BankThink

The bank says going green can open the door to more capital; Goldman is shrinking the number of people who make the grade but increasing the rewards for those who do.

While validating the card itself can protect merchants from accepting fraudulent cards at the point of sale, it does not protect the actual data on the card itself from being intercepted in the POS device, says Bluefin's Rustin Miles.

The trends were already pushing new payment experiences, which now seem less futuristic, says VeriTran's Omar Arab.

2020 has been a year of adapting and accelerating customer experience goals based on changing customer behaviors. Arizent CEO Gemma Postlethwaite speaks with Beth Johnson, Chief Experience Officer at Citizens Financial Group, about aligning an organization around the voice of the customer, taking a holistic view of front-end and back-end investments, and designing experiences for a full range of customer interactions, from answering daily needs to delivering higher value insights and deep advice.

The influx of more deposits, even as lending shrinks, could force the largest banks to reserve more capital; Life Plan could help the bank compete better against fintech offerings.

The threat has been exacerbated during the pandemic, as shelter in place orders forced consumers inside and businesses to close their physical doors, while simultaneously opening online ones, says Sift's Kevin Lee.

Any regulator or bank should build from a foundation of diversity, dignity and respect, says Grovetta Gardineer, the agency's head of national bank supervision policy.

Retailers that provide customers with their preferred way to pay — visible or invisible — will be the ones who prosper in today’s competitive marketplace, says PPRO's Matt Jackson.

Race “was an ever-present factor throughout” Tidjane Thiam’s tenure and may have led to his ouster, New York Times says; the unit offers reloadable debit cards to Walmart, 7-Eleven and others.

Facebook's size and aggressive moves into mobile wallets and stablecoins pose a formidable threat to other big technology companies and traditional payment networks, says Intrepid Ventures' Eric Grover.