PayThink

The Financial Stability Oversight Council, designed under the Dodd-Frank Act to identify risks to the stability of the financial system, unanimously voted Tuesday naming American International Group and GE Capital as systemically important institutions.

Overregulation and elimination of short-term credit alternatives will merely hurt consumers, particularly when criticism of existing products comes with no new solutions.

Lenders will need to evaluate and subsequently document their compliance with ability-to-repay and fair-lending rules in order to avoid getting caught in regulators’ crosshairs.

By smoothening the credit cycle, macroprudential regulation can temper the major problems with the growth model of the past 30-odd years: the tendency toward excessive credit growth, booms and busts.

In the age of big data and social connectivity, it is essential, and now urgent, for card marketers to find a way to become more consumer-centric in their marketing efforts.

The House passed two financial services bills on Monday, the Audit Integrity and Job Protection Act and the Financial Competitive Act of 2013.

A recent flurry of directives indicates the Basel Committee is committed to establishing uniform, international capital standards that improve the safety and soundness of large, interconnected banks.

We need to encourage private lenders to return to the market. Until that occurs, the FHA will need to fill the gap.

After a weeklong holiday recess, the House and Senate banking panels kick-off the week with several hearings on the Dodd-Frank Act and the Consumer Financial Protection Bureau.

The mainstream press remains an important component of the broad conversations taking place around your brand.