Lead Editor, Payments Dive | Chicago journalist following burgeoning payments arena--credit card companies, fintech, crypto. Cyclist. Wine lover.
United States (National)
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Lynne Marek's coverage primarily focuses on legal and compliance matters, business and industry developments in the finance sector, particularly within payments and financial technology. She often reports on government announcements, legal policy regulations, press releases, and cites data to support her articles.
Given Lynne's focus on the financial sector with particular emphasis on payments, fintech, credit cards, fraud prevention among other topics such as digital strategy; she would likely value insights from experts who can provide analysis or commentary related to regulatory changes impacting the finance industry or emerging trends within payment technologies.
Lynne does not specify a geographic focus but covers topics that are relevant globally in the financial services space. Therefore it is likely that she would be interested in international perspectives especially when they have implications for global markets or businesses operating internationally.
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To keep attracting new card holders, American Express is increasing its spending on marketing and technology in the second half of this year.
The card network and rival Visa are each pursuing new rules to induce merchants and their banks to join the fight against fraud.
Polsinelli Shughart starts work this month on a new National Institutes of Health contract it won in July, becoming the third new law firm selected this year in the agency's most extensive bidding contest since 2002. The 10-year NIH contract could bring Kansas City, Mo.-based firm up to $87 million worth of patent prosecution work in the mechanical, electrical and software fields over the life of the contract, although the agency has the option to review the contract every year.
Global Payments and other processors have been gobbling up smaller firms for years, but payments professionals keep forming new ones.
Former Hollinger International General Counsel Mark Kipnis, the sole U.S. lawyer convicted in the financial fraud that took down newspaper magnate Conrad Black, emerged from his federal sentencing without prison time or a fine.
“There are clear signs that leading payments players and fintechs may be pulling out of the U.S. to prioritize other, more ‘open banking-friendly’ regions,” writes one financial software executive.
The cross-border payments company’s business has been hurt by U.S. immigration policies, forcing it to embark on a cost-cutting plan.
The banking and payments services company floated the plan to offload pieces of the business after sales declined for that segment.
The card networks are keeping their options open with respect to stablecoin communities, locking arms with Circle on its latest effort.
Buckingham, Doolittle & Burroughs is closing its Columbus, Ohio, office following the defection of nearly all its attorneys in that locale to a rival Ohio law firm, Dinsmore & Shohl. Dinsmore is taking 27 of the 28 exiting Buckingham attorneys, strengthening its healthcare, construction, corporate and employment practice areas. Former Buckingham attorney Don Leach Jr. will lead the Columbus office as managing partner.
