PayThink

Almost a year after the Volcker Rule was finalized, banks still have questions about which regulators are taking the lead on the rule and how the supervisory and enforcement process will work.

For the last decade, year-on-year the payments industry has predicted the shift of mobile payments to the mainstream.

Recent technological advancements are forcing banks to change the way they do business while staying true to the customer relationships that determine their success.

U.S. issuers, acquirers and merchants that are executing EMV migration projects face liability shift dates and increasing consumer demand for more secure transactions.

A new study suggests that most consumers only waive their right to sue companies in court and participate in class actions because they don't understand the contracts they're signing.

Mandatory retirement ages and term limits can backfire by forcing out board members with badly needed skills. It's better for boards to take the necessary, though socially uncomfortable, step of convincing underperforming directors to leave.

When the iPhone and iOS launched in 2007, Apple initially didn’t provide support for third party developers.

The Federal Reserve was comfortable as a behind-the-scenes regulator, but it’s now expected to be a public enforcer as well. Asking the agency to balance these contradictory roles is a recipe for trouble.

Bankers can prepare for the eventual dominance of mobile technology by investing in interactive videos and moving away from monolithic applications.

As I mentioned in my first prediction for 2015, our global economy and interconnected business world is going to lead to new, innovative financial and payments technology in the next year.