BankThink

The DOJ wants the banks it threatens with litigation to admit accountability, pay hefty penalties and takes steps to satisfy the public thirst for payback. But the financial system would be better served if the bulk of regulation was left to the banking agencies.

AIG Bailout on Trial; Goldman's New Conflict of Interest Rules

The debut of Apple Pay has far-reaching implications for the future of the U.S. payments system and has cast a bright light into a murky mobile wallet payments environment. Some may even wonder if Apple Pay is in fact poised to eclipse plastic card payments.

Apple has a high-profile name and knack for revolutionizing the markets in which it operates. But consumer confusion over a myriad of mobile payment options and technologies may be a stumbling block for Apple Pay.

The debut of Apple Pay has far-reaching implications for the future of the U.S. payments system and has cast a bright light into a murky mobile wallet payments environment. Some may even wonder if Apple Pay is in fact poised to eclipse plastic card payments.

Depending on who you ask, the launch of Apple Pay was either exciting or uninspiring. The truth is far more complicated — particularly in terms of how it will impact the dynamics of Apple's relationship with banks.

Bank of America's recent mortgage settlement with the DOJ includes a number of striking admissions about its underwriting and origination process in the run-up to the financial crisis. These facts may provide banks and correspondent lenders facing buyback demands with a fresh line of defense.

It's strategic planning season, which means it's time to discuss growth, new opportunities and the future of your members' credit union.

Secret New York Fed Recordings Released; U.S. Bank Fined

Are you in the cloud, or are you just making use of cloud technology?