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 bank is investing in Ubyx to help traditional financial institutions settle stablecoin payments and compete with nonbank fintechs.
January 7
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Naaz Scheik is the founder and CEO of SoftPak Financial Systems, where he has spent over 30 years pioneering quantitative fintech solutions for global investment firms and banks. A former quantitative analyst, he was named one of the Top 50 Financial Technology CEOs of 2024 in the Financial Technology Report.
January 7
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President Trump said he would prohibit large institutional investors from buying single-family homes. While the executive couldn't bar such investments on its own, a legislative ban could gain bipartisan support.
January 7
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The company's asset and wealth management business is completely cutting ties with proxy advisors, opting to build its own research and public company voting system. JPMorgan is the first bank to stop using firms such as Glass Lewis and ISS.
January 7
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With fintechs and legal cases pressuring payment fees, the card companies are leaning more on revenue from other sources.
January 7
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The 81-year-old Metamora State Bank renamed itself Bank419 to better align its brand with its business after years of regional expansion.
January 7
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Industrial loan companies play a vital role in local economies across the country, providing liquidity in areas that other banks overlook. Restricting the availability of ILC charters would be bad for business.
January 7
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The Kansas City, Missouri-based bank completed its first bank acquisition in 12 years on New Year's Day. Now it's focused on retaining and growing FineMark Holdings' high-net-worth clients in markets such as Southwest Florida, South Carolina and Arizona.
January 7
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PicPay is making a second attempt at entering the U.S. market as a profitable digital bank and a competitor to fellow Brazilian fintech Nubank.
January 6
