PayThink

A lot of time can pass between a breach and when a company discovers the incident, creating an opportunity to damage payment systems.

The banking industry as we once knew it has changed, but a world-class, person-to-person, in-store experience still provides a unique way to connect with customers on a genuine level.

The administration’s executive order on financial regulation is open to interpretation, but the document will likely serve as the touchstone for financial regulators in the years ahead.

The shape of health care reform is a work in progress politically. But removing paper from billing should be a noncontroversial piece of the solution.

The Wells Fargo fake-accounts scandal is shining such a bright spotlight that more pervasive problems with the industry’s sales practices are getting lost in the shadows.

Many banks and money transmitters have built successful billion-dollar businesses around P-to-P payments without social sharing and letting users send emojis.

The industry has made great strides in faster payments over the past year. Even more cooperation among stakeholders will be needed in the year ahead.

It would be a pity if our bad collective memory led to an increase in systemic risk in the U.S. regulatory system, with possible international implications, so soon after the crisis.

Contrary to the opinion that the Federal Reserve is out of “options” to boost the economy, the central bank still has these three liquidity-strengthening tools at its disposal.

The traditonal method of scoring merchants based on risk may not work when the attack uses low risk merchants to hide illegal transactions.