PayThink

To the detriment of consumers, innovations in banking tend to be conservative, late, and incremental, despite top talent and plenty of ideas. Is regulation backfiring?

More needs to be done to reduce the compliance burden so these banks can fully serve their communities.

Federal Deposit Insurance Corp.'s Vice Chairman Thomas Hoenig said in a speech Wednesday that because bankers effectively corresponded with consumers leading up to the end of the Transaction Account Guarantee program, there was little impact.

American Banker's Editor at Large Barbara Rehm has an answer to the financial industry's hot button issue of "too big to fail."

All mortgage lenders should prepare themselves for a minimum decline in refinance activity of 75% and make sure their capital plan, liquidity plan and budget all reflect this.

Money was never meant to be a method of supranational identity tracking. Its use in that way could signal law enforcement desperation. When all other tactics fail, surveil the finances.

Richard Cordray, director of the Consumer Financial Protection Bureau, addressed the issue of consumers' lack of choice in a speech last month.

Holding companies facing looming debt maturities are exposed to the risk of a forced sale or possible forfeiture of the stock of their bank subsidiaries.

Tough regulations, strict oversight and sophisticated analytics can all help, but they pale in comparison to a culture that actively embraces risk management rather than paying lip service to it.

Results suggests safety when there is none and diverts attention from the real need for structural reform.