PayThink

CUNA turns banker questions on tax status, FOM and more back around on them.

Having banks hold fortress balance sheets and be limited to traditional intermediation would require giving them monopoly status over certain products.

The news is full of debate over a replacement for Antonin Scalia on the Supreme Court, but the delays in filling seats on another important government panel — the Federal Reserve Board — should get more attention.

Encryption keys are vital to the secure operation of payment acceptance devices. But key transport protocols have not kept pace with the movement toward standardized encryption practices. This adds cost and complexity to payment infrastructure and processes.

Despite billions in revenue annually, legal marijuana businesses have yet to find a solution to the industry’s lack of reliable payments, banking and other financial services.

Contrary to claims of anticompetitive practices, manufactured housing industry leaders want to increase the number of lenders offering financing.

Longtime advocate of the Community Development Financial Institution program Cliff Rosenthal is thrilled to see it blossoming; but he also shares concerns for the growing pains that could be on the horizon.

A group of credit union executives all experienced an epiphany about the CFPB recently, but the big question is, did the regulator get it too?

Regulators are quick to laud "core" deposits and so-called stickiness, but the reality is that brokered deposits — especially CDs — have become some of the most stable and cost-effective funding available.

Despite generating an estimated $4.5 billion in revenue last year, the legal marijuana industry has yet to solve one of its biggest issues—the lack of reliable payments, banking and other financial services.