PayThink is focused on the rapidly changing, inter-connected markets of debit, credit, mobile, prepaid and digital payments. As the payments industry strives for faster innovation to launch new products ahead of competitors, PayThink provides insight from market participants and innovators leading the way. PayThink is designed for executives looking to stay relevant in the ever-changing payments ecosystem by finding and honing their competitive edge.
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Reading Cooperative Bank and Queensborough National Bank and Trust are among those that see value in being close to fintech startups.
January 5
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Jonathan McKernan, a member of the Federal Deposit Insurance Corp. board, voiced concerns about the growing influence of Vanguard, BlackRock, and State Street on publicly-traded banks, suggesting regulators should more actively review their interactions.
January 5
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Southern Bancorp in Little Rock, Arkansas, plans to put $250 million in equity capital it received from the Treasury Department to good use making mortgages and acquiring banks.
January 5
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These executives have taken charge at firms like PayPal, Discover and Early Warning Servcies during a volatile time for the entire industry.
January 5
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The use of digital wallets to finance the Hamas attack on Israel highlights the need for tighter controls on the transfer of cryptocurrencies.
January 5
Silent Eight -
Rep. Blaine Luetkemeyer, R-Mo., was seen as a frontrunner to replace outgoing Rep. Patrick McHenry as the top Republican on the House Financial Services Committee before his announced retirement from Congress Thursday afternoon.
January 4
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In comment letters to the Consumer Financial Protection Bureau concerning its proposed rule to allow consumers to share their banking data with third-party providers, banks worry about implementation costs while fintechs fear the rule will stymie innovation.
January 4
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One of the smallest banks in the country hasn't consistently made a profit since 2007 and has been the subject of enforcement actions. The FDIC's public rebuke against it indicates a last-ditch effort to figure out a less messy solution than receivership.
January 4
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