PayThink

The reviews, mandated by regulators, could turn up errors made by the mortgage servicers' auditors. What if the firm doing a foreclosure review previously audited the same client?

U.S. bankers and telecom providers seeking to crack the code on how to successfully implement and accelerate mobile payments can take a lesson from their peers in Kenya. This country is at the forefront of a mobile banking revolution that is empowering its citizens and opening up new lines of commerce.

One has to admire the tenacity of the credit union lobby. Once again, a handful of very large credit unions are putting pressure on Congressional officials to pass legislation that will increase credit unions' business lending authority from 12.5 percent of their total assets to 27.5 percent. The commercial banking industry has fought off similar attempts for such expansion in previous Congressional sessions and we are working hard to do so once again.

Bank of America's long-running tests to revamp the pricing of its checking accounts have landed it back in the spotlight.

After more than three years of turmoil, the financial services industry is starting to regroup and move forward on the public relations front. It's a return to normalcy, accompanied with a natural inclination to return to the familiar and comfortable. But with new regulations and a rapidly changing communications environment, there is a need to consider fresh ideas — from unexpected sources.

It's about time banks stop whining about increased regulation and do something to get ahead of it.

As Occupy the SEC detailed in our recent comment letter, the agencies’ proposed implementation of the Volcker Rule strays from Congressional intent in several big ways.

Over the past couple of years, the seemingly dull topic of time management has become one that senior managers are showing increased interest in discussing with their teams. I suspect this has as least something to do with the fact that we are asking smaller and smaller branch teams to accomplish more with less.

Now that the agency overseeing Fannie Mae and Freddie Mac has revealed the reasoning behind its stubborn opposition to mortgage principal reduction, the problems with its argument are clear.

"Confidence was so shattered that banks were holding vast unlent sums, and businesses did not want to invest in new capital even though interest rates were at abnormally low levels…The general loss in confidence was the main cause of the low demand, and thus the low level of employment."