BankThink

The credit card issuer paid $95 million to settle charges it offered inferior terms to customers in American territories; Mitsubishi UFJ wants to become a top 10 U.S. bank.

As marketing becomes more expensive, issuers are under pressure to find new ways to lure merchants, according to Eric Marks and Sean Clark from West Monroe Partners.

Contactless payments today seem to address the slowness of EMV contact without compromising security. And unbeknownst to many, it uses the same security protocol, writes Andrey Tikhonov, senior director of payment technology for Infinite Peripherals.

Not only did Walmart's bid for an industrial loan company galvanize bankers, it also turned the ILC world upside down.

Bank earnings rose nearly 11% in the second quarter, according to the FDIC; Goldman lobbying to kill or weaken the rule to boost its bond trading performance.

With the right focus and a little bit of pre-work, many companies can leverage ISO 20022 as the new global standard, writes Kate Risch Choi, a senior product manager for treasury and payment solutions at BMO Harris Bank.

Contrary to the view of some, technology has not rendered the Community Reinvestment Act obsolete. But everyone seems to agree that it should be reformed.

Banking lobbies are still opposed to the Durbin Amendment, which would hurt a free market, writes Mark Horwedel, CEO of the Merchant Advisory Group.

Where existing money and payment systems are wanting, mutually consenting adults are resourceful in finding ways to transact, notwithstanding government restrictions.

Hackers are stealing enthusiasts’ phone numbers, then changing the passwords to clean out their financial accounts; bank makes pledge to human rights groups.