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Its approach appears to exclude retailers and small business owners––the very commercial market that would stand to benefit the most from Libra’s social mission, says HotNow's Nithinan Boonyawattanapisut.

There are several ways attackers take advantage of payment systems. Understanding that is part of the battle, according to Bill Horne of Intertrust Secure Systems.

Not only does it illustrate the willingness of regulators to impose massive fines for massive data breaches, it also reminds us that this situation could be just the tip of a financial iceberg, says White Hat Security's Mark Rogan.

Blockchain and distributed ledger technology offer many of the basic elements that are essential components for PCI DSS compliance, writes Doug Wick, chief product officer at ALTR.

In a world where not all gig workers can afford to be choosy, nor all companies agree to go against internal policy and pay early, innovation in pay advance products can provide a mutually beneficial solution, according to payments marketing consultant Gabriel Onyango.

Financial crime screening solutions that are fueled by high quality sanctions and screening data will be a crucial component to achieving success in this complex compliance environment, writes Accuity's Nirhjar Daripa.

There is always the chance that privileged employees will either become bad actors who use their access to confidential data for their own gain, or that they will succumb to a hacking attempt and thereby open the door to an external bad actor, says Unisys' Maria Allen.

If firms don't enroll consumers quickly for card accounts, it suggests other elements of the institution may also be suspect, says Kofax's Dermot McCauley.

Sheila Bair, who holds board seats at several other organizations, will sit on Fannie's compensation, corporate governance and risk policy committees.

After a news report said the bank kept alive accounts customers thought they had closed, Sen. Elizabeth Warren told acting CEO Allen Parker in a letter that Wells is "still fundamentally broken."

Most consumers will share more data, including preferences, if they see a more valuable personalized experience, says Hero Digital's Kristine Stebbins.

The mobile payment revolution has made mobile banking apps even more lucrative and attractive to crooks.

In the age of e-commerce and the "Pays," redemptions will no longer be viewed primarily as an expense to be managed, but rather as a tool to create value through higher spending, brand engagement, and long-term loyalty, says Capco's Daniela Hawkins.

Digital incentive marketing, gift cards and loyalty points creates more information to attract crooks, says PerimiterX's Omri Lluz.

Machine learning can build a layered defense, and analysts don't have to spend as much time combing through data to spot threats, says Exabeam's Anu Yamunan.

Alternatives Federal Credit Union is making loans to pay for gender-reassignment surgery, but the initiative has bothered some members.

Facebook's cryptocurrency poses serious regulatory and economic challenges to global markets, argues Ralf Gladis, CEO of Computop.