PayThink

Subpar mentoring programs for recruits new to the banking industry could be the reason institutions are finding it hard to keep new talent.

Walmart has entered the mobile payments industry, announcing in December that it was introducing Walmart Pay, an upgrade to Walmart’s existing app that will allow in-store shoppers to pay with their smartphones at checkout.

At the start of 2015, there was a sense that Silicon Valley would soon rule the world of finance and that banks risked irrelevance. A year later, a more balanced picture has emerged.

If impending rules on overdraft protection go too far, banks could intentionally pull back on providing the service to illustrate just how useful it is.

Thanks to Editor in Chief Lisa Freeman for her story, "House Panel Approves Data Security, NCUA Budget Bills," (Credit Union Journal, Dec. 9).

As consumers approach the new year, they will be inundated with articles to help them with New Year’s resolutions.

The trade association opens the new year with a pledge to push for changes on the regulatory and legislative fronts while also outlining changes from within.

Banks claim bandwidth and security concerns led to interruptions for personal finance apps, but institutions still resist a more secure and efficient portal.

Unlike the bargain-heavy aftermath of the crisis, acquisitions during the recovery have been hampered by high premiums and unsatisfactory returns.

When it comes to online commerce, the point at which money changes hands has often been the moment a sale falls apart.