Opinions

The commerce game is increasingly being played on a mobile field and so consumer packaged goods (CPG) companies must invest in a mobile strategy and specifically a mobile payment strategy soon, before they miss the boat.

On any given day, there are countless articles circulating about the issues associated with EMV and how it will soon be replaced by the next big thing. However, EMV is here to stay, and, despite some who claim otherwise, that’s a good thing.

Community banks are at a crossroads as they face a threat from alternative lenders and the need to stay true to the traditional bank model. What they should do?

While beneficial for businesses and consumers, Nacha's new rule for same day transactions will require banks and other financial institutions to review thousands of additional transactions per day, leading to a significant increase in costs, not to mention an increased potential for fraud due to volume and rapidness of review.

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.