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 largest U.S. banks will fork over billions to cover their share of a special assessment from the Federal Deposit Insurance Fund to cover replenishment of the Deposit Insurance Fund after this spring's bank failures.
August 14
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Wendy De La Rosa is an assistant professor of marketing at the University of Pennsylvania's Wharton School.
August 14
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About two-thirds of respondents in a survey of roughly 300 Bloomberg terminal users said the anti-ESG movement that started in the U.S. last year will force firms to stop using those three letters in conversations with clients.
August 14
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Cade Thompson, head of U.S. debt capital markets at KKR, said he expects to see a longer list of more formal auction processes that will come to market post-Labor Day.
August 14
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The shift to faster payments–plus frustration over network interchange costs–is increasing merchants' use of services that pull money directly from consumers' bank accounts.
August 14
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The central bank might be able to avoid a recession, but must not sacrifice the economic well-being of communities harmed the most by high interest rates.
August 14
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Thomas O'Brien has gained a reputation for being able to salvage institutions on the brink of disaster. With his latest rescue job nearly complete, the fix-it specialist ponders his next move.
August 14
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Banking and housing experts say that if additional capital burdens spur large banks to pull back on mortgage origination, servicing and funding, the ripple effects could be felt more intensely in the housing market than on banks' bottom lines.
August 13
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Mark Haessly is the managing director of product management at HSA Bank, a division of Webster Bank.
August 13
