PayThink

Bank buyers should be taking notes about the problems with HealthCare.gov. A bad online integration of an acquisition could send new customers to the door, or worse: to Twitter.

Rather than simply continuing to absorb the losses from account takeover attacks, institutions should be reevaluating the effectiveness of their authentication methods and increase security to better prevent fraud.

The House Financial Services Committee passed six bills on Thursday that would change several aspects of the Consumer Financial Protection Bureau.

Tim Howard, dismissed with former CEO Franklin Raines in late 2004, claims in a new book, "The Mortgage Wars," that the GSE was quite healthy — but was the victim of vicious attacks by a banking lobbyist group and regulators.

The Consumer Financial Protection Bureau released a final rule on Wednesday that merged mortgage disclosure forms in an effort to help consumers better understand the total costs of a loan.

"I would use this," Mom said, "if there was a place nearby that accepted it." Mobile adoption confronts the classic chicken-or-egg conundrum.

Cash America International, one of the payday lending industry's biggest companies, has agreed to pay up to $19 million for alleged violations that include impeding the Consumer Financial Protection Bureau's examination process.

We can talk all we want about policies, process and technology, but in the end, financial services remains a people-based business. Having the right people in key risk management roles will yield the strong institutions of tomorrow.

"Payday lender Cash America International will pay up to $19 million to settle allegations that it robo-signed court documents, overcharged members of the military, and took steps to impede an examination by the Consumer Financial Protection Bureau," writes American Banker's Kevin Wack.

The U.S. could be at a competitive disadvantage by being less proactive in the area of gender diversity on boards. We’ll need to engage CEOs everywhere to achieve meaningful progress.