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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For decades, farmers have relied on futures contracts to hedge their risk. The proposed new capital rules will make it more expensive for them to continue with this vital function.
November 13
Kansas -
The bank is adding fintech-style buy now/pay later lending to other recent payment upgrades at its merchant acquiring unit.
November 13
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One large bank accused the former lender of commingling mortgagor payments in its general operating accounts instead of delivering those funds to a lockbox.
November 13
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But high costs and any downturn in the economy could weigh on lenders and their commercial borrowers in coming months, economists caution.
November 12
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E. Kingston Koser has been in the insurance industry for over two decades, with the past 19 dedicated to improving the insurance regulatory compliance process. As Rhoads Vice President of Strategic Services, Koser seeks to find innovative solutions to complex insurance regulatory problems. He is also responsible for managing relationships with Rhoads affinity partners and oversees the day-to-day operations of Rhoads' managed services team. Previously, he worked in various leadership positions at the National Insurance Producer Registry, most recently as business development director.
November 11
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City National Bank has tapped Howard Hammond, a 17-year veteran of Fifth Third Bancorp, as CEO of the Los Angeles-based bank, replacing Kelly Coffey, who will move to a newly-created role as CEO of the bank's entertainment unit.
November 10
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In addition to expense-reduction measures, the Wisconsin-based regional bank is selling almost $2 billion of mortgages and securities and will invest in its lending and deposit-gathering capabilities.
November 10
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The banking industry's campaign against proposed capital requirements has reached a new dimension, with a group called Center Forward buying a Sunday Night Football ad arguing that the proposals would raise consumer costs.
November 10 -
UBS joined rivals such as HSBC in allowing clients in Hong Kong to trade some crypto-linked exchange-traded funds amid a push by the city to foster a digital-asset hub.
November 10
