PayThink

When it comes to financing the average middle-class American, our government-backed mortgage entities will accept nothing but the most pristine standards. Except when it comes to the millions of home loans for which the feds want lenders to toss standards out the window.

The problem isn’t evil prepaid companies and employers, but, rather, a lack of awareness and education about the products and options that are available.

The Federal Reserve Board announced Tuesday that banks with assets of less than $50 billion will have one year before they must adhere to Basel III standards for their stress tests and capital plans.

The late Ronald Coase’s work can help us understand why megabanks came into being – and why their days may be numbered.

For each step toward Wall Street reform, the government has taken at least a half-step back. And there are signs another Gilded Age may be upon us.

Many if not all of the women on our ranking would tell you that their success at work has not taken place in a vacuum. It is one piece of their lives – lives that in some cases are filled with children, with aging parents needing assistance or any number of commitments that go along with being a well-rounded citizen.

Irene Dorner, chief executive of HSBC USA, agrees with the frustrations of many bankers that regulators are taking too long to write the rules designed to prevent the next financial crisis.

PayPal’s reported plans to acquire Braintree would give it more than just a payment processor that moves $10 billion a year. If this marriage takes place, it would signal a shift in how payments companies think about technology.

According to Consumer Financial Protection Bureau Director Richard Cordray, banks can expect changes to federal reporting requirements for mortgage data.

The GAO should focus on the gross benefit of being "too big to fail", not the benefit net of fines, penalties and regulatory burdens.