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One of the areas where Uber has raised the bar for customer experiences is in payments.
July 20
CCG Catalyst -
A recap of the informed opinions (and the discussions they generated) on BankThink this week, including ways to make megabanks pay for their too big to fail subsidy and how banks can help put an end to human trafficking.
July 17
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Financial monitoring is one of the most effective ways to identify human traffickers. That's why it's crucial that banks work closely with law enforcement officials to put a stop to this criminal activity.
July 17
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With the implementation of buy now buttons, social media will turn into a virtual shopping mall, where users can casually browse products from the brands theyre following.
July 17
Abtek -
A recent CFPB study lays the groundwork to roll back financial firms' use of arbitration clauses. But rather than protecting consumers, such a measure could wind up forcing people into costly and time-consuming lawsuits.
July 16
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Blythe Masters scores one for women in the boardroom, the Fed's Sarah Bloom Raskin is leading a campaign to declassify cyber security info for banks, and Yellen is still at odds with Congress but at least "the ecomomy doesn't stink."
July 16
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Wall Street's favored bank-resolution strategy would virtually guarantee future bailouts while imposing the costs on taxpayers and ordinary investors. At the very least, the damage can be mitigated with three key reforms.
July 16
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As the path to purchase becomes increasingly more digitized, the act of executing the payment transaction has shifted further and further into the background.
July 16
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Nobody wants a big-bank bailout, but compared to the risk of contagion, it's the lesser of two evils.
July 15
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Banks often complain that the Federal Reserve's zero percent interest rate policy has been hard on profits. But they may not be as informed about the long-term negative effects of the Fed's annual inflation target of 2%.
July 15