PayThink

The goal is to meet the financial education needs of everyone in the community — whether it’s the tech-savvy second-grader, the recent high school graduate getting her first checking account or a retiree learning how to stick to a fixed income.

The proposed Small Lender Mutual cooperative would be expensive for small firms to capitalize, and its securities may get inferior pricing compared to those issued by large banks and nonbanks.

As the U.S. and Europe impose sanctions against Russia, western banks are keeping closer tabs on their business dealings in the country. JPMorgan Chase's temporary hold on a Russian Embassy payment and the disruption of VISA services for SMP Bank could be just the tip of the iceberg.

Bankers are kidding themselves if they think bank-like supervision will ultimately catch up with nonbanks. Expect to compete on the current playing field, however uneven it may be.

This rise in data breaches and their resulting cost have companies asking “Am I doing enough to protect my data?” As breaches are expected to continue escalating, taking the proper steps to protect your data has never been more relevant or important.

You can't make everyone happy. This seems especially true for developing a Web payment standard to appease a vast number of stakeholders and interests.

Overdraft fees can wreak havoc on household finances, but innovations like B of A's SafeBalance account are a big step in the right direction, consumer advocates say.

With the Consumer Financial Protection Bureau's ability to repay/qualified mortgage rule's deadline passing in January, will we see the light at the end of the compliance tunnel or another oncoming regulation freight train?

The competitive implications of prohibiting credit unions from raising supplemental capital are now too serious to ignore and warrant broad discussion.

It appears there is more interest than we might have thought in who will be named as CUNA's new CEO.