PayThink

While many companies already have a compliance officer in place, the EU's General Data Protection Regulation requires a data protection officer, writes Sudeep Nadkarni, senior vice president and head of banking and financial services for NIIT Technologies.

Until FinCEN decides to explicitly regulate transaction laundering, we will not see an organized effort at the state level, writes Ron Teicher, CEO of EverCompliant.

Legislation and regulatory policy that takes a heavy-handed view of overdraft protection could remove a safe and convenient option for consumers managing their finances.

Beyond overall tax cuts, there's also potential benefits for investors in fintech and payments innovation, writes Rick Lazio, former Republican Representative from New York and current senior vice president at alliantgroup.

Technology has sped up the ability to issue new plastic and boost activation times, but that doesn't mean the service is right for every credit union.

Successful mobile payment players such as Starbucks, Alipay and WeChat Pay all rely on optical scanning technology rather than NFC to execute payments. It's time the rest of the industry take note, writes Maikki Frisk, executive director of the Mobey Forum.

Deciding how far to go to protect customers is a complex issue, but one that the industry should address soon as phishing attacks continue to mount.

Some of the most successful recent innovations in payments started with peer-to-peer services before evolving into other products, writes Amitaabh Malhotra, chief marketing officer at Omnyway.

The report’s authors presented findings that seemed to reflect issues with the peer-to-peer lending industry, but they actually relied on data from a much broader category of loans.

With a solution that addresses the unique security, transaction speed and integration requirements of the transit environment, EMV contactless open payments for transit can become a reality and change our public transportation experiences for the better, writes Randy Vanderhoof, director of the U.S. Payments Forum.