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 resilience of the largest banks around the world is considered essential to the ongoing safe functioning of the global financial system.
June 2
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John Mark Respeto is manager of the technical accounting group at
Scrubbed , an accounting outsourcing firm. He has eight years of in-depth accounting and auditing experience and extensive knowledge of IFRS and U.S. GAAP. He assists companies in ensuring compliance with standards (particularly in adopting new standards), preparing and reviewing financial statements, internal controls assessment for SOX/PCAOB reporting, and technical accounting consultation, and facilitates technical accounting training. Additionally, he serves as Scrubbed's ESG advisor.June 2
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Six regulatory agencies are seeking public comment on a proposed rule that would establish best practices for using automated valuation models to assess collateral.
June 2
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When the once-ubiquitous interest rate goes away at the end of June, some businesses that have older loans may see a sudden jump in their payments. Banks, lawyers and business leaders are doing last-minute work to avoid that scenario.
June 1
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Cogent Bank in Orlando says it took two branches in the Southwestern part of the state less than three years to amass $400 million of deposits.
June 1
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JPMorgan CEO Jamie Dimon testified that then-private banking head Mary Erdoes and then-general counsel Stephen Cutler could have decided to drop Jeffrey Epstein as a bank client after accounts of his sex-trafficking emerged
June 1
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The banking crisis set in motion by the failure of three banks has the industry focusing once more on how to avoid the same scenario.
June 1
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The locations being shuttered are spread across eight states, according to a spokesperson. JPMorgan took over 84 First Republic branches when it bought the failed San Francisco bank a month ago.
June 1
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The unit's CEO, Jeff Leerink, and his management team are said to be preparing to announce a deal for the firm in the coming days, pending approval from the U.S. Bankruptcy Court for the Southern District of New York.
June 1
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After an appeals court sided with the Consumer Financial Protection Bureau in February, the CFPB and PayPal filed a round of legal arguments in late May to resolve remaining claims from a lawsuit PayPal first filed in 2019.
June 1
