Opinions

Although millennials are less trusting of financial advisors than older investors, there are still ways for wealth management firms to court younger clients.

The EMV deadline has come and gone, and customers and retailers alike are realizing that they need to understand and adapt to the new payment reality both online and offline.

With the highly anticipated EMV liability shift now in effect in the U.S., merchants have been adopting point-of-sale terminals that can accept chip-based cards.

Cybersecurity expertise is helping more women get board seats, as is the British government; MUFG Union's Stephen Cummings calls for faster progress on the diversity front; JPMorgan's Eileen Serra announces a new mobile wallet called Chase Pay; and Deustche's Susan Skerritt shares some leadership lessons.

The RushCard debacle should lead to consumer improvements, but it should not undercut the progress prepaid has made in helping consumers manage their finances.

All participants in financial services will have to start behaving, thinking, organizing themselves as technology companies and focus on three things: technology, data and customer (or, better yet, user) experience.

There’s no doubt that blockchain technology will facilitate disruptive innovations in finance, but a world of private ledgers sounds eerily similar to a range of “private Internets.”

U.S. merchants, card issuers, and payment processors are beginning to switch over to EMV. However, there are frequent reports that large numbers of U.S. merchants are not ready.

Last week U.S. House Small Business Committee held the second part of a hearing entitled “The EMV Deadline and What it Means for Small Businesses,” which was supposed to address payment security in the United States.

With the EMV liability shift having just passed, banks and merchants alike are scrambling to comply with the card network-imposed deadline.