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The CFPB has a historic opportunity to fix the small-dollar loan market by emulating Colorado's reforms. That would mean requiring all payday lenders to offer affordable installment payments and cracking down on deceptive practices like loan flipping.
February 4
- PH
S&P Re-Examined After $1.5B Settlement; B of A Request Denied
February 4 -
In a term often reserved for interior design, women's fashions or ballroom dancing, Apple Pay users call the mobile pay system "elegant" because of how easy it is to use.
February 4
American Banker -
The CFPB's "Safe Student Banking" initiative is designed to pressure students' educational and financial institutions into offering young people narrow options.
February 3
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Bank managers can motivate their teams to make sales without forcing them to pounce on customers the moment they walk in the door.
February 3
- PH
S&P, DOJ Reach Hard-Won Deal; Lending Club Joins Up with Alibaba
February 3 -
There is a lot of confusion in the retail industry around payments and Point-of-Sale (POS).
February 3
Vend -
Revising the current control rules could give banks access to more capital from private equity, hedge funds and other institutional investors.
February 2
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Banks victimized by loan fraud, identity theft, embezzlement and other crimes may be reluctant to cooperate with federal authorities. But it's often worth their while.
February 2
- PH
First Mariner CEO's Second, Covert Career; What's 'Culture'?
February 2

