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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The Kansas City, Missouri-based regional bank said it is making progress on its pending purchase of Heartland Financial USA in Denver. The deal is expected to close during the first quarter of 2025.
July 31
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The Federal Reserve chair said Fed researchers continue to explore central bank digital currencies to stay current on international payments developments, but emphatically denied that the central bank is considering creating one of its own.
July 31
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Tom Rasmussen's career spans two decades in the insurance industry, including critical aspects of claims management, digital transformation, and leadership. Before his current role as VP, Product - Claims at Carpe Data, Tom played a pivotal role at GEICO, serving as the director of digital casualty and first party medical. In this role, Tom led significant nationwide initiatives in bodily injury and first party medical, showcasing a keen ability to drive digital transformation within the insurance sector. Tom's career also includes a long-standing tenure at Progressive Insurance, where he held several key positions such as the manager of claims process, overseeing important aspects of coverage, liability, injury, and total loss.
July 31
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The proposal is "significantly flawed" in its approach to corporate governance, the lawmakers said.
July 31
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The London challenger bank has added deposits in an effort to keep customers from using banks and other fintechs; the Australian bank Westpac is offering cards to kids as young as 8; and more in our global payments and fintech roundup.
July 31
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In addition to a new rule enabling more active review of large asset managers acquiring shares in FDIC-supervised banks, the FDIC board finalized living will guidance and requested public input on deposits.
July 31
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Catherine Joly the vice president and head of sustainable futures North America at Capgemini Invent.
July 31
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The banking holding company's new type of private security, launched last year, also reached $3 billion in loans sold last month.
July 31
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Avi Tuschman is the founder & CIO of Pinpoint Predictive, a Stanford StartX and VC-backed insurtech company. Tuschman is an expert on the science underlying human political orientation and individual variation in behavioral propensities. His research has been covered in peer-reviewed and mainstream media from 25 countries including the New York Times, the Atlantic, MSNBC, Spain's El País, Israel's The Marker, and Brazil's Veja Magazine.
July 31
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In this month's roundup of top banking news, how the widespread CrowdStrike outage affected banks of all sizes, JPMorgan Chase's new tech bet for combating rising fraud, what Project 2025 could mean for bankers and more.
July 31
