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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Binance, the world's largest cryptocurrency exchange, said Signature Bank will only handle user transactions of more than $100,000 as the bank decreases its exposure to digital-asset markets.
January 23
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Brigit Carroll is the policy lead for North America at Wise, a global technology company focused on international money transfers. Based in Washington, Carroll helps to lead Wise's policy and advocacy campaigns in Canada and the United States.
January 23
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A new paper from the Federal Reserve Bank of Boston finds Blacks and low-income consumers absorb a larger share of bank account and credit card fees than other groups.
January 22
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The custody giant benefited from rising interest rates, which helped offset choppy financial markets and a decline in fee income.
January 20
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Morgan Stanley decreased Chief Executive James Gorman's compensation by 10% to $31.5 million for 2022, a year in which profit tumbled and the shares sank.
January 20
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The Wall Street Journal reported the Fed is investigating Goldman Sachs' Marcus division, the company's effort to reach U.S. consumers that has been scaled back. The New York bank's stock fell 2.5% after the news.
January 20
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The implosion of the digital-asset exchange FTX shows that U.S. platforms should face heightened scrutiny from the Commodity Futures Trading Commission before being able to list crypto assets, according to one top official at the regulator.
January 20
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