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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Consumer and employees groups are seeking a restraining order against CFPB acting Director Russell Vought, arguing that he was unlawfully installed and has "no power to direct" the bureau.
February 14
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The rollout of new technologies in point-of-sale retail payments in the U.S. has historically been slow, and consumer adoption of those new payment flows can be even slower. Can consumers' propensity for self checkout help push adoption?
February 14
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The San Francisco-based bank announced that another consent order with the Office of the Comptroller of the Currency has been terminated. The six-year-old order was related to the bank's risk compliance management and certain loan practices.
February 14
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Michael Goldman is a partner in Hunton Andrews Kurth's mergers & acquisitions group in the Richmond, Virginia office.
February 14
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Austin Maloney is a partner in Hunton Andrews Kurth's mergers & acquisitions group in the Richmond office.
February 14
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Kerry Ryan, CPWA, is senior director of financial services industry marketing at
Seismic . She leads marketing for asset management, wealth, banking, insurance and industry ecosystem providers at Seismic. Previously, she has held roles at Salesforce, Citi, Legg Mason and other companies.February 14
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A proposal to tie cancellation of private mortgage insurance policies to automated valuation models would add unnecessary risk to mortgage portfolios and would result in less, not more, affordable housing.
February 14
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The biggest decline was a 9.9% drop in deposits quarter-on-quarter as of Dec. 31.
February 14
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The Trump administration's nominee to lead the Consumer Financial Protection Bureau, Jonathan McKernan, is seen as an institutionalist with a deep knowledge of policy. But whether he keeps the bureau shuttered or rebuilds it is uncertain.
February 14
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On Thursday night, the Trump administration fired dozens of employees at the Consumer Financial Protection Bureau, according to an email obtained by American Banker. Most of the workers targeted had been hired by former CFPB Director Rohit Chopra.
February 14
