PayThink

The Consumer Financial Protection Bureau has created a database where borrowers can file complaints on payday loans.

Alex J. Pollock, resident fellow at the American Enterprise Institute in Washington, believes it is not too late to fix Dodd-Frank's credit ratings rule.

Big, flashy rewards are often too broad, too niche, or too complicated for consumers. Banks should follow Capital One's lead and switch to more straightforward (and sustainable) rewards programs.

If a technology problem has roiled your organization recently, there's an 80% chance someone in IT changed something they didn't fully understand.

"The Consumer Financial Protection Bureau is considering new rules to govern debt collection practices that could for the first time include banks and other creditors that are collecting their own debt," writes American Banker's Rachel Witkowski.

Banks must generate higher earnings to cover the cost of capital they raise. Higher earnings require taking more risk, creating the need for more capital. There is a better way.

The Consumer Financial Protection Bureau continues to investigate several auto lenders for potential fair-lending violations.

By deleting three words from the Dodd-Frank Act, regulatory agencies could "refer to" credit ratings, which certainly makes sense, while never "requiring reliance" on them, which doesn’t.

If ISOs want to stand out in the acquiring industry, they have to bring something valuable to the table — something that will deliver a lasting edge in terms of competitiveness or efficiency.

Increasingly, our markets will be defined less by where we place branches and more by where we send our best bankers to engage with existing and potential customers.