PayThink

In a little-noticed agreement with Wells Fargo, the Office of Foreign Assets Control raised the bar on acceptable checking practices and potentially exposed many other financial institutions to penalties.

Editor-at-Large Barbara A. Rehm has argued for months that Dodd-Frank implementation should be sped up so banks can know the rules they face. A slew of sources disagree – here’s why.

Giving the rest of our sales teams regular snapshots of factors that brought about star performances is far more useful than simply reporting who those star performers are.

Because third-party processors are on the hook for losses from fraudulent transactions, they have as much interest in eliminating bad actors as anyone.

Regulators and financial firms must listen to each other and work together to protect the interests of customers and stakeholders. Only then, will they be able to build a safe and sound financial system.

Homebuyers’ use of flawed automated valuation models creates an artificial drag on values during recoveries, amplifies appreciation during booms and results in a wide bid-ask spread that delays or torpedoes sales.

You've rebranded. Invested in technology. Maybe added branches or ATMs. And yet loan and member growth is either flat or tepid. Perhaps it's because you've forgotten to do something about the "friction."

While IRAs may not have always been a key driver for your credit union, research hows that ignoring them is not a good idea either. In fact, it may be detrimental to your business.

Linda Clampitt, senior vice president with CU Members Mortgage, explains why Gen Y are beginning to take advantage of opportunities in the housing market as they approach their 30s.

In the wake of the financial crisis and Bank Transfer Day, credit unions have a responsibility to clearly distinguish themselves from banks.