Opinions

Apple's desire to maintain tight control of the payment experience is likely to wind up pushing banks away from iPhones and toward Android and host card emulation technology.

The vision that Apple’s founder Steve Jobs once had of a new type of mobile phone that could become so instrumental and integrated into people’s lives that they’d rather leave their wallet at home than their iPhone is starting to take shape.

Microbranches have their merits — but banks should be aware that changes in technology and customer preferences could render them obsolete.

Until we know without doubt with whom we are transacting, the legacy payment networks cannot be made secure for Internet-sourced electronic payments.

Apple Pay appears to be missing one key thing: A reason to use it. Most other mobile wallets come with a reward program, but Apple currently isn't going that route.

The New York Times' Neil Irwin says Apple Pay is trying to solve a problem that isn't a problem, but he’s missing the point.

It’s unfortunate that some outlets lump all forms of two-factor authentication factor together as if all two-factor form factors were equal.

Electronic payments are increasingly becoming part of our everyday lives. For most people, it can be hard to imagine a single day where we do not make a purchase using our payment cards in a physical store, or perform some form of online payment or money transfer.

With anticipation building for Apple's special event and what CEO Tim Cook will announce, it is a fun time to dig into the rumors and speculate about what could be coming to a pocket, wrist or desktop near you and, more importantly, what this may mean to the market ecosystems we all exist in today.

Although unintentional, missteps in communications by regulators can create headwinds for companies developing payments innovation.