Opinions

Historical patterns of human innovation suggest that the ever-expanding array of payment technologies will eventually hit a wall. Some of today’s most prominent payments platforms may not survive the next cycle.

There’s no doubt that the payment industry has gone through significant changes over the last few years. The implementation of stringent federal regulations presents a number of challenges for payment processors. And with increasing instances of frauds and disputes, merchants and customers alike are expecting payment service providers to ramp up in terms of security measures, yet still make transacting easy for them.

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

As anyone who has purchased an airline ticket online can attest, published prices are a relic of days gone by. Adjusting prices in real time to reflect continuous changes in consumer demand and changing understanding of underlying supply costs—or dynamic pricing—has become increasingly common.

Analytics of consumer payments data has transformed the ways credit card companies understand and engage their customers and prospects.

There are a lot of great programs aimed at helping low-income people improve their financial circumstances. One problem: figuring out how to connect with them in the first place.

As mobile payments hit the mainstream, bankers should offer their customers a compelling proposition rather than wait for someone else to lure customers away.

Users of new technology often invite derision—Google Glass wearers are "Glassholes," iPhone devotees are "iSheep"—and mobile wallet users may soon be the next target of such ridicule.

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

Many card issuers think they only have two options when it comes to EMV—keep all issuance in house or outsource.