Restaurant chains Applebee’s and IHOP will reportedly begin using artificial intelligence (AI) tools for both customer-facing and back-of-house tasks. [contact-form-7] The chains’ parent company, Dine Brands, is rolling out AI to its brands’ 300 franchisees and 3,500 stores, the Wall Street Journal (WSJ) reported Friday (June 20), citing its interview with Dine Brands Chief Information Officer Justin Skelton. “AI is moving quickly, and […]

The debate over regulation of the credit card industry will likely linger no matter what the fate of the Credit Card Competition Act (CCCA) might be.  [contact-form-7] For a while, it looked like the on-again, off-again legislation would be back on, given the fact that it had been included as an amendment to the GENIUS […]

Swedish electric vehicle brand Polestar has gained a $200 million equity investment from PSD Investment, which is an existing investor and is controlled by Geely Holding Group Founder and Chairman Shufu Li. [contact-form-7] “Polestar intends to use the proceeds from the equity investment for working capital requirements and general corporate purposes,â€� the automaker said in a Monday (June 16) press release. The company […]

Humanoid robots could reportedly begin helping assemble Nvidia artificial intelligence servers at a factory in Houston by the first quarter of 2026. [contact-form-7] That is the goal of Nvidia and Foxconn, Reuters reported Friday (June 20), citing unnamed sources. The companies are expected to finalize the deployment within months. It is not clear what type […]

Republicans’ plan to defund the Consumer Financial Protection Bureau (CFPB) as part of President Donald Trump’s tax and spending bill, the “Big, Beautiful Bill,â€� has suffered a setback by the Senate parliamentarian. [contact-form-7] The parliamentarian ruled that this and several other proposals violated Senate rules that require the legislation to include only measures that affect the U.S. budget, the […]

deBanked has migrated the old LendAcademy p2p lending forum it acquired in 2021 to DailyFunder. Due to software compatibility issues, it was frequently offline on deBanked’s servers. It has now been moved to DailyFunder whose software was able to integrate the content somewhat successfully. The LendAcademy forum, launched in 2011, was the most popular p2p […]

Los Angeles, CA – June 17, 2025 – Cloudsquare, a leader in Salesforce MCA and Salesforce lending solutions, has announced the release of its newest Lender API module—this time with Loot, a fast-growing alternative funder known for speed and automation. This API-powered connection is now available within Cloudsquare, the most robust Merchant Cash Advance CRM […]

As more brokers rush to watermark submission documents to minimize the likelihood of their deals being backdoored, FundKite is codifying the trend into policy by partnering with Aquamark. Aquamark, as readers may recall, was recently spotlighted on deBanked for its defensive watermarking technology which enables brokers to stamp documents in a tamper-resistant manner, marking them […]

The CFPB has officially hit the pause button on complying with the small business lending data collection rules. They were supposed to go into effect next month. The Agency, however, announced in April that it planned to rewrite all of the rules and would not enforce them in the interim. Alas, covered parties wondered if […]

Lightspeed may have only done $45 million in MCAs in FY 2025 but the point-of-sale company is continuing to grow that particular lucrative segment of its business conservatively, and possibly far below its full potential. “There is a lot of opportunity. We can move faster if we wanted to,” said Lightspeed CFO Asha Bakshani during […]