PayThink

Every now and then some doomsday cultist predicts the end of the world, but it doesn't occur. No big news.

CUES, CUNA and NAFCU could all abandon their management school curriculum and just have CEOs who have been in the trenches sit down in front of classes and talk about their experiences.

The auto lending market is improving and credit unions are increasing their focus in this market to tap into the profit potential, as they continue to win over unhappy bank customers.

Call report instructions should be modified in order to properly measure the magnitude of long-term assets and interest rate risk.

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.