PayThink

When I first started writing about credit unions, lo' these many years ago, there were a number of things that shocked me, not the least of which was a fire-and-brimstonesque speech by then NCUA Chairman Norman D'Amours about the evils of competition (sometimes called "coopetition") among credit unions.

Online shopping and payments has become a popular holiday option, making it vital that online merchants to ensure their sites can handle the spike in web traffic and transaction volume for "Black Friday" and the rest of the holiday shopping season.

Regulators are urging senior bank management to spearhead the effort to improve cyber risk management. Executives would be well advised to act before fines and other enforcement actions are handed down.

Millennials frequent independent coffee shops and farmers markets, so it stands to reason they'll see the appeal in community banks. Meanwhile, smaller lenders can court young people by appealing to their entrepreneurial spirit.

Unless you’ve been completely sequestered away from technology news as well as mainstream news, you probably have heard of the new Apple iPhone 6 and 6 Plus as well as Apple’s new point of sale ecosystem called Apple Pay.

Before the CFPB imposes new rules on overdraft fees, it should consider whether restricting consumer access to this feature could drive people to more expensive alternatives like payday loans.

Banks and regulators aren't the best judges of what constitutes a clear and transparent disclosure form. The CFPB could fix the problem by holding a contest that asks professional designers to create models that convey important information in a way that consumers can understand.

There's a commercial on TV right now that makes fun of all the different "bests" out there — "best grandmother," "best boss," etc. And then there's the increasingly ubiquitous phrase: "best practices."

Electronic commerce has made our world closer than ever.

New York Fed President William Dudley insisted Friday that regulators are more like "fire wardens" than "cops on the beat." It's an analogy that says far more than Dudley likely intended — and a comment he will likely regret. Here's why.