PayThink

The technology revolution requires ISOs and agents to pursue merchant relationships based on a range of services in addition to traditional hardware.

The Open Financial Exchange has 7,000 installations. More than a decade ago, the industry saw the data standard as the solution to screen scraping, a practice that bedevils them today.

Banks have traditionally used consumer products to serve small businesses. The growth of alternative payment options means banks may lose customers, particularly among young business owners.

Any economic environment, including this one, has risks but it is unclear whether banks are sufficiently worried about what lies ahead.

Financial innovation will stall unless we, as an industry, collaborate on a universal data gathering standard.

As consumers use digital channels more, merchants are under pressure to not only make payments seamless, but tie transactions to broader customer-facing and internal functions.

The hurdles for bank-to-CU conversions are in almost all cases too big to for for-profit institutions to overcome and still operate responsibly.

The OCC's limited-purpose fintech charter will separate the healthiest fintech companies from the unhealthy ones — leading fintech one step closer to disrupting the incumbents.

As the new Congress and administration take shape, the credit union trade association is ramping up lobbying efforts even as it celebrates a major milestone.

The effort to end regulatory absolutism will most likely succeed if it is framed as a pro-economy reform, with members of both political parties driving the train.