PayThink

A new report from the Basel Committee says that using public funds to resolve weak banks may be considered in systemic situations. If even capital rule-writers are willing to consider more bailouts, the only way to end "too big to fail" may be to break up the megabanks.

For the financial and retail industries, mobile is becoming a significant part of the strategy for delivering valuable content and services to customers. Two technologies in particular are available on many of today’s smartphones and are being looked at to enhance consumer experience: Near Field Communications (NFC) and Bluetooth low energy (BLE).

Unless we return the Farm Credit System to its original mission, taxpayers could be on the hook for a bailout in the near future and farmers’ access to credit could be reduced, writes Rep. Marlin Stutzman.

The CFPB should prohibit financial institutions from reordering transactions to maximize overdraft fees, require that fees be proportional to a bank’s costs to provide the loan and ban providers of prepaid cards from offering overdraft loans altogether, according to Susan Weinstock of The Pew Charitable Trusts.

Many small banks lack the resources to make necessary investments in cybersecurity. One solution could be to institute regional centers that would allow banks to pool resources, train staff and investigate potential breaches.

A disparate-impact ruling against a small Texas bank was supposed to lower the cost of small-dollar loans for Hispanic borrowers, but it has instead had the opposite effect, writes Attorney Peter Weinstock.

Whether you call them digital or virtual currencies, you’re aware of Bitcoin, Litecoin and the thousands of other decentralized currencies created by algorithms.

Regulatory requirements that bar homeowners with imperfect credit scores from receiving a mortgage are hurting minorities and the economy as a whole.

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

Disney has found success with wearable technology thanks in no small part to its efforts to educate and motivate customers about its MagicBand wristbands.