PayThink

The OCC’s efforts to bring the technology into the financial mainstream could help people in underserved communities execute payments more securely.

If the U.S. Postal Service can hold talks with big banks, like JPMorgan Chase, about offering financial services in post offices, then it could easily strike up similar conversations with credit unions.

If suppliers don’t get paid in a way that works well in their processes and systems, it causes many nightmares for their accounts receivable team. Those nightmares can spread throughout the organization, causing stress and frustration, says Nvoicepay's Josh Cyphers.

Extending more digital pay can help integrations with other functions such as enterprise resource planning, says Nvoicepay's Kristin Cardinali.

If Congress wants to provide better access to banking services for low-income and rural Americans, it would be wise to consider financial services partners that operate under a not-for-profit model.

The digital banking and payments wave needs more cloud computing and less hardware, says Ripple's Marcus Treacher.

Banks can capitalize on Amazon’s ambitions by teaming up to launch financial products and services aimed at coveted customer segments. But they should beware the legal and regulatory pitfalls.

The Fed's faster payments platform may well roll out in three or four years, but by then it will already be outdated.

The move online has given consumers more comfort with automated channels, writes Mobey Forum's Elina Mattila.

Shifts in consumer behaviors have boosted interest in several loan categories, which could be a boon for credit unions.