With an aim to further augment its point-of-sale (POS) lending business, Truist Financial TFC has inked a deal to acquire Service Finance Company, LLC from Canada-based ECN Capital Corp. for $2 ...

Truist Financial Corporation (NYSE: TFC) today announced that its wholly owned bank subsidiary, Truist Bank, has signed a definitive agreement to acquire Service Finance Company, LLC (Service Finance) ...

The purchase of Service Finance Co. would widen the scope of Truist’s point-of-sale lending business to include financing to homeowners. The Charlotte, North Carolina, bank currently offers loan ...

Embedded finance is changing financial services by integrating lending, insurance and investment options into nonfinancial organizations. It eliminates the need for traditional financial ...

Learn the key differences between embedded finance and banking as a service, how they work together, and what they mean for modern businesses. Financial services are no longer limited to banks. Today, ...