PayThink

Expanded reporting requirements under the Home Mortgage Disclosure Act will give regulators access to a panoply of sensitive data. Banks should take steps to address any fair lending issues before the new rules take effect, according to Warren W. Traiger.

To understand the future of credit-based transactions, credit unions need only look to the staples of American culture: coffee and donuts.

Regulators need to provide clear standards as to what constitutes an acceptable living will, according to the American Enterprise Institute's Abby McCloskey and Paul H. Kupiec.

The Heartbleed bug alerted banks to their own vulnerabilities and made them realize that they have heightened responsibilities toward customers when it comes to communicating security concerns, according to Joram Borenstein of NICE Actimize.

Mobile point of sale providers claim to serve the merchants that are too small for card acceptance: the gardeners, the babysitters, the flea market sellers. But this image is quickly fading as vendors pursue larger merchants, causing the upstart mPOS players to increasingly resemble the incumbents.

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

The Export-Import Bank benefits just a handful of American companies and is weighed down by corruption, writes Ryan Young of the Competitive Enterprise Institute.

It took over a century for credit unions to reach the 100 million-member mark.

Are you passionate about credit unions? Do you feel strongly about where the community is moving? Credit Union Journal wants to hear from you — and now it's easier than ever to be heard.

As access to credit tightened in recent years, many small businesses were forced to use personal credit for business. This trend has created demand for a small business credit card offering, providing credit unions with an important growth opportunity.