PayThink

Children are targets of identity thieves not only because they tend to have clean credit histories, but also because it can take years for kids or their parents to discover the identity theft occurred.

The recent Dreamforce conference in San Francisco focused on the rise of the 'social enterprise.'

Here is a common scenario. A bank executive develops a new product, maybe a fee-generation concept. Properly following procedure, he consults the compliance officer, who performs a check-the-box review and signs off — but raises a "fairness" concern because the product is controversial with regulators and consumer groups.

Hackers are able to intercept the security text messages banks send to online banking customers' phones to validate them as they log in.

In her final appearance before the Senate Banking Committee, former FDIC Chairman Sheila Bair confirmed that the Dodd-Frank Act would prevent bailouts along the lines we saw during the last financial crisis. This is the conventional view but, as the markets react to rumors of deteriorating economic conditions leading to the need for bailouts of Eurozone banks, and perhaps a contagion affecting U.S. banks, that confidence may be ill-placed.

Up to 40,000 credit and debit cards used with arcade machines supplied by Vacationland Vendors were affected in a breach of the company's card processing system.

The oft-referred-to credit union "community" is really one of "communities." And sitting atop those communities and acting as a United Nations of Financial Co-ops is the World Council of Credit Unions, which has a new CEO at the helm.

The president and CEO of NASCUS says the credit union system, regulators and industry have a valuable opportunity to realign our regulatory framework in a way that supports and enhances the movement into the future.

We are often told things that challenge us make us stronger. I'm not sure if that is true, but I do know that events and people will change a person.

The administration is introducing the American Jobs Act to Congress in attempt to alleviate the prolonged high levels of unemployment. The act includes payroll tax cuts, tax credits, extended jobless benefits, fixes for school infrastructure and road repairs.