PayThink

The transparency and responsibility you demonstrate will help you build more trusting relationships with your customers and the public, according to Carl Mazzanti, founder and CEO of eMazzanti Technologies.

Young consumers do not trust centralized authorities, making the distributed ledger attractive, according to Donika Kraeva, strategic communications manager for Dentacoin.

Comptroller of the Currency Joseph Otting writes that the Community Reinvestment Act has not kept pace with changes in banking and needs to be updated.

There is space for banks to enter a market they largely ignore, according to William Phelan, president of PayNet.

Younger consumers’ intimacy with technology and wariness about traditional financial markets means these demographics have more trust in crypto, writes Csaba Csabai, founder and CEO of Inlock.

The country’s largest banks, and even some lawmakers, are calling on the banking agencies to roll back requirements imposed after the financial crisis. But that puts the economy at grave risk.

Institutions must enhance their fraud prevention strategy, and the most effective and successful way for doing so is by empowering customers to detect and respond to suspicious activity before the funds ever leave their account, writes Deborah Peace, CEO of ACH Alert.

The majority of Play Store users are likely not intentionally using cryptomining on their devices. Therefore, Google needs to take the responsible approach of preventing unwanted or unhealthy usage of their end users’ devices, according to Barry Shteiman, vice president of research and innovation for Exabeam.

Banks can’t just make jobs fun, they must help workers find meaning.

Growing consumer expectations for 24/7 digital access and real time decisions as well as competitive pressures have reduced the time that organizations have for manual review, writes Mike Lynch, chief strategy officer at InAuth.