PayThink

More people than ever are becoming aware of the impact of data breaches and the resulting fraud. But what about the rest of the fraud types: internal fraud, account takeover, elder abuse and even the old generic scam?

A recap of the informed opinions (and the discussions they generated) on BankThink this week.

Nonbank acquisitions require a certain level of expertise, John Allison writes in his new book. In this excerpt, he discusses how BB&T views the insurance business and why he stuck with subprime auto finance when others bailed. Part 4 of 5.

Fannie Mae has entered into deals with JPMorgan Chase and other companies that transfer some of the credit-loss risk on mortgage-backed securities to investors. Not only do these deals reduce the danger that taxpayers could be forced to cover the GSEs' losses, they may help make mortgages more affordable.

Big banks saw public confidence in their institutions plummet as they were forced to pay billions of dollars in fines, penalties and various legal settlements for practices that allegedly helped bring about the crisis.

Lack of access to capital, as well, as predatory lending and financial services holds our nation back — underserved communities can't move forward due to rampant inequities in the access to affordable, responsible finance.

Both CUNA and NAFCU scurried to urge lawmakers to pass several different credit union-backed initiatives in the waning days of the 113th Congress, also known as the "lame-duck session" because some of its current members won't be coming back when the 114th Congress convenes in January.

Kim Kardashian may be an overexposed reality star, but she's also a tech entrepreneur with a short-lived past in the payments industry. And several companies in the Bitcoin space are repeating her biggest mistake by offering a plastic payment card.

Banks and merchants are under threat to lose millions of dollars in investment in their apps by allowing them to become obsolete because they don’t provide the most desired functionality of all: Payment.

Transparency about the diversity of companies’ workforces can promote the hiring and advancement of women, while role models like Janet Yellen help pave the way for more female leaders.