PayThink

While well intended, Dodd-Frank only tinkers with our supervisory and regulatory structure rather than making the hard but needed changes.

Regulators should not allow any more bank mergers if the resulting entity would exceed $100 billion in assets. The return is just not worth the risk.

Microsoft inadvertently released the details of its Windows security flaws days ahead of when it planned to release the fixes for them.

American Banker recently ran four items about allegations that banks were ripping off various kinds of businesses: retailers, appraisers, pension funds and homeowners' associations.

People who have had had their financial information stolen online might be more vulnerable to having their wallets stolen in person.

A new bulletin from Visa indicates that it is increasingly concerned about point of sale terminals being adapted to steal card data over Bluetooth connections.

As the United States commemorates the 10th anniversary of the terrorist attack, the financial community, among many others, is taking time to reflect on those lost. We should also remember how difficult it must be for their surviving families.

Stanford University's hospital in Palo Alto, Calif., is offering identity theft protection to 20,000 patients after discovering that their personal information was visible online for almost a year.

August was a difficult month for bank stocks. The KBW bank index fell at one time during the month by over 20% before recovering to a month-end 13.4% decline. This pattern has been consistent for bank stocks, which have retreated from their April highs due to the return of macroeconomic concerns. The KBW index is down 23.1% while the broader S&P 500 is only off 3.7%, year-to-date.

Seventy percent of healthcare organizations report that they have exposed personal information in the past 12 months. Most of the information was exposed by nosy employees.