Is PayPal improving its position against banks? Here's what payment experts have to say about its new rewards program.
American Banker
Online Audio and Video Media
New York, New York 189,245 followers
In-depth analysis, perspective and commentary on key issues affecting the banking industry.
About us
American Banker, an Arizent brand, is the banking industry's most powerful information resource providing analysis, insight and perspective on the business of banking. American Banker covers the people, trends, regulations and technologies driving the industry, helping readers keep pace with changes and opportunities in the marketplace. Executives and industry influencers also engage via American Banker's online and live conferences and seminars.
- Website
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http://www.americanbanker.com
External link for American Banker
- Industry
- Online Audio and Video Media
- Company size
- 201-500 employees
- Headquarters
- New York, New York
- Type
- Privately Held
Locations
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Primary
One State Street Plaza
27th Floor
New York, New York 10004, US
Employees at American Banker
Updates
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American Banker reposted this
PayPal is boosting cash and making mobile payments easier to access. Payment Experts tell American Banker how that could cause problems for banks.
How PayPal's rewards upgrade competes with banks
americanbanker.com
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American Banker reposted this
Former President Donald Trump has pledged to cut 10 regulations for every new rule implemented and ramp up regulatory rollbacks while vowing to give the cryptocurrency sector regulatory relief. "Instead of attacking industries of the future, we will embrace them, including making America the world capital for crypto and bitcoin," Trump said Thursday at an event hosted by the Economic Club of New York. #crypto #banks #bankingsector https://lnkd.in/g59KTCvw
Trump pledges more regulatory rollbacks, touts potential for crypto
americanbanker.com
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American Banker reposted this
Empty offices have raised alarms of a financial apocalypse (wrongly, some say). But at least right now, it's a lot like Monopoly -- complete with yawning, temper tantrums, bankruptcies and the bank version of jail (regulatory penalties and stock pressure). Here's mine and Catherine Leffert's attempt at taking a nuanced look at the risks ahead:
A non-alarmist guide to the risks in commercial real estate
americanbanker.com
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American Banker reposted this
The commercial real estate story for banks is....complicated. It's too multi-faceted for one piece to capture, and will be playing out for a long, long time. BUT Polo Rocha and I still did our darndest to write a nuanced explainer (is that an oxymoron?) that covers what's going on now: Our take for American Banker:
A non-alarmist guide to the risks in commercial real estate
americanbanker.com
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American Banker reposted this
"The economics of consumer aviation has become so intertwined with credit card points and rewards, and interchange, that the Department of Transportation is taking note," said Aaron Klein, a senior fellow in economic studies at the Brookings Institution. "There's a real debate as to whether or not airlines are in the business of moving people, or whether they're loss leaders for credit cards."
Transportation Department launches probe of airline rewards
americanbanker.com
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The Consumer Financial Protection Bureau is seeking to protect borrowers from unscrupulous loan servicers. The goal is laudable, but the agency’s methods are misguided, writes Michael Bright, of the Structured Finance Association, in American Banker’s BankThink.https://bit.ly/4eh7OHn
Federal overreach in loan servicing enforcement will hurt consumers
americanbanker.com
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The Federal Reserve’s much anticipated rate cut can’t come soon enough for bankers, as the elevated interest rate environment — combined with regulatory scrutiny, layoffs and dissolved partnerships — has weighed on second-quarter earnings among several large banks in the U.S. Read more highlights from this past earnings season via the link below. #earnings #bankingnews
Earnings recap: Citigroup's OCC plan, First Guaranty layoffs
americanbanker.com
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Trump pledges more regulatory rollbacks, touts potential for crypto; Utah bank uses gen AI to keep an eye on fintech partners; and more in today's newsletter.
Trump lays out his economic platform; bank uses gen AI to identify problems; ConnectOne deal
American Banker on LinkedIn
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These are the top 20 banks and thrifts with the largest portfolios of mortgage-backed securities at the end of March. Read more about the top-performing banks and their rankings here. https://bit.ly/3z1dOoz #banking
20 banks and thrifts with the largest portfolios of mortgage backed securities
americanbanker.com