PayThink

The Internet is the mother of "disruptive technologies," so woven into our everyday existence that it only seems to make sense that a company that specializes in talking to people via the telephone should have been disrupted right into shutting its doors.

In the first quarter of 2014 the outlook for auto lending is bright, especially coming off a strong 2013 when 15.5 million new light vehicles were sold in the U.S.

Credit Card penalties—like over-limit and late fees—are constitutional and do not violate consumers' due process rights, the Ninth Circuit U.S. Court of Appeals recently ruled.

Those who wanted to greatly expand the power of government over the financial sector, especially to expand the discretionary power of unelected agencies, took full advantage of the opportunity.

These market-based assessments would be more palatable to the "too big to fail banks" than any bank tax and would allow them to do what they do best -- make loans, writes bank consultant Ken Thomas.

Regulators should demand more derivatives disclosures in forthcoming living wills. Having banks disclose the risk factors in their risk measurement models would help regulators understand if banks are well capitalized for unexpected losses.

Financial firms should consider this type of rebrand if they are facing reputational issues, find their existing name is too limiting or want to convey a new image following a merger or acquisition.

Innovation requires the ability to tinker, test, break and repeat. Strategy and its close derivatives increase and delay the cost of failure. Business cases, focus groups, market analysis and roadshows, among other things, divert resources and defer action.

Preparing for a Payment Card Industry (PCI) compliance assessment is a major task for any size organization.

Pervasive distrust is a thorn in the side of financial technology innovators and bankers alike, and has prevented mobile wallets from helping consumers manage their finances in real time – a tool they desperately need!