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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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
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The Office of Management and Budget under President Donald Trump has not apportioned any discretionary awards to financial institutions in the fiscal year of 2025, according to new documents released by the agency.
August 18
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Brex's second license in the European Union is a key step in cementing turning payment relationships in the EU into broader financial relationships, including card issuing and cross-selling.
August 18
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The Treasury Department issued a request for comment Monday, seeking input on four categories of technology that could be used to detect and combat illicit financial activity in crypto assets.
August 18
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KC Mathews, executive vice president and chief market strategist at Commerce Trust breaks down the FOMC meeting.
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The American Fintech Council requested a 30-day extension for buy now/pay later providers to submit information about their businesses to the New York Department of Financial Services. New York is the first state to institute a law specifically regulating BNPL.
August 18
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Alexandra Mousavizadeh is the co-founder and co-CEO of Evident, an AI benchmarking intelligence platform that specializes in ranking companies on their AI adoption progress. She has 20 years experience in building indexes for nations and companies on economic and technological issues. Prior to Evident, Mousavizadeh led Tortoise Media's intelligence business, where she developed the Global AI Index. Previously, she was director of The Prosperity Index for the Legatum Institute (now the Prosperity Institute). Mousavizadeh's earlier roles include CEO of ARC Rating, senior sovereign analyst for Moody's and head of country risk management at Morgan Stanley.
August 18
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The Bank of Glen Burnie has bought VA Wholesale Mortgage, a veteran owned-and-operated company which specializes in working with military families.
August 18
