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Zack Scott serves as Management Consulting’s Strategy Lead for Financial Services International at digital consultancy Publicis Sapient, delivering large-scale digital transformation programs across EMEA. Previously, he was Principal at Oliver Wyman within the financial services practice, investment analyst at Hay Creek Hospitality and he’s on the Board of Trustees of Wyman Worldwide Health Partners. 

After being hard-hit financially by the pandemic and the surging inflation that followed, the generation entering adulthood is meshing their love of late-‘90s nostalgia — think cargo pants, bucket hats and disposable cameras — with a dose of old-fashioned frugality.

Ashley D. Bell and Bernice A. King, respectively the CEO and advisory council chair of Ready Life, are teaming up to help folks with poor credit buy a home by using rent payment history for mortgage underwriting.

Jasleen Singh is a reporter at Employee Benefit News.

In global news this week, the EU wants to update open-banking rules, India plans a crackdown on domestic banks' outsourcing, LianLian in China launches a cross-border wallet for U.S. merchants, and more.

The move builds on the government-sponsored enterprise’s previous program that facilitated the collection of more rent payment records from tenants who work with its multifamily borrowers.

Amanda Dolina, CPA, CAPM, is the founder of West Bridge Finance Solutions, a consulting firm specializing in strategic financial and accounting guidance for small and midsized businesses and nonprofit organizations. With extensive experience in implementing robust accounting processes, auditing, consulting, and financial reporting, she provides insights and practical solutions to her clients. She leverages technology to develop metrics and consolidate information, helping organizations of all sizes share and understand key financial data.

The U.K.'s Payment Systems Regulator is reviewing the card brands' fees, and promises to support competition for the U.S.-based companies.

The next generation of Senate Banking Committee Republicans has signed on to the latest salvo by Patrick Toomey — who will soon leave Congress — against the Federal Reserve Bank of Kansas City. That means the master accounts issue will live on.

Bank and financial services supervisors have an affirmative duty to address the deep economic divide facing minorities in the U.S.