PayThink

While the rest of my neighbors are carving pumpkins and wishing me a Happy Halloween, you should see the looks on their faces when I respond, "Thanks, and a Happy International Credit Union Month to you!"

I have coined the phrase "managed risk" merchant to correctly define and segregate the stigmatism that traditional Card Not Present (CNP) merchants obtain when labeled as "high risk" merchants.

Bankers should temper their criticism of new regulations with some support for reform, lest the American public think the industry has failed to heed the lessons of the financial crisis.

The same broad powers that allowed the federal government to place Fannie Mae and Freddie Mac into conservatorship also allow it to reconstitute both companies.

Payments providers have a unique challenge when it comes to satisfying their target audiences.

The Offices of Minority and Women Inclusion should require financial institutions to perform regular, standardized and data-driven assessments of workforce and supplier diversity.

The FSOC must provide well-reasoned justifications as to why it chooses to designate a firm as systemically important — and provide a clear outline of the steps that companies can take to rid themselves of the SIFI label.

Does the following thought process sound familiar? “The faster I can install this new point of sale (POS) system for this merchant, the better.” With POS systems, faster isn’t always better.

While the Volcker Rule has been in the works since 2009, the final rule is new to professionals at both banks and regulatory agencies. Everyone involved faces a steep learning curve.

Congress should amend the bankruptcy code to permit borrowers to discharge student loan debt if their net monthly income is insufficient.