PayThink

A mobile-payment system meant to help German commuters buy transit fare has also invited fraud from people prefer to ride for free.

American Banker challenged the enforcement record of the FHA under the leadership of former commissioner David Stevens. During this period the program took important steps to reduce its risk.

While coaching is important, it would appear that “leading by example” is significantly more important.

One of the vital lessons learned from our ongoing financial crisis is the difficulty in measuring the potential impacts of a large, cross-border bank failure. Variance in supervisory processes, regulatory and firm readiness, bankruptcy laws, resolution regimes, policy responses, and official sector coordination mechanisms exposed a vacuum of information necessary to reduce the amplification of stress. These gaps impose enormous un-funded costs to the system.

Sun Bancorp's chief executive says he is not deterred from using social media – even after his Twitter account was hijacked to promote work-at-home schemes.

Last week, the Obama administration, under the leadership of FHFA, HUD and Treasury, and with the support of the Federal Reserve, announced a bold new plan to accomplish what its unsuccessful Hamp program was created to do.

Being incorrectly reported as dead can make people much more vulnerable to identity theft. That's because Social Security numbers get published in the Social Security Administration's death master file.

The Texan presidential hopeful must learn to put policy over hyperbole when he speaks about Ben Bernanke or the Federal Reserve.

As if the financial system needed more challenges, there is a huge one lurking that never goes away: keeping data secure. Because our current market and economic predicament has presented a barrage of other risks that are perceived as more immediate, securing customer and corporate data too often remains at the bottom of the triage list.

The GOP presidential hopeful went too far in suggesting that Bernanke's policies are "treasonous."