Opinions

The idea of financial institutions resembling utilities has caught on with some industry observers for reasons other than reducing systemic risk.

More than bitcoin, blockchain is interfering with the margins and business models of the finance world. The technology is also challenging our banking institutions’ longstanding platform as intermediaries.

To get more Americans into the financial system, the industry must find ways to help more people get access to the Internet.

The U.S. migration to EMV chip technology – intended to reduce card fraud, provide global interoperability, and enable safer payment transactions – may prove to be a valuable move for more than just the payments industry.

Retail banks must reinvent the way they charge consumers for their services at a time when institutions are struggling for profitability.

The word “tokenization” is being used far too broadly to describe a variety of payment security methods that perform different security functions.

Before banks are truly integrated into the digital landscape, they must break down data silos and implement steps to make data more accurate and actionable.

It's easy to get lost in the technological complexity of "application programming interfaces," but banks need to stay focused on improving business and customer outcomes, which is the ultimate goal.

Federal rules for technology-based firms providing the fast-moving sector certainty and consistency would be a benefit, even if rules are suboptimal.

Mobile payment users are set to soar in the coming years and this is the chief reason competitive businesses need to get on board.