Opinions

More than one-quarter of customers buy a banking product from their primary bank's competitors. Can banks use mobile technology to sell more effectively and stem the tide?

By now many of you have probably seen the reports of somewhat disappointing Black Friday turnout from the National Retail Federation.

The Sony Pictures web attack may have led you to question whether your own business was secure and if the information your clients provide via different payment methods can be breached, causing mistrust between business owner and vendor.

A recap of the informed opinions (and the discussions they generated) on BankThink this week.

No amount of diligence on the part of financial institutions will help prevent future data breaches until retailers are subject to the same national data security standards that apply to banks and credit unions

State money transmitter licensing laws are among the most important rules that address the dangers posed by payments, especially in the non-bank payments area.

Rigid state licensing laws have compelled some payments startups to partner with licensed money transmitters in order to get their programs off the ground. That's a good thing.

All over the world, consumption is undergoing a major shift. Consumers no longer need to choose between local specialty goods produced within their own communities or mass produced products manufactured abroad.

New York’s Department of Financial Services (NY DFS) has recently issued guidance on its BitLicense proposal, which would create a transitional license for Bitcoin.

Many people in Brazil don't have bank accounts-but they do have smartphones. These qualities, in combination with favorable regulations, make the country likely to adopt mobile payments in a big way.