PayThink

A New York Times editorial called the payday lending industry a "predator," yet many banks, thrifts and credit unions will tell you payday lenders serve many of their customers and members. Why?

Dan Egan is part of a history that goes back to the very beginnings of credit unions in the United States.

A Baby Boomer who has banked with the same small financial institution for more than 37 years hardly fits the mobile profile. But look below the surface and this mom is actually a prime candidate.

Big-bank executives should finalize living wills, hold each other publicly accountable and re-teach ethics training within their rank-and-file if they hope to escape an escalated regulatory crackdown.

The Federal Deposit Insurance Corp.'s inspector general said in a report Friday that there must be stronger coordination between agency divisions to carry out Dodd-Frank responsibilities dealing with the resolution of failed behemoths.

Modern giants are likely to behave at least as badly as their World War II counterparts.

Lenders’ choices today are stark: Make Qualified Mortgage loans and risk being sued under the disparate-impact doctrine; make non-QM loans and risk being sued under the ability-to-pay-doctrine; or sell their loans to Fannie Mae and Freddie Mac.

Former Chairman of the House Financial Services Committee Barney Frank called Friday for both stringent standards and lenient enforcement around the 2010 Dodd-Frank law's Volcker Rule.

The world of lending and loan servicing is undergoing huge transformation, with operational changes that will take time to play out.

The PCI Security Standards Council's hacker-inspired data mapping plans are crucial to protecting super-interconnected enterprise systems.