PayThink

Contactless payments, staging and early wage access have built a permanent following and should be part of any alternative financial services mix, says DigitaMint's Marc Grens.

The uncertainty from the pandemic has made costs unpredictable, says Ally Lending's Hans Zandhuis.

Consumers will still prefer minimizing physical contact, while relying on digital payments and looking forward to adopting smarter methods that are secure, convenient, and less time-consuming, says Global Market Insights' Vinisha Joshi.

Despite tougher privacy regulations, further safeguards are needed that require consumers' clear consent before personal information is exchanged.

It is a frustrating reality during a time of national crisis that emergency payment options for vulnerable populations remain such a complex and inefficient landscape, says Flourish Ventures' Sarah Morgenstern.

Changing regulations mix and uncertain access to international talent are among the potential challenges, but both sides favor fintech--in their own way, says QED Investors' Nigel Morris.

States have led the way on fintech rules, but a Democratic-led government would take a stronger role, says DailyPay's Matthew Kopko.

Good communication is integral to facilitating collaboration between departments and offering a reminder that security is not achieved solely within the IT department; rather, it is a team effort, says KnowBe4's Javvad Malik.

Credit is tightening to 2008 levels at a time when small businesses need help the most, former SBA chief Karen Gordon Mills says.

Businesses are looking for banks to help them shed paper and automate transactions, says FISPAN's Clayton Weir.