John Adams

Nonfungible tokens, which provide proof of ownership in the digital world, are booming. Payment companies are betting they will require payment rails to fund high-value purchases and attract new customers for loyalty marketing.

When the social network went down, it took its entire commerce platform with it. The incident adds to recent data management snafus, and raises doubts about whether the company can build enough trust to succeed in financial services, according to technology experts.

Card issuers are lobbying Visa behind the scenes to reduce Apple's share of revenue from recurring transactions made on its devices. But the iPhone maker has a track record of warding off threats to its income.

The global chief information officer oversees a team of 50,000 tech professionals worldwide and manages a budget of more than $12 billion.

Clark heads global transaction banking at MUFG Americas Holdings and is Bay Area president of MUFG Union Bank.

Patterson has restructured the legal department's Diversity, Equity & Inclusion Council, adding more roles for the leadership team in an effort to improve diversity in the department.

Executives from banks, credit unions, card issuers and investment firms at American Banker's Card Forum discussed ways the public's embrace of digital transactions and credit alternatives like buy now/pay later is shaping everything from products to business strategies.

Venture capital firms are pouring money into startups whose data-crunching technology — including machine-learning systems that predict funds availability — speed payments and inform credit decisions in e-commerce.

The U.K. challenger bank rescinded its application to become a U.S. bank after pandemic-driven losses.

TD and others are partnering with the money transmitter to respond to the competitive threat posed by startups offering low-value remittances. "Change is going to happen. Real-time payments are coming," a TD executive said at American Banker's Card Forum.