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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The Federal Deposit Insurance Corp. proposed a rule Tuesday that would allow banks to remove FDIC insurance labels except on initial webpages and no longer require alerts warning customers that non-deposit products are not insured.
August 19
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Matt Mullet, the company's longtime chief financial officer, said he's spent the past year getting accustomed to the people side of management.
August 19
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Steven B. Goldman is a senior lecturer at MIT and director of the Crisis Management & Business Resiliency and Advanced Business Resiliency courses. He is also an adjunct faculty member at Harvard University, where he lectures on Crisis and Risk Communications, and directs the Radiological Emergency Management program.
August 19
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Sandra Galletti is the assistant director of MIT's Crisis Management & Business Resiliency and Advanced Business Resiliency courses. She also serves as head of operations and resilience at Tidona Comunicazione in Milan, Italy.
August 19
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As bank regulators work to create a more transparent and effective supervisory process, they should overhaul the process for appealing their rulings to include challenges to enforcement actions.
August 19
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Both banks are preparing rollouts of Casca's software and participated in the firm's $29 million funding round.
August 19
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The digital bank is working with blockchain technology provider Lightspark to use Bitcoin networks to power its upcoming cross-border payments launch.
August 19
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The pandemic-era program yielded over $60 billion in fraudulent payments, with prosecutions expected for another five years.
August 19
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Srini Nallasivan, who was born in India, claims in a lawsuit that the Minneapolis-based bank harassed and fired him in order to replace him with a white executive. U.S. Bank denies the accusations.
August 18
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The tests modeled how Fannie Mae and Freddie Mac would fare after absorbing losses like a total $36.1 billion provision in credit losses in a severe downturn.
August 18
