PayThink

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.

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.