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 Reserve is leading the push for broader, more standardized risk-capital rules, yet some of its board members, other regulators and industry groups are uncomfortable with the proposal.
August 1
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Michael M. Horn is a partner at the law firm of McCarter & English. He served on the board of directors of the Federal Home Loan Bank of New York for 30 years, including 10 years as board chair. He also served as the commissioner of banking for the state of New Jersey as well as state treasurer.
August 1
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Denise A. Dunckel is CEO of the American Association for Debt Resolution, which advocates for consumer rights for Americans with unmanageable unsecured debt burdens.
August 1
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The governing bodies of the National Association of Federally-Insured Credit Unions and the Credit Union National Association have unanimously approved a merger agreement. Members are expected to vote on the deal later this month.
August 1
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Flywire, Visa and Mastercard all entered partnerships that anticipate a post-pandemic recovery. But politics are still keeping them from getting deeper into the market.
August 1
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Michigan State University Federal Credit Union and Nymbus teamed up to design a package of business banking tools with an eye toward credit unions, which historically have tread lightly into this space.
August 1
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The decision to allow lenders to review only two credit reports for mortgage applicants will harm homebuyers with less than perfect credit.
August 1
Financial Services Innovation Coalition -
The racially targeted mass shooting at a Buffalo, New York, grocery store in 2022 has renewed conversations about whether banks have a duty to help segregated, impoverished communities that were shaped in part by discriminatory lending practices. What do banks owe the Black community, and what influence could they have?
July 31
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Median noninterest income at midsize banks rose 7.2% in the second quarter, exceeding expectations. Dallas-based Texas Capital stood out from the pack, reporting a large uptick in fee income thanks largely to its new investment banking platform.
July 31
