PayThink

This week marks the fourth anniversary of the "Durbin amendment," a defective law directing the Federal Reserve to impose price-controls on debit interchange fees.

The changing demands of consumers who are increasingly mobile, and the emergence of disruptive technology, are changing the payment model for financial institutions.

Banks are being "unbundled" by challengers in numerous business lines, but they can recapture the relationship with the help of technology and the right mindset.

To better serve millennial mortgage customers, lenders would be helped by understanding how the "fear of missing out" mentality drives this generation's consumer culture.

2016 Presidential candidate Carly Fiorina telegraphs a message that the mortgage industry would do well to heed.

Many points of research show that as many as half of small businesses suffer from cash flow problems. In fact, the majority of small business owners cite cash flow as their number one challenge.

Bank of America's ops and tech chief is looking to discuss the Internet of Things, innovation, diversity and recruitment at this week's global wholesale banking conference.

In a new book, PayPal founder and former exec Elon Musk argues that big thinking is missing from PayPal and payment startups. Put another way, NFC and QR codes won't repair the global economy. The problem is Musk's big-picture approach is it would challenge interoperability and ultimately stagnate the very industry he's trying to save.

Adoption of mobile payments has been slow, and it's not clear why. Some have suggested the problem is a lack of understanding among consumers. Others have questioned whether mobile payments really address a consumer pain point.

Buyers of securitized loans sue Lynn Tilton, the Pittsburgh Home Loan bank's Kristina Williams advises women executives on leveling the playing field, ex-Ally Bank chief Barbara Yastine joins a wealth management firm and Google's Ruth Porat warns about the economic threat posed by mounting student loan debt.