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The Consumer Financial Protection Bureau heard from proponents and critics of buy now/pay later lending amid its probe of five of the most prominent companies in the space.

Digital lending transactions are set to take off. As society advances beyond the disruptions of 2020, there’s an opportunity for digital-friendly financial transactions to accelerate. Shifting to more digital-friendly loan workflows improves any lender’s agility, letting you move faster than ever to attract new business. Across all types of lending—retail, small-medium business, and commercial—borrower expectations have shifted significantly to favor tools that simplify and expedite the lending process.

Esther George, president of the Federal Reserve Bank of Kansas City, says changes in the office sector and monetary policy pose potential risks to property owners and their lenders.

Apple is developing its own payment processing technology and infrastructure for future financial products, part of an ambitious effort that would reduce its reliance on outside partners over time, according to people with knowledge of the matter.

It’s a new business as usual. The pandemic accelerated the need to do business digitally. And, after years of increasing fragmentation of partners and services, there is a movement toward consolidation.

Penny Crosman, Executive Editor, Technology American Banker; Robert Anderson, Partner, FTV Capital; Mariquit Corcoran, Group Chief Innovation Officer, Barclays; Arvind Purushotham, Managing Director and Global Head of Venture Investing, Citi Ventures; Ben Savage, Partner, Clocktower Technology Ventures

The pilot program, which Small Business Administration head Isabella Casillas Guzman called a key tool for prioritizing more equitable access to capital, is getting a two-year extension along with a boost to its maximum loan size.

Thomas Kevin Miller will succeed Barry Nelson, who is retiring in mid-April.

The Federal Deposit Insurance Corp. is the second U.S. regulator to outline strategic planning and other steps banks with more than $100 billion of assets can take to minimize damage from severe weather events and the transition to a low-carbon economy.