The Synapse bankruptcy saga continues to rock the BaaS world, marked by last week’s revelation of $85 million in missing funds. The plot thickened last week when former CEO Sankaet Pathak disclosed in bankruptcy court that funds were commingled, leaving the task of determining rightful...
Paul Fabara, chief risk officer at Visa, told PYMNTS in a recent interview that the shift to online channels during the pandemic — and afterward — meant analog businesses became digital overnight. And with the great pivot to card-not-present and other types of online commerce,...
The year 2023 has been one of the biggest yet for innovation across the payments landscape. New, emerging rails including the FedNow® Service and RTP® (Real-Time Payments) have changed the game for both consumers and businesses when it comes to the choice, flexibility and security...
It’s said that change is the only constant in business, but that doesn’t mean firms need to consistently adapt to every new trend. This is particularly true within the B2B space, where to achieve growth while safeguarding financial stability, organizations must navigate the complex landscape...
June 27, 2024
There’s a misperception about bankers and banking. That misperception is that money — in all its forms — is the most important asset. The reality is that customers are the most important asset, because if there are no customers there is no money. And financial services executives who understand the connection also understand the importance […]
October 27, 2023
Paul Fabara, chief risk officer at Visa, told PYMNTS in a recent interview that the shift to online channels during the pandemic — and afterward — meant analog businesses became...
October 27, 2023
The year 2023 has been one of the biggest yet for innovation across the payments landscape. New, emerging rails including the FedNow® Service and RTP® (Real-Time Payments) have changed the...
October 26, 2023
It’s said that change is the only constant in business, but that doesn’t mean firms need to consistently adapt to every new trend. This is particularly true within the B2B...
