DALLAS - (04/05/06) -- FLS Services Inc. said it has signedwith Teres Solutions, Inc., to offer Teres' SAIL indirect loansoftware to its more than 30 credit unions customers. Under thedeal, FLS will also standardize its hosted lending automationsoftware automation offerings on the SAIL software platform. FLS'scredit union customers will receive licensing discounts as part ofthe agreement.
Plaintiffs allege the banks failed to safeguard names, Social Security numbers and account data after a breach at a vendor neither bank has named.
The payments giant is counting on the FIFA World Cup this summer for windfalls in its consumer and commercial businesses. Long-term, agentic commerce is creating a whole new ecosystem to which Visa can attach itself, Visa CEO Ryan McInerney said on a call with analysts.
For the Denver-based parent company of Sunflower Bank, the first quarter of 2026 was not entirely sunny. Loans grew dramatically, but so did charge-offs, with the lender charging off two credits worth more than $10 million.
The investment firm's Alternatives division comprised a majority of the online lender's $60 million Series C funding round.
While stablecoins aren't widely used for payments, banks still have a role to play in leading the market.
Celtic Bank is the latest large Small Business Administration lender to turn to an AI origination platform for smaller-dollar loans. Live Oak Bank, which has been piloting the same platform, says it's poised for big growth in the same segment.
