PayThink

JPMorgan Chase Chief Executive Jamie Dimon has no shortage of detractors. But the public response to his cancer diagnosis has been surprisingly—and reassuringly—civil.

Knowing the difference between a bad act and a bad actor can make the difference between incurring managed risk or, more dangerously, unmanaged risk.

Talk to any credit union exec for longer than the time it takes for a drive-by high-five and you'll hear about how "satisfied" the members are, or about the CU's Net Promoter Score, or their Yelp rating.

Stress tests have a spotty record as a tool for identifying weaknesses and problem institutions.

If banks can develop processes that show their credit decisions are consistent, transparent, and easily auditable they will be in a better position insulate themselves from disparate impact judgments, writes Zoot Enterprises’ Eric Lindeen.

There's an eye-opening number of millennials in the United States, as many as 86 million, according to Barron's, making the segment vital to payments strategy.

A payment and currency exchange system called the Ripple protocol makes dollars, yen, euros, Bitcoins, gold and even frequent flyer miles virtually interchangeable.

In order to ensure that small businesses owned by people of color can grow and prosper, new SBA head Maria Contreras-Sweet should prioritize helping those businesses access capital and get a fair shot at corporate contracts.

There's lots of new innovation going on in payments. Some of the ideas make sense and some are crazy. Regardless of each idea’s success or failure, they all point to an industry in need of innovation.

The Financial Stability Oversight Council has manifestly failed to demonstrate that it has any idea how to determine if a financial firm is systemically important, writes AEI fellow Peter Wallison.