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.
-
Mastercard has told payment processors and banks to stop allowing marijuana transactions on debit cards, in a blow to the struggling cannabis industry and a boon to transparency in the banking system.
July 27
-
Scott Sanborn said his company is committed to balancing profitability and growth, and sees a lot of potential in new products such as credit cards.
July 27
-
Like many of its peers, the bank is grappling with higher deposit costs and net interest margin pressure.
July 27
-
There's divergence of opinions between one more rate hike this cycle and no further actions.
July 27
-
Michael Miebach, the card network's chief executive, discussed his plan for competing against the Federal Reserve's new real-time settlement system.
July 27
-
The challenger bank and fintech lender will use its first acquisition to expand its point-of-sale financing strategy into another vertical.
July 27
-
The two Trump-appointed governors expressed skepticism that the increased capital requirements for regional banks were necessary to keep the banking sector resilient.
July 27
-
The monitoring, which is already in place in the U.S. came after a month-long consultation with U.K. employees.
July 27
-
The European Central Bank will stop paying banks for the money they are required to keep at the institution as a minimum reserve, a surprise move that could cut billions from lenders' interest income.
July 27
-
The FDIC proposed raising capital requirements for banks with $100 billion or more in total assets gradually over the next five years. Republican appointees on the board opposed the rule as excessive and impetuous.
July 27
