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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Micro-merchants that sell on Etsy and Shopify were briefly unable to accept payments — an issue that could have been catastrophic had it lasted longer.
March 14
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Mercury, NorthOne and other challenger banks that serve small business owners are seeing a boost from SVB's collapse. But the effects may be short-lived.
March 14
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Many banks whose shares got hammered a day earlier rebounded strongly, with double-digit gains at Western Alliance Bancorp, First Republic Bank and PacWest Bancorp in midafternoon trading.
March 14
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The recent bank failures have changed market thinking about the Federal Reserve's next move.
March 14
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According to a New York state Department of Financial Services official, the bank failed to provide 'reliable and consistent' data.
March 14
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Sen. Elizabeth Warren, D-Mass., said that former Silicon Valley Bank CEO Greg Becker's assurances to Congress about the bank's safety in 2015 "now look nefarious."
March 14
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Some tech startup clients had to scramble to retrieve money as the bank was closing. Many wonder which financial institution will fill the void.
March 14
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The loan portfolio is seen as an attractive buy and was not a contributing factor in the bank run that caused Silicon Valley Bank's demise.
March 14
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Signature Bank's payments network — used by cryptocurrency firms looking to exchange fiat currency in real time — is still online even after the lender was put into receivership.
March 14 -
The West Palm Beach credit union named Steve Bosack as its new chief executive. He has worked for the National Credit Union Administration and Pentagon Federal Credit Union among other stops.
March 14
