PayThink

A recap of the informed opinions (and the discussions they generated) on BankThink this week.

Granted, journalists can be scavengers; they're nosey and can be positively annoying when they want information. But why does a whole group of crypto-anarchists and technologists think they have the moral high ground?

New innovations in data security, including chip technology, tokenization and end-to-end encryption, are adding even more technologically advanced fraud prevention tools to our nation's payments infrastructure.

Risk and strategy are big topics this time of year, and for good reason.

Few companies are more intertwined with both the history and future of credit unions than CUNA Mutual (remember Mother Mutual?), so any change in its leadership can mean a decade of repercussions for its CU and CU member policyholders.

The massive transition to update magnetic stripe cards to EMV by the October 2015 liability shift has raised many questions.

Bitcoin's mysterious inventor, Satoshi Nakamoto, has apparently been discovered by Newsweek reporter, Leah McGrath Goodwin. And I'm torn.

By assessing internal needs, planning how to deal with the external pressures and weighing the value of a good risk chief, banks can make an informed decision on who guides their risk management program.

It is not right that a creditor be held liable for unintentional discrimination on the basis of less evidence than is required to prove intentional discrimination. Leveraging a settlement on threat of litigation without such evidence is an abuse of power.

As evidenced by recent high-profile data breach incidents at major retailers , keeping payment data secure in today’s world is an increasingly complex challenge.