PayThink

With more young adults making large student loan payments instead of saving up for a down payment, combined with car payments and possibly credit card debt, the 43% DTI becomes a very difficult barrier for lenders working within the QM standards.

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

NFC mobile wallets had been disregarded by some in the industry as a viable mobile payment option, but they got a boost with the arrival of a technology that will enable the card data to be stored remotely instead of within a phone. This slight change makes NFC mobile wallets increasingly more attractive as it eliminates one of its biggest stumbling blocks to adoption.

If government bureaucrats, acting without statutory authority, can coerce banks into denying services to firms engaged in lawful behavior that the government does not like, where does it stop?

A credit union is like a bank, except where a bank is owned by its shareholders, a credit union is owned by its members, in other words it's owned by you.

Numerous credit unions have committed to a culture of growth that supports top-line growth and stellar performance.

Insider or outsider? It's the wrong question.

T-Mobile's flexible pricing strategy is forcing its major telecommunications competitors to change. Bankers should take note, given the carrier’s recent foray into financial services.

Emerging innovation and its associated risk management is increasingly moving away from the large Wall Street banks, which are reducing their risk-taking and associated costs significantly.

This behind-the-scenes attempt to shut down legal tribal businesses represents a total departure from more than a century of respect for, and engagement with, tribal governments as partners and co-regulators on issues ranging from law enforcement to economic development to education.