PayThink

The Obama administration's proposed bank tax would apply to all liabilities of large financial institutions — including their deposits. It's bad policy to tax the funding that banks use to make loans to consumers and businesses.

Many financial institutions have become cold and impersonal. It has become a chore to have to go into them and when you do, you can't wait to get out. Credit unions are supposed to be different.

The Massachusetts senator recently argued that community banks have little need for regulatory relief. But a closer look at recent FDIC data shows that the health of small banks has taken a turn for the worse in the aftermath of Dodd-Frank.

Samsung's purchase of LoopPay preps the company for mobile payments move, but the initiative will face challenges because of the initial dominance of magstripe technology and other factors.

By prosecuting executives responsible for banks' misdeeds, the DOJ can curtail illegal activity and restore public trust in big banks — and in the law itself.

Congress should end Puerto Rico's exclusion from federal bankruptcy protection — but it's unfair to leave the territory's existing creditors in the lurch.

The Federal Reserve is encouraging the industry to explore faster payments, and that is all well and good. But effectively directing it to do so is beyond its authority and would be a mistake.

A more efficient, customer-friendly process for small-dollar commercial loan requests is a matter of competitive necessity for most community banks.

The finance and technology industries should take some of the energy they've poured into mobile payments and put it toward making small-dollar loans more affordable.

To stay ahead of the curve, business leaders must take advantage of every resource at their disposal, and many are looking outside the walls of their organization for new ways to spark the flame of innovation for the next big idea.