Opinions

The idea of banks becoming Token Service Providers (TSPs) is an increasingly relevant move.

In explaining the bank's commitment to the Chase Pay mobile wallet, an executive told investors in February that the mobile payment landscape was going to get more complicated before it gets simpler.

Encryption keys are vital to the secure operation of payment acceptance devices. But key transport protocols have not kept pace with the movement toward standardized encryption practices. This adds cost and complexity to payment infrastructure and processes.

Despite billions in revenue annually, legal marijuana businesses have yet to find a solution to the industry’s lack of reliable payments, banking and other financial services.

Regulators are quick to laud "core" deposits and so-called stickiness, but the reality is that brokered deposits — especially CDs — have become some of the most stable and cost-effective funding available.

Bank of America's mobile app can do almost everything that used to require a branch visit, says Michelle Moore; Lebenthal and four other women-owned firms land a big deal on Wall Street; Sallie Krawcheck joins the board of Blythe Masters' blockchain startup; Morgan Stanley's Carla Harris says both skills and spirituality contributed to her success. Also, the woman Obama is considering for the Supreme Court seat.

Complying with legal and credit bureau criteria for data furnishers is just one of the compelling reasons why a marketplace lender may take a pass on reporting credit data.

Regulators’ focus on having banks and credit unions offer payday loan alternatives to underserved consumers overlooks the success of Web-based companies in filling credit gaps.

Tech giants like Intel and Apple are doing more business with women- and minority- owned underwriters; Christine Lagarde has five more years at the IMF; and why Lehman Sisters might not have failed. Plus, are girls getting a bad rap from dictionaries and bad counsel from parents?

Community banks can't win on size, but their values give them an upper hand in competing against cookie-cutter megabank branches.