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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Banks such as Texas Capital and Synovus say they're learning from anti-money-laundering failures elsewhere. They emphasize the importance of having enough compliance staffers — and ensuring they have the necessary skills.
March 21
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In today's ever-evolving payments landscape, customers expect secure
March 21
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As Klarna wins installment lending for the retail giant's OnePay app, rival Affirm seeks to downplay the loss.
March 21
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The Connecticut bank said its newly minted president, Steven Sugarman, successfully led a private placement and signed a long-term employment agreement that makes him a potential CEO. David Lowery, current chief executive of Patriot, plans to step down in April.
March 20
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All eyes are on the Federal Reserve, which is waiting for clarity on inflation and fiscal policy before making its next move. The May 6-7 Federal Open Market Committee meeting could be the one where rate cuts resume. Join us May 8 at 1 p.m. as Luke Tilley, chief economist at Wilmington Trust, breaks down the meeting, Chair Powell's press conference and what may lie ahead.
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Apollo Global Management's billionaire co-founder Marc Rowan described conversations he and Charlie Javice had during her discussions with the bank, including about a one-on-one meeting she had with JPMorgan Chief Executive Officer Jamie Dimon.
March 20
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The issues are hindering the Federal Deposit Insurance Corp.'s ability to meet its regulatory duties, according to the agency's Office of Inspector General.
March 20
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The breach occurred through a vulnerability in third-party file transfer software, and it took weeks for the bank to discover it.
March 20
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Following a media report that Department of Justice staffers have expressed concern about how Capital One's purchase of Discover would affect competition in the subprime credit market, analysts said the portfolio would be tough to sell. But they remain optimistic that the deal will get over the finish line.
March 20
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Employees are using generative AI more than their bosses think they are, research suggests. Some say part of the answer lies in AI-use policies.
March 20
