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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Chicago has one of the largest unbanked populations in the country, so United Credit Union rolled out a loan program aimed at those people who would typically use a payday lender.
May 18
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First Citizens, JPMorgan Chase and New York Community Bancorp all bought failing banks in 2023. Here's what experts say they and other acquirers should do to ensure the tech integration is smooth.
May 18
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During a Senate Banking hearing with regulators, Sens. Jon Tester, D-Mont., and Mark Warner, D-Va., raised concerns about sweeping policy changes, while bipartisan consensus emerged around curbing executive compensation.
May 18
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Rep. Maxine Waters, D-Calif., posted the Democratic version of a stablecoin bill that has some differences with the Republican version led by Rep. Patrick McHenry, R-N.C. But those differences aren't insurmountable.
May 18
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Rep. Maxine Waters is adding to the pressure that the North Carolina bank is feeling in connection with a community benefits plan that was mostly expected to benefit communities in California. First Citizens, which bought SVB from the FDIC, has so far been noncommittal.
May 18
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The West Virginia company says COO Jeffrey Jackson will become chief executive in August instead of January. He will succeed Todd Clossin, who will retire earlier than planned and describes Jackson as "well prepared."
May 18
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The government's routine disbursement of funds to millions of workers, contractors, and retirees could become uncertain if it's forced to default.
May 18
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David Dickson is vice president of
Sage AI and a Sage Technical Fellow, leading artificial intelligence teams across product delivery, research and machine learning operations. As the technical leader of the AI division since its inception, he grew Sage AI from an initial idea to a world-class team of AI practitioners. Prior to being acquired by Sage, he led engineering and data science for Compass, an analytics startup based in San Francisco. He holds a software engineering and psychology degree from the University of Melbourne, graduating with honors.May 18
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Sens. Jon Tester, D-Mont., and Thom Tillis, R-N.C., suggested that the reports released by the Federal Reserve and the Federal Deposit Insurance Corp. didn't tell the whole story of the banking crisis.
May 18
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Under a tax-sharing agreement, the money will eventually be divided between the holding company and an FDIC receiver, who is overseeing the remnants of the failed bank.
May 18
