Opinions

By strengthening direct consumer oversight, Bitcoin may shift consumer protection from law and regulation to reputation and trust, and even to mathematical proof of good service.

E-commerce has led to a rapid expansion of the options and methods of executing payments.

A look at four financial technology startups reveals major trends in the industry. Mobile applications, digital currencies, small data and alternative lending are all heating up.

Over the course of the NACHA Payments Annual conference, ACI conducted a survey to capture the sentiment of our industry experts and practitioners on hot topics impacting the payments ecosystem. We included mobile payments and real-time ACH, the latter of which generated interesting feedback and spirited discussion that was both insightful and directionally important to where we are headed as an industry.

Three key crisis response concepts can help bank leadership teams avoid the fate of Target CEO Gregg Steinhafel, who resigned this week in the aftermath of the company's holiday season cyberattack.

Card-not-present (CNP) fraud is generating quite a bit of chatter in financial and payments circles today. Much of the talk centers on the link between greater global use of the EMV standard and rising CNP fraud.

Fraud schemes are constantly changing, as criminals exploit new channels and methods of perpetrating their crimes. It is the ultimate game of whack-a-mole; stamp it out in one place, and it pops up somewhere else.

For a technology still in the midst of evolving, mobile payments attract an overwhelming amount of interest. Competition between payment systems is intense — as the Wall Street Journal recently noted, AngelList’s mobile payments startup roster includes more than 640 players.

Banks should not expect customers to cough up their data if there isn’t something in it for them.

The U.S. is roughly two years into its migration to chip payments, but in the last few months I have seen the tide turn and this migration start to really pick up speed. But before I talk about where we are now, it’s important to understand where we have been and how we have arrived here.