PayThink

The 2008 financial crisis forced the Fed and Treasury into a too-cozy relationship and the Dodd-Frank law cemented it. Janet Yellen should use her confirmation hearing this week to reassert the central bank’s independence from the administration, argues editor-at-large Barbara Rehm

SaaS-based technology provides a blended approach to remittance processing that enables financial institutions to outsource infrastructure responsibilities, while retaining the management of transaction processing, bank deposits and receivable updates.

Fidelity Investments, BlackRock Inc. and PIMCO were among more than two dozen firms, industry stakeholders and lawyers that filed letters in an effort to discount the credibility of a report released by the Office of Financial Research labeling asset management firms as systemically important.

The proposed treatment of mortgage securities and associated mortgage financing activities will constrain the sector while handicapping efforts to bring private capital back to the secondary market.

Bankers do not select the people who regulate them. To work, our system requires smart and prudent regulators as much as it requires smart and prudent bankers. Confirmation hearings should help us find out if Janet Yellen will be such a regulator.

It was just a decade ago that about one-in-10 interactions in branches at banks and credit unions revolved around resolving a customer/member's problem. A missing payment. Lost credit card. PIN is a pain.

Auto leasing is all the rage in these rapidly changing economic times.

New York Fed President William Dudley is suggesting that regulators could force banks to withhold a big chunk of executives' annual pay and then use that money to fill holes in capital when trouble hits.

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

Traditional risk management works well when only profits are at stake. To protect against the dangers that can sink an institution, a new approach is needed.