PayThink

Banks won't be happy that a company not subject to federal supervision is filling a void that they, as regulated institutions, were forced to leave.

Lots of bankers have lost their focus on customers, lending and costs. Instead they tune in on distractions, such as politics and regulatory policy. I don't think that's good, but let's use it to shape a strategy that gets results.

Microsoft plans an update next month to remove copies of Internet Explorer 6, an older version of its Web browser that has "more security holes than Swiss cheese," MSNBC.com reported Thursday.

Ancestry.com has removed the Social Security numbers of the deceased from its website.

A lawsuit brought by a group of retail associations and retailers against the Board of Governors of the Federal Reserve System asks the courts to find the board's rules to implement the debit card swipe fee requirements of the Durbin amendment to be "arbitrary, capricious and an abuse of discretion."

If manipulation of the interest rate benchmark inadvertently benefited borrowers, someone else had to pay the price.

One day Ed, CEO of the local community bank, was in his office waiting for the start of the most dispirited board meeting in his bank’s 100-plus year history. As he waited, Ed began reminiscing about his first day at the bank, when he began working as an office boy at age twelve.

Why did PricewaterhouseCoopers allow MF Global financial statements to be issued with a clean audit opinion? Why wasn't there a "going concern" warning?

It was a scene begging to be turned into a Christopher Guest script (remember, "Best in Show" and "A Mighty Wind?"): A film crew sets up last week and prepares for a shoot around the Foley Square area of lower Manhattan.

California has created an eCrime Unit to investigate identity theft and other cybercrimes, Kamala Harris, the state's attorney general, announced Tuesday.