Last month we bid farewell to Jim Daly, Credit Card Management's editor for the past nine years. This month I am pleased to introduce Jim's successor, Jeff Green. Jeff is a journalist with 20 years of business-to-business experience, the last nine of them with Thomson Media. Over the past four years Jeff worked closely with Jim writing and editing Credit Card Management's monthly Debit Card Report.
For the past five years Jeff has worked as editor of our weekly newsletter, ATM&Debit News, and he also was the driving editorial force behind our newest newsletter, ISO&Agent, that launched last summer. Before joining Thomson, Jeff spent nearly 10 years as a staff writer at American Hospital Publishing Inc., then the for-profit publishing arm of the American Hospital Association.
Above all Jeff is a dedicated and professional journalist who will continue to deliver the balanced and objective reporting that executives in the payments industry have come to expect.
Another new name on the masthead is that of Don Davis, who recently was promoted to group editor. Don has been the long-time editor of Credit Card Management's sister publication Card Technology. In his new role, Don will have editorial oversight of all the products in the Payments Group, including Credit Card Management, Card Technology, Collections & Credit Risk, and the group's newsletters, directories and Web sites.
Still another change on the masthead is the appearance of our company's new name, SourceMedia, in place of the old one, Thomson Media. Following through on its publicly stated goal of divesting its business-to-business publications, Thomson Corp. last fall sold Thomson Media to Investcorp, a private-equity firm that manages $8.6 billion in assets. Investcorp's executives have made clear their goal is to grow this business, and we look forward to growing with them. Our commitment to quality journalism remains unchanged.
At the same time, we see the card and payment industries going through a period of tremendous change, and the coming months will hold more changes for Credit Card Management. We are working on a front-to-back redesign of the publication that will enable us to better report on the forces shaping the industry. We also are working on a new product, CardLine Europe, which will be introduced in March.
Please let us know how we are doing and how you like the changes we are making to improve Credit Card Management. You can e-mail me at andrew.rowe
On a sad note, Credit Card Management's creative director, Rosemarie Galioto, passed away on Jan. 12. Never one to be rattled under pressure, Rosemarie's creative mind found ways to enliven even the most routine topics. We extend our condolences to Rosemarie's husband John and daughter Lauren, and assure them that we, too, will miss her warmth and wit.
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Threat group ShinyHunters claimed responsibility for the attack, which reportedly targeted third-party platforms rather than Betterment's own systems.
February 6 -
Artificial intelligence developments are stoking investor fears about software companies. Banks' limited exposure to the sector and general stability is proving attractive to investors.
February 6 -
Prosperity Bancshares finalizes the second of three acquisitions it's announced since July; Sumitomo Mitsui Banking Corporation appoints a new chief information security officer for its American operations; Huntington Bancshares, Third Coast Bancshares and Heritage Financial completed acquisitions; and more in this week's banking news roundup.
February 6 -
Fintech and crypto groups said in comment letters to the Federal Reserve that the proposed "skinny" master account is too limited and could keep firms dependent on banks. Banking groups asked for more time to comment.
February 6 -
Federal Reserve Vice Chair Philip Jefferson said in a speech Friday that long-term productivity gains brought on by artificial intelligence could compel the central bank to maintain higher rates to keep prices stable.
February 6 -
While the e-commerce giant has deemphasized the technology, banks and payment firms are testing the biometric option.
February 6





