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Call It Alt-Credit Or POS Lending, ‘Buy Now, Pay Later’ Just Got Bigger

PYMNTS

percent annual percentage yield (APY), an optional auto-deposit, no fees or minimums, and security as “Affirm Savings is FDIC-insured and accounts are held by our bank partner, Cross River Bank, member FDIC,’” a statement said. The account comes with 1.30 Leveraging Risk the Right Way.

Lending 130
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Kashkari: Higher Capital Is Better Remedy than TLAC

American Banker

Minneapolis Federal Reserve Bank President Neel Kashkari Monday expanded on his views about the state of financial regulation while casting doubt on the "total loss absorbing capacity" concept for bailing in failed banks.