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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Stablecoins—the crypto tokens pegged to fiat money or algorithmically engineered to hold a set price
May 22
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Abhishek Nagesh is vice president of regulatory policy oversight at Barclays. He has over 15 years of extensive experience in global banking and financial risk management.
May 22
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Visa, Mastercard, PayPal are among the firms moving the cryptocurrency option closer to the point of sale.
May 22
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House Financial Services Committee ranking member Maxine Waters joined fellow Democrats in introducing a bill barring the president, vice president, members of Congress or their families from owning so much of a cryptocurrency that they are able to influence the market.
May 22
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More than 200 employees are exiting the National Credit Union Administration as the credit union regulator pursues its Trump-era mandate to shrink government and slash operating costs.
May 22
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Andrew Blassie, a former executive at Illinois-based Bank of O'Fallon, pleaded guilty to inflating bank accounts, defrauding retirees and abusing insider access, according to the Federal Deposit Insurance Corp. Office of the Inspector General.
May 22
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Xavier Oustalniol , CPA, CFF, CIRA, is a partner atStoneTurn and an expert in forensic investigations and compliance advisory. He focuses on complex forensic accounting issues, fraud investigations and prevention, and anti-corruption matters, and provides consulting services regarding damages analysis, securities class action litigations, arbitration, accountant malpractice and purchase price disputes, including providing expert testimony.May 22
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Upgrading its anti-money-laundering controls is the Canadian bank's top priority following historic failures that led to a $3.1 billion penalty and a U.S. asset cap.
May 22
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"There were four layers between me and the senior managers of the products and like 14 layers across the organization, which is too much for an organization that needs to be agile," David Velez said.
May 22
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The bank's LLM Suite, a portal through which all employees can use popular large language models, is American Banker's Innovation of the Year in the Generative AI category.
May 22
