BankThink

DFS Head Resigns; Goldman Faces $50M Fine

As retailers gear up for a busy holiday shopping season, many are wondering how much e-commerce, and more specifically mobile commerce payments will contribute to overall sales this year. The quick answer is retailers need to embrace m-commerce.

The article ‘Postal Banking Is a “Great Idea’: Bernie Sanders’ published Oct. 21 online by Credit Union Journal is yet another example of efforts by elected officials in Washington to have government encroach upon the activities of private enterprise.

Recent industry’s analysis of the credit market is too good to be believed or sustained, which should raise red flags for everyone.

USAA Joins Forces with Visa; Bank Directors Need More Tech Savvy

Last week U.S. House Small Business Committee held the second part of a hearing entitled “The EMV Deadline and What it Means for Small Businesses,” which was supposed to address payment security in the United States.

With multiple points of contact and a boatload of documentation requirements for every loan application, anything credit unions can do to make this process for seamless — and less painful — for members is vital.

With the EMV liability shift having just passed, banks and merchants alike are scrambling to comply with the card network-imposed deadline.

Barclays, Credit Suisse in Dark Pool Settlement Talks; Report Pleads for Rate Hike

Target, by all accounts, the corporate face of retail data breach, is driving full force to use its complete embrace of EMV to bolster its tarnished image and put it in the vanguard of card fraud protection and data security. And it is targeting one of the biggest sticking points to EMV: user adoption.