PayThink

You'd have to be, well, high not to have seen all the reporting around the New Year related to Colorado's and Washington's legalization of recreational marijuana sales.

Visa and MasterCard have little real interest in implementing effective security because they don’t absorb fraud losses.

Zombie companies have survived on the loose monetary policy of the past few years, designed to help at-risk businesses stay afloat and keep people employed in the wake of the financial crisis. But forthcoming changes will make it hard for these firms to repay their debt.

Of all the potential benefits, mobile-driven loyalty is the factor with the greatest potential to drive consumer adoption of mobile payments.

The authors of banking law have shown a strong and recurring interest in name-identification with their work. Eponyms can provoke emotional reactions and facilitate the merger of persona and policy.

Requiring HUD to take a stand on how it measures disparate impact may at least remove the anomaly whereby government unwittingly increases the chances a lender gets sued for discrimination.

The Sniper's main contribution seems to be shooting down others' ideas. The Historian defends the status quo to the end and the Jetson is convinced the bank's existence rides on the latest technology craze. All of these mind-sets are shortsighted.

Banking is increasingly a data-driven business. By creating a shared data and analytics utility, community banks could glean valuable insights on their business currently available only to large institutions.

The Federal Reserve should allow market participants to make their own bets on what the central bank will do and when it will do it.

The United States is the most successful political, economic, and financial enterprise the globe has ever seen. It has this position because it has always embraced risk.