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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Following similar glitches at Lloyds and the London Metal Exchange, a tech outage at UBS has renewed scrutiny on modern banking platforms.
March 18
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Jurors determined that Aaron Luneke, the former chief financial officer of Bank of the Valley in Nebraska, obtained millions of dollars in loans — including from his own bank — by inflating contractor bills for a new car wash business.
March 18
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Agentic AI commerce is under development at Visa, Mastercard, PayPal and other large payment organizations, and many of these will hit banks' servers. Are banks ready for the onslaught?
March 18
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President Trump's executive order on mortgage credit calls on federal agencies to ease the path for eNotes, digital mortgages and remote notary, something lenders have been wrestling with for years.
March 18
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The Federal Open Market Committee is widely expected to keep rates unchanged, but all eyes will be on Federal Reserve Chair Jerome Powell's commentary about the economic impacts of the Iran war and its longer-term impact on inflation.
March 18
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Jen Cryder is CEO of the
Pennsylvania Institute of CPAs . She joined the PICPA as chief financial officer and vice president and was promoted to executive vice president and chief operating officer before being named CEO in 2021. She is the first woman to be chief executive in the organization's history.March 18
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Senate Banking Committee Chair Tim Scott, R-S.C., said Tuesday that he expects the committee to work out a compromise between banks and crypto firms on yield-like rewards — a major sticking point in a market structure bill — by Friday.
March 18
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Federal Deposit Insurance Corp. Chair Travis Hill said in remarks Wednesday that privacy and know-your-customer gaps remain for banks that work with public, permissionless blockchains, and that the agency may need to clarify how banks can interact with them.
March 18
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The 2023 takeover of Credit Suisse boosted UBS's size but also saddled it with the challenge of integrating vast operations.
March 18
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It won't be long before the ongoing closure of the Strait of Hormuz begins to make itself felt across various aspects of banks' balance sheets. If it's protracted, a new oil shock will force a major reassessment of asset values.
March 18
