PayThink

The rapid growth of competition from nonbanks has the potential to hit community banks harder than the mortgage meltdown.

The volume of payment apps is reaching critical mass. From retailers to coffee shops to airlines, companies across virtually every industry have developed a mobile app to make the payments experience simpler and faster for their customers – and to gather more data on who they are and how they spend their money.

It's easy to make certain assumptions about what various demographics want, but it's also easy to be wrong. A recent survey on what people want from their financial institutions offers deeper insight.

The government's new proposal for operationalizing the wind-down powers of Dodd-Frank is just institutionalizing "too big to fail."

There is a whopping $630.5 billion bonanza of holiday shopping projected to occur this holiday season, according to the National Retail Federation. Though if retailers aren't ready to accept chip cards and mobile transactions, they could miss out.

Evidence points to thousands of arbitrations for individual claims in recent years, and there likely would have been more if not for negative publicity about arbitrations.

The United States and United Kingdom recently published detailed money laundering and terrorist financing risk assessments identifying both law enforcement and national security challenges.

The industry deserves credit for rebuilding the Deposit Insurance Fund after the crisis, but victory is far from achieved in preparing agency reserves for the next crisis.

Did men get more than their fair share of the managing director promotions at Goldman Sachs, and what does Barbie have to do with a Fed trailblazer? Also, JPMorgan Chase's Mary Callahan Erdoes isn't getting on the robo-advisory bandwagon and women talk about "systematic sexism" in the journalism and entertainment fields.

Presuming that medium-sized banks that offer hedging products face added interest-rate-risk fears misses the full story.