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Gerald Kubu, head of card service for Raiffeisen Bank
The bank says lots of merchants won't take cards for very small purchases. So it's using chip and PIN, and aggregated stored value POS technology, to increase use of contactless mobile and card payments.

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Robert Dudacek, senior vice president for Wells Fargo & Co. insurance
Smartphones and social media are still relatively new frontiers for consumer banking, and they pose new risks.

Image: Bloomberg News
Facebook is becoming a payments contender a lot faster than it has led observers to believe. It has money transmitter licenses in at least 15 states, according to an American Banker analysis.
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Deepti Sahi, senior product manager at Intuit
New banking tablet apps at Citigroup and Intuit are taking advantage of the wider screen and more layered relationships people have with the actual devices, and finding out along the way that a venue for games and novels is a great location for visually pleasing, research heavy financial services.

The shutdown of TradeHill, which exchanged digital currency for dollars and euros, underscores the regulatory and legal obstacles facing would-be disruptors in the payments business. Facebook is proceeding cautiously.

Image: ThinkStock
Which U.S. banks are the most earth friendly? We are starting to scan the country to find the greenest banks. If you work for an environmentally conscious bank or know of one, please tell us about it. Deadline Feb. 29.

Offering person-to-person payments initially to its own customers, eventually to all U.K. bank customers.

Kim Hester, executive vice president of network services for CO-OP Financial
The credit union cooperative will greatly expand its ability to offer online and mobile bill payment technology to its thousands of members.

Image: Bloomberg News
American Express is dangling another lure to hook its small-business cardholders on social media as a promotional channel: $100 worth of Twitter advertising.
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