PayThink

If history bears any indication of where this fight will wind up, New York’s top bank regulator, Benjamin Lawsky, could be headed for a long, slow, expensive defeat.

Credit Union Journal's Frank Diemann presents different views on examiners starting out in credit unions.

Ron Schmidt, CPA, of CBS Certified Public Accountants, explains why credit union leaders need to renew their focus on ethics.

Credit unions are working to understand their members to better meet needs and provide a meaningful banking experience. This personalized experience is what has set credit unions apart for many years. However, today that credit union trademark is in jeopardy.

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

The Consumer Financial Protection Bureau charged one of the nation's largest payment processors, Meracord LLC, with a $1.4 million fine.

The Debit Interchange Fee Study Act called for a six-month regulatory study on the cost of the rules and their impact on consumers. There are good reasons to revisit that approach now.

We should instead preserve the right of consumers to choose the products and features that best provide for their family’s daily financial needs, not force them into limited and costly alternatives.

Under the 2010 Dodd-Frank Act, the Federal Reserve requires midsize banks, those with consolidated assets between $10 billion and $50 billion, to conduct annual company-run stress tests.

According to a report released Wednesday by the Consumer Financial Protection Bureau, banks and other credit card issuers are charging less in penalties and are doing better at disclosing previously hidden fees.