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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U.S. consumers may earn 3.92% interest on their account balances, with the choice to add pass-through Federal Deposit Insurance Corp. coverage through JPMorgan Chase for up to $250,000 of funds.
April 25
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The Consumer Financial Protection Bureau said it is still working to notify consumers about the Feb. 14 breach in which a bank examiner sent personal information on 256,000 consumers and supervisory information on 45 institutions to his email.
April 24
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Banks with more than $100 billion of assets expect tougher regulations in the wake of last month's bank failures. They say that any changes to capital and liquidity standards should happen gradually in order to avoid spooking investors.
April 24
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A House Financial Services Committee aide said that the bill is meant to restart discussions with Democratic lawmakers and the White House over how to regulate stablecoins.
April 24
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The card network has a new policy to determine who pays when consumers dispute certain e-commerce transactions, but many smaller sellers are unaware of new requirements and may run afoul of them.
April 24
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The combination of VyStar and 121 Financial Credit Union — both based in Jacksonville, Florida — would have more than $14 billion of assets.
April 24
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Javice disclosed her bank-run experience in response to a demand by JPMorgan for information about three Nevada shell companies which held the Signature accounts.
April 24
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The San Francisco bank, on shaky ground after two regional peers failed last month, said that customers pulled more than 40% of their deposits last quarter. It's been forced to turn to more expensive sources of funding, which analysts said will squeeze its profitability.
April 24
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Priya is the VP of Government and Workforce Partnerships at General Assembly, focused on developing innovative public-private partnerships that build accessible pathways to GA's industry leading digital skills training. Priya began her public sector and workforce development career in New York, working in strategy roles for government and non-profit organizations, including at the NYC Department of Small Business Services and the Brooklyn Navy Yard Development Corporation.
In her work, Priya is committed to lifting up nontraditional educational pathways that are focused on skills of the future and remove barriers to economic prosperity for diverse talent that still remain grossly underrepresented across growing industries, like technology.
April 24
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Nexway, based in France, allegedly processed payments in its own name on behalf of a tech support scam and telemarketing company from 2016 to 2020.
April 24
