BankThink

Efforts to limit so-called tax inversions are destined for failure until policymakers reform the corporate tax rate, writes Mark Olson of Treliant Risk Advisors.

Banks that misinterpret regulatory guidance on vendor risk management can wind up shortchanging themselves and stifling industry innovation, according to consultant Paul Schaus.

'Sophisticated' Cyber Attacks on Banks; Lending Club's IPO

Merchants now operate in many channels, presenting challenges for merchant service providers to locate payments technology that's flexible, easy to deploy and ready to accommodate emerging security mandates.

For the first time in history, the Federal Reserve will have to engineer changes in the federal funds rate by using taxpayer dollars to pay a higher interest rate on reserves or to implement a reverse repurchase agreement program, according to Paul H. Kupiec of the American Enterprise Institute.

Congress should impose national data security standards on retailers in order to ward off cyberattacks and ensure the safekeeping of sensitive customer information, according to Carrie Hunt of the National Association of Federal Credit Unions.

Dodd-Frank Rules Expected; Stumpf Talks

According to Javelin Strategy & Research’s 2014 Identity Fraud Report, 13.1 million consumers became a victim of identity fraud in 2013—the second highest level on record. This means that 5% of the U.S. population is now being affected by identity fraud every year.

Many active-duty service members are unaware that they are eligible to postpone mortgage payments under the Servicemembers Civil Relief Act. A group of major financial services companies have pledged to improve communication about this option, according to the Financial Services Roundtable's Tim Pawlenty and John Dalton.

Pride, greed, sloth and envy are just a few of the potential stumbling blocks in the management of banks' bond portfolios, writes David G. Barnes.