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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Executives have ramped up initiatives for educating members, staffers and directors on how to gain support from legislators.
March 6
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The payments giant told investors it would use the money from its latest round of fundraising to cover the tax bill.
March 6
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UBS Group raised Chief Executive Officer Ralph Hamers's total compensation to 12.2 million Swiss francs ($13 million) for his second full year in the job, even as bonuses for the rest of the firm were cut in a challenging period for dealmaking.
March 6
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Acting Comptroller of the Currency Michael Hsu compared FTX's unwinding to the collapse of Bank of Credit & Commerce International, which similarly operated across borders to evade regulatory scrutiny.
March 6
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Federal Deposit Insurance Corp. Chairman Martin Gruenberg said that the rise of hybrid and remote work, alongside rising interest rates, could be creating lingering risk in the maturity of some bank loans.
March 6
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Robert Hill Jr., who had been CEO of the company before it merged with CenterState Bank in 2020, will resign in April. The company says it's replacing his position with a nonexecutive chairman "as part of a broader, ongoing effort to enhance the independence of the company's board."
March 6
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Joe Montesano, a key player in Goldman Sachs's ascent to the industry's No. 1 rank in equities for two straight years, is said to have told the firm he is stepping down as head of equities trading for the Americas.
March 6
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The generative AI technology has been through a cycle of media buzz, disappointment and disillusionment.
March 6
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The regional firm said it had won out over other candidates to provide investment program support to roughly 100 Comerica financial advisors.
March 6
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Banks, flush with money to lend, will keep upward pressure on inflation in 2023 and perhaps several more years as they lend out their bloated reserve balances.
March 6
Berkeley Research Group
