PayThink

Banks have convinced policymakers, regulators and sometimes the courts that new regulations might be too expensive. However, the point of public intervention is to induce banks to take account of costs they impose on others.

Our hope and plan was that the settlement would show principal reduction works and that it would spur the use of writedowns in other loan modifications. That is now occurring.

Augmented reality has the potential to enhance customer service and promote sales during customers’ in-store transactions.

Banks have made hugely successful bets on emerging technologies that changed their industry and they barely have time to perfect one innovation before the pressure to find new ways of staying relevant starts up all over again.

The Home Affordable Refinancing Program should not be judged by the total number of completed refis. The true measure of success of any mortgage relief program should be the percentage of high-risk borrowers who ultimately benefit.

Sen. Richard Shelby, R-Ala., a senior member on the Senate Banking Committee, introduced two bills on Tuesday aimed at fixing technical errors in the 2010 Dodd-Frank Act and requiring regulators to complete economic analysis when crafting any new rules.

Breaking up the nation's megabanks will not herald a new Golden Age where market discipline reigns supreme.

Finding ways to spotlight and promote our small business customers within our branches strengthens a customer’s bond with his bank like few things can.

Rep. Maxine Waters, the senior Democrat on the House Financial Services Committee, said she and her colleagues are asking for a quicker pace of work to implement diversity provisions of the Dodd-Frank Act.

Some banks may be getting reckless with the pricing and terms they're offering commercial borrowers. The trend should temper enthusiasm for otherwise welcome signs of growth.