Opinions

According to the Millennial Disruption Index, millennials believe payments innovation will come from outside their bank, with nearly half showing more confidence in what startups and technology companies add to payments than what their banks do. This presents a challenge and an opportunity for financial institutions moving forward.

Those in the industry say customers aren't asking for specific same-day capabilities. Could it be that they aren't asking because they are finding solutions elsewhere?

A successful e-business has two essential ingredients. It must be easy to make payments, and it must come up quickly when consumers are searching online.

Winning in the mobile world means driving revenues, acquiring new customers, and accelerating transactions. Mobile capture apps need open platforms and frameworks for apps that can be optimized for multiple uses and customized for their organization’s documents, customers, user experience and requirements.

The goal is to meet the financial education needs of everyone in the community — whether it’s the tech-savvy second-grader, the recent high school graduate getting her first checking account or a retiree learning how to stick to a fixed income.

This rise in data breaches and their resulting cost have companies asking “Am I doing enough to protect my data?” As breaches are expected to continue escalating, taking the proper steps to protect your data has never been more relevant or important.

You can't make everyone happy. This seems especially true for developing a Web payment standard to appease a vast number of stakeholders and interests.

Smartwatches may not be popular enough or have enough screen real estate to usurp smartphones as the next major mobile payment device, but there is a strong potential for the two technologies to work in tandem.

In the technology market, making the jump from early adoption to the mainstream is the difference between becoming the next iPad and becoming the next Laserdisc. Mobile wallets find themselves in this very position today as a next-gen product in need of a push to reach their tipping point.

December’s breaches made the most headlines, but the bad news for retailers seems to keep coming every few days, alternating with the latest weather reports to make up a good chunk of every evening newscast.