BankThink

Of all the presenters at CO-OP's recent THINK Conference, perhaps no one gave CUs more to think about than Gary Vaynerchuk.

The financial industry should focus on creating new methods of identification, authentication and privacy protection that ward off fraud while keeping consumer inconvenience to a minimum.

The regulatory focus must shift from prohibiting undesirable risk behavior to changing the incentives that cause that behavior.

Preventing the Next Housing Crisis; Santander Targeted for Alleged Redlining

The development of contactless technology, thanks to the NFC adoption in mobile handsets, is offering a new opportunity to create and develop value added services for the end user with an innovative and interactive experience.

Diebold Chief Innovation Offer Frank Natoli Jr. maps out what it will take to make biometrics a banking reality.

Historical patterns of human innovation suggest that the ever-expanding array of payment technologies will eventually hit a wall. Some of today’s most prominent payments platforms may not survive the next cycle.

Cities including Baltimore and Los Angeles have brought lawsuits against banks alleging that subprime lending to minority borrowers wound up costing municipalities tens of millions of dollars. A recent Supreme Court ruling could help banks deflect such charges.

Square Makes Small Business Loans; Is SEC Slow on Reform?

There’s no doubt that the payment industry has gone through significant changes over the last few years. The implementation of stringent federal regulations presents a number of challenges for payment processors. And with increasing instances of frauds and disputes, merchants and customers alike are expecting payment service providers to ramp up in terms of security measures, yet still make transacting easy for them.