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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Dr. Brandon Pizzola is
EY US Quantitative Economics and Statistics (QUEST) senior manager.December 20
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Though housing is experiencing severe rate-related stress, mortgage banking remains central to the Denver-based bank's business model. The Texas market has held up better than much of the rest of the country, company executives say.
December 20
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In a joint review published Friday, the Federal Reserve and Federal Deposit Insurance Corp. found problems with two foreign banks' bankruptcy resolution plans.
December 20
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In a sprawling consent order, the Consumer Financial Protection Bureau order cited mismanagement that extended from auto loans to mortgages and deposit accounts. Wells Fargo CEO Charlie Scharf called the agreement a critical milestone to "put these issues behind us."
December 20
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The National Credit Union Administration must justify its sharply higher operating budget for next year.
December 20
National Association of Federally-Insured Credit Unions -
The addition of in-person and online sales tools helps the company market itself as an alternative to processors and merchant acquirers for small merchants.
December 20
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Robert Fehlman, who has worked with the bank since 1988, will succeed George Makris Jr. at the start of 2023.
December 20
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Legislation to open banking services to marijuana businesses was left out of a must-pass government funding package, ending a year-end effort to move it to President Biden's desk, a person familiar with the decision said.
December 20
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Changes that began at individual banks in 2021 gained steam this year, as many large and midsize banks reduced their reliance on overdraft-related charges. Federal and state policymakers were key catalysts of the sea change.
December 19
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The Senate voted to confirm Martin Gruenberg as chairman of the Federal Deposit Insurance Corp., Travis Hill as its vice chairman and Jonathan McKernan to join the agency's board.
December 19
