BankThink

A recent column by Penny Crosman on whether cards with newer chip technology should be paired with a signature or PIN, for added security, came down squarely on the side of using PINs. But the article overlooked a key fact in the debate: neither is the most important defense against fraud. It’s the chip that matters.

The debate over whether signatures or PINs are a stronger security feature overlooks the fact that neither is the most important defense against fraud.

The vaguely defined term needs an overhaul to meet the financial demands of refugees and others long ignored by efforts to expand banking access.

Big Banks' Effort to Seize Mortgage Business from GSEs

Merchant cash advance (MCA) is a common form of alternative lending that many ISOs and agents offer to supplement their income.

Legislative proposals to reform the housing finance system have failed to garner enough support, but a surprisingly simply reform idea is in plain sight: deeper private mortgage insurance coverage.

Attempts to sneak provisions into a final budget deal may be sold as helping community banks, but many of the measures really help big banks and undermine consumer protection.

A pending bill that deals with the Federal Reserve's policy methodology doesn’t force the Fed into a corner but merely tries to foster meaningful dialogue between Congress and the central bank.

Jobs Data Set Up Rate Hike; ECB's QE Hits Markets

Weighed down by regulation and besieged by technology companies on nearly every front, traditional banks have been slow or unable to react to the recent surge in fintech innovation. While the payments battle has primarily taken place on the consumer side, a similar scenario may soon unfold in another major segment of their operation: business banking.