Opinions

Many of the changes on the horizon were inevitable, but the pandemic has accelerated the shift to digital payments and finance, forcing banks to reevaluate their models and pivot toward faster technology adoption.

A mix of online, offline and point of sale credit is necessary to manage new retail models, says PPRO's Steve Villegas.

The actual exposure could be more than ten times the initial breach, due to downstream sales of data, says Bitglass' Anurag Kahol.

Institutions considering new technologies must ask themselves what they're looking for not just from a product but from a partner.

While the pandemic will be over eventually, the consequences of poor cybersecurity practices will be here to stay, says Pindrop's Sarosh Shahbuddin.

The OCC’s efforts to bring the technology into the financial mainstream could help people in underserved communities execute payments more securely.

Once a BOPIS strategy is in place with the appropriate fraud controls and logistics to provide a smooth customer experience, it can be a secure way for merchants to find growth and convenient way for consumers to shop, says Visa's Michael Lemberger.

The trend toward payments that limit contact will continue beyond COVID-19, says EMVco.'s Brian Byrne.

The retailers seeing exponential growth are the ones who have tailored and localized their payments offering to a global audience, says PPRO's Steve Villegas.

A variety of new tools and strategies are emerging to manage payroll, billing, balances and cash management, says Bank of America's Karen Ly.