PayThink

Apple's desire to maintain tight control of the payment experience is likely to wind up pushing banks away from iPhones and toward Android and host card emulation technology.

With all the recent events unfolding in the American business, economic and political sectors, perhaps the most concerning isn't so much the competency of leadership, but rather its values and ethics.

The vision that Apple’s founder Steve Jobs once had of a new type of mobile phone that could become so instrumental and integrated into people’s lives that they’d rather leave their wallet at home than their iPhone is starting to take shape.

Microbranches have their merits — but banks should be aware that changes in technology and customer preferences could render them obsolete.

Until we know without doubt with whom we are transacting, the legacy payment networks cannot be made secure for Internet-sourced electronic payments.

Apple Pay appears to be missing one key thing: A reason to use it. Most other mobile wallets come with a reward program, but Apple currently isn't going that route.

The New York Times' Neil Irwin says Apple Pay is trying to solve a problem that isn't a problem, but he’s missing the point.

More millennials could become homeowners if banks educate them about private student loan refinancing options and programs that can help them obtain affordable mortgages.

Modest bank asset growth is a reality. That needn't be a bad thing for bank stock prices, but operating strategies that try to fight it might be.

Most ISOs don’t promote automated clearinghouse (ACH) payments to their merchants. In fact, if you asked a random salesperson in the payments industry to explain what an ACH payment is and how it works, you would most likely get an incorrect answer.