PayThink

The Ohio special election is the latest sign that Democrats are well positioned to retake the House in midterm elections this fall.

Earlier this year, the Central Bank of Ireland announced plans to launch a fintech innovation hub, with the intention of engaging with all firms that are delivering innovation across the financial services sector, says Billy Hanley, senior development adviser for Enterprise Ireland.

The central bank’s dividend waiver rule has severely limited the formation of mutual holding companies.

The fact remains that the vast majority of international payments are still done via banks and through the correspondent (SWIFT) network, writes Rosie Faulkner, vice president and money laundering reporting officer at Earthport.

Lack of preparation for a PCI DSS assessment usually results in unexpected and unnecessary expenses, as well as lost productivity among all parties involved, writes Marc Punzirudu, director of security consulting services at ControlScan.

The agency’s decision to offer special-purpose charters for fintech companies raises questions about how those institutions will be overseen and the risks they could pose to the system.

Given how much financial activity occurs every second, every day, it’s important for banks and financial organizations to develop a robust AML strategy that is effective in stopping fraudsters in their tracks, according to Gaurav Deshpande, vice president of marketing at TigerGraph.

Consumers' growing dependence on smartphones makes it all the more crucial to be prepared to do business where your members are.

Facebook is seeking customer data from big banks. Executives say it's not clear what the benefit would be, but the drawbacks are easy to tally.

Banks aren’t the only ones that need to keep pace with digital innovation — government agencies must also work to stay relevant.