Among opportunities to be offered to the program's fifth class of startup entrepreneurs are bank-provided mentorships and sessions with technology leaders and regulatory experts within home finance.

Argyle, which helps lenders verify income and employment data, completed a $30 million funding round led by a Rockefeller Capital Management innovation fund, bringing its funding since the firm's formation to more than $100 million.

The Consumer Financial Protection Bureau provided guidance about digital intermediaries and lead generators that accept payments to steer borrowers to financial products.

A new generative artificial intelligence tool from Ncontracts can assist in summarizing lengthy agreements with fintech partners and identifying important clauses.

The San Francisco-based electronic signature company's chief executive Allan Thygesen announced Tuesday that roughly 400 employees across the company were being let go as part of restructuring for the 2025 fiscal year.

The Detroit-based company named Andreesen Horowitz partner and fintech entrepreneur Alex Rampell as an independent director, following the launch of artificial intelligence initiatives late last year.

The former Airbnb executive Jonathan Mildenhall steps into a newly created role, overseeing communications for all business lines at the Detroit-based company.

The industry is embracing growth by hiring and implementing artificial intelligence tools in the face of significant headwinds.

Leaders at the helms of organizations like Georgia United Credit Union, BayPort Credit Union, Blend Labs and more are adapting products such as "soft check" credit scoring, artificial intelligence-powered bots to streamline application reviewal and more.

The neobank is also benefiting from its product diversity.

CEO Scott Sanborn said it's unclear when demand from banks to buy the fintech's loans will return.

Figure, Oportun and Brex are among the fintechs that have dropped their applications for a banking charter.

While policymakers have warned lenders they will be on the lookout for potential fair lending violations, the lack of current rules means many companies are trying to determine best practices on their own.

The group represents the fourth class of startups in the history of the program and the first since the home lender's merger with New York Community Bank late last year.