Payments

September 24-26, 2018, Austin, TX PayThink is focused on the rapidly changing, inter-connected markets of debit, credit, mobile, prepaid and digital payments. With new participants and emerging technologies flooding the market and changing the dynamics of the industry, the right path forward is unclear to many. 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.

The credit card lender reported a decline in pretax earnings, but a sharply reduced tax bill led to a 17% profit gain.

First International Bank plans to rename the company Kotapay, while expanding services that include handling direct deposit and credit card processing for financial firms.

The announcement comes after a Federal Reserve Board task force issued a report in September that said it would further examine options for modernizing the U.S. payments system.

Many community bankers fear the fast-growing P-to-P network will increase costs without adding revenue.