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When it comes to private student loans, your credit is key. Private lenders typically look for borrowers with good to excellent credit. If you don’t meet that criteria, you usually need a cosigner — someone with good credit willing to take on responsibility for the loan — in order to get approved. That means if you don’t have great credit, or you don’t know anyone who is willing to cosign a loan for you, you could be out of luck. Ascent Funding is different, though. Ascent offers private student loans for undergraduate, graduate and career training students, as well as…

Company Participants Jesse Rose – Head of Investor RelationsSteven Huffman – Co-Founder, CEO, President & DirectorJennifer Wong – Chief Operating OfficerAndrew Vollero – Chief Financial Officer Conference Call Participants Thomas Champion – Piper Sandler & Co., Research DivisionRonald Josey – Citigroup Inc., Research DivisionRichard Greenfield – LightShed Partners, LLCMark Stephen Mahaney – Evercore ISI Institutional Equities, Research DivisionJustin Post – BofA Securities, Research DivisionJohn Colantuoni – Jefferies LLC, Research DivisionJosh Beck – Raymond James & Associates, Inc., Research DivisionAndrew Boone – Citizens JMP Securities, LLC, Research DivisionBenjamin Black – Deutsche Bank AG, Research DivisionJason Helfstein – Oppenheimer & Co. Inc.,…

Key takeaway: Coastal Financial isn’t letting a $68.8 million credit expense created by problems at one of its fintech partners shake its commitment to its 9-year-old banking-as-a-service strategy. Supporting data: The bank’s fee income from its BaaS business totaled $22.9 million through the first six months of 2026.Expert quote: “We are not treating the June 30 accounting actions as the end of the world.” — Coastal Executive Chairman Christopher AdamsA number of small banks that partner with fintechs have run into compliance snags. Coastal Financial is dealing with a different kind of problem in connection with its banking-as-a-service strategy: concentration risk.Processing…

Editor’s Note — This article is sponsored by Grocery TV. As with all sponsored content in Fintech Takes, this article was written, edited, and published by me, Alex Johnson. I hope you enjoy it! If your entire product lives behind a pane of glass that everyone carries in their pocket, how do you stand out?  That’s the core problem for every B2C fintech company competing for customers, and most don’t have a great answer. If you’re an app on someone’s phone, there’s only so much that digital advertising and a good-looking logo can do. So if you’re a B2C fintech…

Key TakeawaysCTA urged the Senate to bring the CLARITY Act to the floor without delay.The group said clear crypto rules would encourage investment and innovation.Ethics protections and stablecoin rewards remain central Senate disputes. Technology Group Presses for Senate Action The Consumer Technology Association (CTA), representing more than 1,300 technology companies, is urging the Senate to advance the CLARITY Act and establish clear federal rules for digital assets. The influential trade group marked its 100th anniversary in 2024. Michael Petricone, CTA’s senior vice president of government affairs, stated on X on July 28 that the House completed its work, industry stakeholders…

In brief Coinbase reported $1.22 billion in second-quarter revenue, and a net loss of $359 million, against an expected $1.29 billion in earnings. Subscription and services revenue totaled $555 million, or 48% of net revenue. Coinbase said its crypto trading market share reached a record 10.3% during the quarter. Coinbase reported $1.22 billion in second-quarter revenue on Thursday, down 14% from the previous quarter, and a net loss of $359 million.Coinbase shares fell sharply in after-hours trading, losing roughly 5% of its stock price, after missing on earnings estimates for the quarter. The company was expected to bring in $1.29…

CleanCore Solutions, a cleaning-products and Dogecoin-treasury company pivoting into AI infrastructure, announced a Minnesota data-center venture whose operating company is a party to a 10-year colocation agreement with AI-compute company Cerebras.The estimated $800 million contract value comes with a $479 million project budget and up to $500 million in commitments from CleanCore, turning the customer win into an immediate capital test.CleanCore holds 79% of the joint venture. Its July 29 Form 8-K schedules a $40 million initial contribution as $25 million on the closing date and up to $15 million, based on budget needs, within four business days.Further calls can…

Strategy (MSTR), the world’s largest corporate bitcoin BTC$65,102.94 holder, reported Thursday an $8.2 billion second-quarter net loss after the cryptocurrency’s price decline erased billions of dollars from the value of its digital asset holdings.The quarterly loss was driven almost entirely by an $8.32 billion unrealized markdown on its bitcoin holdings under fair-value accounting.The company held 843,775 bitcoin as of July 26, up 25% from the start of the year. At current prices, the stash is worth roughly $54.8 billion, compared with an acquisition cost of $63.7 billion.The report came after a period of growing investor scrutiny on the firm over…

Rongchai Wang Jul 30, 2026 23:00 NVIDIA releases nvmath-python v1.0, bridging Python and CUDA-X for high-performance math operations across CPUs, GPUs, and distributed systems. NVIDIA (NASDAQ: NVDA) has officially launched nvmath-python v1.0, its Python library that integrates the power of CUDA-X math libraries with the scientific Python community. Announced on July 16, 2026, the release brings stable APIs and improved support for dense, sparse, tensor, and distributed math workflows. The goal is clear: to make GPU-accelerated computing more accessible to developers without requiring expertise in C++ or CUDA programming. nvmath-python acts as a…

New Zealand consumers found their nerve in July but rising oil prices are probably going to weigh in the next report. The ANZ-Roy Morgan index jumped 8 points to 99.3, a third straight monthly gain that leaves it 19 points off the April trough of 80.3. It’s still 8 points shy of the January peak, and still below the 100 line, but the direction of travel has flipped.The forward-looking piece did the heavy lifting. Future conditions surged to 106.5 from 96.7 — the first read above neutral since February. Current conditions rose 5.3 points to 88.5, which is progress but…