Somya Patnaik

Senior product manager

Somya Patnaik is senior product manager at ACI Worldwide.

Digital payments

UPI will push India over the digital payments finish line

The system has made it easier for mobile wallets and other technology providers to enter India's payments market, and will push the next steps toward real-time payments and cash reduction, says Somya Patnaik, senior product manager at ACI Worldwide.

By Somya Patnaik

July 18

TRENDING

Consumer lending

After loss at Supreme Court, payday lenders vow to keep fighting CFPB

The payday loan industry is looking to extend its years-long legal fight with the Consumer Financial Protection Bureau. It's planning to ask a federal appeals court to revisit a ruling that upheld a proposed limit on how often payday lenders can try to pull money from their customers' accounts.

By Polo Rocha

May 17
Industry News

Another top NYCB executive hits the road as overhaul continues

New York Community Bancorp hasn't said who will replace Chief Operating Officer Julie Signorille-Browne, who is resigning amid a management shake-up.

By Catherine Leffert

May 17
Ginnie Mae

Calls for Ginnie Mae modernization mount after FSOC report

A recommendation to give Ginnie Mae expanded authorities is drawing focus in the reactions to a Financial Stability Oversight Council report on nonbank risks.

By Bonnie Sinnock

May 17