PayThink

Competition between hundreds of national and global payment systems forces everybody to continually adapt, up their games, culling weaker and underperforming systems and inviting the search for better mouse traps, says Intrepid Ventures' Eric Grover.

The benefits include improved financial inclusion, the chairman of the NCUA argues.

The benefits include improved financial inclusion, the chairman of the NCUA argues.

It seems the payments industry is once again pushing liability to the merchants with no plans to hold anyone else along the payments ecosystem accountable for ensuring that viable solutions are available, says the Merchant Advisory Group's John Drechny.

If consumers suddenly change bill pay habits, many processing systems and third party collectors will be overtaxed, says Alorica's Jay King.

Criminals are filling the void left by lax U.S. regulation of cryptocurrencies.

Costs to maintain ticketing systems are jumping for metro systems, but there's still a lack of standardized open-loop options, says Fime's Alex Chen and Angaj Bhadari.

Alternative lending companies are one of the strongest examples of how leveraging rich financial transaction data can be used to go beyond traditional credit risk assessments, says Finsync's Eddie Davis.

Lawmakers are close to solving one of the financial services industry's biggest headaches. It's in the public's interest for them to do so.

The recent Dodd-Frank rollbacks for smaller banks could encourage risk-taking that leads to a systemic issue.