of the sector. Bank regulation generates a sustained coverage thread that runs between earnings cycles, since supervisory actions, capital requirements and legislative changes each produce their own reporting arcs. Fintech and the competitive pressure it places on traditional institutions has become a standing secondary subject, producing coverage of both the challengers and the incumbents' responses.