Opinions

Banks and third parties must work together to safeguard data being shared when a customer uses mobile apps.

Smart rulemaking starts with consolidating multiple agencies into one body with a clear mandate.

In their efforts to understand data privacy regulations and maintain compliance, it’s become clear that a large number of retailers simply don’t know the true whereabouts of their customers’ data, never mind how that data is being used, says Cleo's Dave Brunswick.

Increased connectivity and speed could mean shorter transaction times for consumers, quicker and more stable connectivity between merchants and acquirers and even an end to offline payments, writes James Daniels, vice president and head of Asia Pacific at FIME.

If the Federal Reserve doesn't maintain an active role, Wall Street megabanks could take over the payments system.

Policymakers should consider how new data computing can help ensure equal lending, not hinder it.

WeChat Pay and Alipay have huge markets, but China's lack of openness makes a Facebook Libra-style move unlikely, argues Utrust's Filipe Castro

Banks and third parties must work together to safeguard data being shared when a customer uses mobile apps.

Commercial entities could harm the dollar's value, causing harm to the economy. A government backed cryptocurrency would add balance, argues Madeline Aufseeser, a payments industry veteran.

The argument that only the federal government is up to the task is misguided.