London, UK – Global hiring, once primarily a logistical hurdle, has fundamentally reshaped its role within multinational enterprises. For decades, expanding internationally often meant establishing a new local office, engaging local accountants, adding another payroll vendor, and hoping that financial reporting would align by quarter’s end. This piecemeal approach, however, has become increasingly untenable in…
For decades, the life insurance industry was defined by a notorious "friction barrier." Prospective policyholders were expected to navigate a labyrinthine process: lengthy paper applications, invasive medical examinations involving blood and urine samples, and an agonizing waiting period that could stretch for weeks or even months. For many, this administrative burden was the primary deterrent…
DALLAS — In a strategic move signaling its commitment to a technology-first banking model, Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, has announced the appointment of Mo Jamous as its new Chief Digital and Information Officer (CDIO). Jamous, a seasoned veteran in the intersection of financial services and advanced…
By PYMNTS | July 10, 2026 In the high-stakes world of financial services, the word "transformation" is often synonymous with digital migration, cloud adoption, or the implementation of AI-driven analytics. However, according to Jay Michelini, vice president of product at Capital One Business, the most expensive and frequent failures in the financial sector do not…
This article is part of our educational series, "The Short Form," designed to simplify complex tax policy and explore the historical context of our fiscal landscape. Learn more at TaxEDU. The American tax system is not a static monolith; it is a living, breathing reflection of the nation’s shifting priorities, economic challenges, and political philosophies….
By PYMNTS | June 29, 2026 In a significant move to reshape its organizational trajectory, consumer financial services giant Synchrony has announced a comprehensive restructuring of its executive leadership team. The reshuffle follows the retirement of Bart Schaller, a cornerstone of the firm’s digital growth strategy, and marks a clear pivot toward a future defined…
Main Facts: The Annual Opportunity for Financial Recalibration For millions of American taxpayers, the arrival of a federal tax refund represents the single largest infusion of liquid capital they will receive in a given year. According to Internal Revenue Service (IRS) data, the average tax refund typically hovers around $3,000—a sum that, if managed with…
The insurance industry, a cornerstone of global financial stability, currently finds itself at a crossroads. While the front-end experience of purchasing a policy has become increasingly digital and streamlined, the back-end infrastructure—specifically the rails upon which money moves—remains stubbornly tethered to the past. According to industry leaders and fintech innovators like Adyen, the modernization of…
By PYMNTS June 23, 2026 FedEx Corporation has capped off a transformative fiscal year, reporting robust volume growth and strategic structural shifts in its fourth-quarter earnings release on Tuesday, June 23, 2026. As the global logistics giant navigates a complex macroeconomic landscape—marked by shifting trade policies, geopolitical instability, and a major corporate reorganization—the company’s latest…
By PYMNTS | June 19, 2026 The global banking sector is currently navigating its most significant structural shift since the dawn of the internet. As artificial intelligence (AI) transitions from a theoretical novelty to a core operational pillar, the world’s leading financial institutions are grappling with a profound reality: the traditional banking workforce is undergoing…
