PayThink

Decisions about how to apply U.S. swaps trading rules abroad should be based less on fears of risk to the financial system and more on considerations of market integrity, according to attorney Timothy Karpoff.

Security breaches at trusted global corporations, such as Target and eBay are becoming a regular occurrence. Valuable customer data serves as a new currency of sorts for fraudsters, prompting the digital underground to stage well thought out attacks on a scale previously unheard of.

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

Six years ago, two players for the Central Washington University women's softball team carried an injured player of their opponent around the bases so that Western Oregon University's Sara Tucholsky could count her first collegiate home run.

As my term as NAFCU's board chairman comes to a close, I would like to share some of my reflections about the past two years' activities.

Over the years there have been NCUA board members whose terms were so unremarkable that their six years passed without even the agency's HR department knowing they were there. And then there's the term of Michael Fryzel.

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.

Internal documents reveal that the crackdown is targeting banks, not merchants and processors, because it requires less investigation into the facts. That should anger all Americans who care about due process and the rule of law, writes ex-FDIC Chairman Bill Isaac.

Trust-preferred creditors have forced two indebted bank holding companies into involuntary bankruptcy this summer. Secured lenders may soon follow their lead and start foreclosing on bank stock collateral.

A recent article by Thad Woodard proposed slashing the number of Federal Home Loan Banks in order to free up funds for community lending. But the Home Loan Banks' member institutions are already empowered to push for consolidation any time they choose, writes the FHLBanks' Steven F. Rosenbaum.