PayThink

Proposals for a supplemental leverage ratio would treat cash, and the safest cash-like assets, like any risky asset. This may discourage banks from keeping their current high levels of liquidity.

Ten large U.S. and European banks are using software from Digital Reasoning to uncover employees' corrupt activities.

As the world accelerates toward faster and contactless payments, the U.S. has been reinforcing checks, avoiding global payments standards and pursuing closed-loop innovations that further isolate it.

With the CFTC on hiatus during the government shutdown, the industry should take the opportunity to consider the potential damage for a market that has become integral to banking.

The Consumer Financial Protection Bureau has decided to pull its enforcement attorneys from exams with financial companies after banks declared their opposition of their presence.

Janet Yellen shouldn't have needed anyone's help to be nominated to lead the Fed. Her tortuous path underscores the importance of rallying around qualified women candidates for industry leadership positions.

The distinguished economist will have to make monetary policy a priority during her tenure as Fed chair. But Yellen won’t forget about her financial regulatory role and is likely to support stricter capital requirements along with enhanced nonbank supervision.

The Department of Housing and Urban Development's recent proposal regarding the definition of "qualified mortgages" differs from the Consumer Financial Protection Bureau's QM rule. These key differences are causing lenders to be overwhelmed with how to implement the agency's plan.

Hopefully, examiners will respect good-faith efforts by banks and third-party processors to verify that a merchant’s business is legal – rather than expect financial institutions to guarantee how courts will decide.

According to an essay by Raymond Natter, the Consumer Financial Protection Bureau and the Dodd-Frank Act may cut off payments to conflict-torn areas.