PayThink 2018 Direct Page

Avi Perry, who led the Justice Department's probe into JPMorgan Chase's commodities activities that resulted in a $920 million settlement in 2020, is joining Quinn Emanual Urquhard & Sullivan as co-chair of the firm's securities litigation practice.

The Treasury Department's Financial Crimes Enforcement Network issued an alert Friday calling on financial institutions to closely monitor and report suspected financial activities related to Hamas, including complex cryptocurrency transactions and through fictitious charities.

David True is a payments nerd with more than 30 years of experience on the issuing, network and acquiring areas of card payments. He has been consulting for much of the last two decades, since 2016 as a founding partner of PayGility Advisors.

The Federal Reserve Board and state regulators signed off on the $1 billion deal, paving the way for a late 2023 closing. The approvals were significant given that other large combinations have run into trouble.

The top five banks and thrifts have combined total deposits of nearly $7.5 trillion.

Three years removed from the Black Lives Matter protests, banks have not fulfilled their promises to help close the racial wealth gap.

Brazil's PIX network has sparked a venture-capital boom in an otherwise down economy, including interest from U.S. investors.

Months after acquiring credit card program management startup Power, Marqeta has introduced a service to embed credit offers within brand marketers' websites and applications.

Retailers fed up with interchange are trying numerous strategies to offset these costs, including piloting Pay by Bank use cases and even, in some cases, refusing to accept cards altogether.