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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Citizens Financial Group's promotion of Brendan Coughlin to company president comes at the same time as CFO John Woods prepares to leave for State Street. Both executives have been viewed as potential successors to CEO Bruce Van Saun.
April 30
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The card network took a 3% stake in Corpay to improve international payment processing for corporate clients, while also pushing technology that aims to drastically reduce the need for human supervision of artificial intelligence.
April 30
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President Donald Trump's shrinking of the Federal Deposit Insurance Corp. and the Consumer Financial Protection Bureau add to bankers' uncertainty into May.
April 30
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Fintechs that want to acquire bank charters face multiple obstacles, from increased regulatory scrutiny to stiff competition from established banks.
April 30
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The Federal Reserve's preferred inflation reading fell in March, but the positive reading came before new trade policies hit the economy.
April 30
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Financial inclusion cannot be allowed to become a meaningless set of buzzwords. Strong economic growth and future prosperity hinges on the ability of everyone in society to access financial services.
April 30
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The top five banks saw an average rise in their assets of almost 31% between 2023 and 2024.
April 30
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A $24 million single-family provision for credit losses linked to economic uncertainty and changes in actual and forecast home prices weighed down results.
April 30
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Inflation-adjusted gross domestic product decreased an annualized 0.3% in the first quarter, well below average growth of about 3% in the prior two years, according to the government's initial estimate.
April 30
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The administration's major moves include weakening the Consumer Financial Protection Bureau and rolling back numerous Biden-era regulations.
April 30
