PayThink

I would encourage the CFPB to focus their energies on advancing the road to credit concept instead of focusing on how to restrict credit.

Banks need risk managers with a "show me the money" mindset — that is, people who know how to use income statements and balance sheets to sniff out risky business activities.

As digital currencies become increasingly popular in Latin American countries, partnerships between banks and Bitcoin exchanges can help expedite cross-border transfers.

In my dreams, I can walk up to any cashier and make a payment by waving my hand over a terminal, much like Obi Wan Kenobi's "These aren't the droids you're looking for" trick in Star Wars. And that's all I would have to do.

A number of banks have cut ties with business lines that are seen as high-risk in an effort to dodge the threat of enforcement actions. The result is stunted job creation and innovation, not to mention customers who are denied much-needed services.

A number of Dodd-Frank and Basel III regulations will impact banks' investments in the CLO market, but the Volcker Rule poses unique challenges.

In the next year, we will see significant adoption and advances in financial technology, including e-invoicing improvements, more global payment options, and new forms of connectivity.

Quantitative easing hasn't led to severe price inflation as critics feared — but the large quantity of Treasury debt might.

Banks needs to deeply understand the needs of their customers before they start rolling out ambitious high-tech plans.

John A. Allison writes in his new book that he feared for years that predecessors of Wachovia or Bank of America would try and force BB&T to sell itself. In this excerpt, he explains how he kept the banking giants at bay. Part 5 of 5.