PayThink

We are allowing the retailer organizations to tell our story. How the heck do they know what it costs banks, credit unions, or the VISA and MasterCard networks to run these transactions?

The Consumer Financial Protection Bureau will usher in a new era in regulation for credit unions. Fortunately, credit unions' core principles provide a solid foundation for addressing some of the CFPB's primary goals.

Five central strategies for measuring and improving the member lifetime value of our member bases, critical for enhancing our member-centric models in order to produce sustainable revenue and profitability.

Though its investigation into Morgan Keegan laid out extensive evidence that employees actively misled investors, the SEC's settlement signals the limits of current enforcement.

Quantitative Easing II comes to a close at the end of June. The Durbin amendment will take effect in late July. This is spectacularly bad timing.

It is five years since the 2006 peak of the great housing bubble and time to re-state the repetitive lessons of financial history.

At the height of the massive financial turmoil that rocked the United States in 2008 and 2009, some of us in the financial literacy movement recognized that what was unfolding was more than just an historic economic calamity; it was a national teachable moment.

Thirty-seven years ago this month, the failure of a small German bank sent shock waves through the system, costing banks from New York to Singapore some $620 million in losses.The collapse of Bankhaus Herstatt in Cologne made the front page of the June 27, 1974, issue of American Banker, which we've republished today on our 175 anniversary Flashback site. While technology has made a repeat of this particular transcontinental foreign-exchange debacle unlikely, the broader theme of contagion is as salient as ever.

The Senate's refusal to allow for a critical study into the full impact of the Durbin amendment delivers a crushing blow to Main Street America. Often we hear politicians speak of Main Street as the backbone of society, making community banks the pillars for national economic stability, yet Congress is now ushering in an era of increased failure and consolidation of community banks in favor of big box retailers, bringing an already sluggish economic recovery to a crawl.

Re: "Geithner Blames SBLF Delays on Bank Regulators"