PayThink

After receiving thousands of complaints from consumers, the Consumer Financial Protection Bureau is encouraging private student lenders and the government to help lower payments for borrowers.

Banks, conflicted by moral hazard, will always fight for maximum FDIC coverage at the least possible cost, since the FDIC is ultimately backed by Other People’s Money.

New POS schemes bring uncertainties. Merchants need partners who can help them scale their solutions while growing sales and increasing customers.

The president of the Kansas City Fed responds to the ABA's James Chessen.

Operations Risk has become a buzzword among bankers and regulators lately. Unfortunately, repackaging mainstream management duties as a discrete discipline could do more harm than good.

The Fed should ditch tailored versions of bank-centric rules for ones that build on current nonbank regulation and are informed by comments received in the pending rulemakings.

According to a paper released by the American Enterprise Institute, the Dodd-Frank Act, which was originally designed to focus solely on the largest financial institutions, will hurt small banks as well.

The Consumer Financial Protection Bureau filed a complaint Tuesday in New York's federal district court alleging that Mission Settlement Agency of New York and Premier Consultant Group LLC in New Jersey charged more than a thousand consumers millions of dollars in unnecessary, upfront fees.

The House Financial Services Committee passed nine bills on Tuesday with provisions that would make key changes to Title VII of the Dodd-Frank Act.

Lending is a holistic business – it requires broad thinking about the impact of credit decisions. A culture of discipline is critical. Banks’ cultures today are overdue for an overhaul.