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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In May's roundup of American Banker's favorite stories: Washington state plans to provide mortgage assistance to help address historical discrimination, an insider look at how Comerica is faring with the Treasury's Direct Express program, the fall of First Republic Bank and more.
June 1
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But when compared past periods of upheaval, those rates remain relatively low, the Mortgage Bankers Association report showed.
June 1
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Curt Farmer is the chairman, president and CEO of Comerica Inc. and Comerica Bank. Dallas-based Comerica has offices in 17 states and serves 14 of the 15 largest U.S. metropolitan areas as well as Canada and Mexico. Comerica reported total assets of $91.1 billion at March 31, 2023.
June 1
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The ill-conceived proposed rule would increase costs for a significant majority of credit card customers.
June 1
Paul, Weiss, Rifkind, Wharton & Garrison LLP -
Roberto J. Gonzalez is a partner at Paul, Weiss, Rifkind, Wharton & Garrison LLP and previously served as principal deputy general counsel of the CFPB.
June 1
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Bob Gaydos is the founder and CEO ofPendella where he leads a team of innovators in the insurance industry, automating the underwriting process through AI and big data. Over the last 10 years, Bob has founded, invested, advised, and operated innovative companies in the benefit & insurance industry, such as Maxwell Health: an online benefits administration platform acquired by Sun Life in 2018. Connected Benefits: an online insurance agency acquired by GoHealth in 2016. Limelight Health: a group underwriting platform acquired by Fineos in 2020. GoCo: an online platform for HR, benefits, and payroll. Ideon (formerly Vericred): an innovative data services platform powering digital quote-to-card experiences in health insurance and benefits.June 1
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All In Credit Union's acquisition of $115 million-asset SunSouth Bank will push the credit union above the $3 billion asset mark.
June 1
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U.S. banks lost 2.5% of their deposits during the first quarter while credit unions saw a 2.1% quarterly increase, according to an S&P Global Market Intelligence analysis. Aggressive marketing — and credit unions' relatively untarnished reputations — helped motivate the shift.
June 1
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The search giant is adding travel, health care and other consumer services to encourage users to stay within its ecosystem.
June 1
