PayThink

Foreign banks operating within the U.S. will be penalized despite a change made by regulators to provide more time to comply with pending swap restrictions.

Giving regulators more levers to pull and buttons to push with respect to the financial system only creates a false sense of security. The new regulatory powers come with few meaningful accountability checks.

The common enemy of electronic payments is cash, and so any technology that makes it more convenient and more rewarding to use a credit or debit account is good for business.

The latest insurance company to leave banking behind is Shelter Insurance of Columbia, Mo., and the insurer blames the Dodd-Frank reform law.

With the new year, the Financial Stability Oversight Council has greater opportunity to take leadership roles in other areas.

Issuers exempt from the interchange fee cap should continue to promote activation and use of their debit cards by way of issuer-sponsored and merchant-funded rewards.

The Massachusetts Democrat, known for helping craft the Dodd-Frank reform law, may be putting his retirement on hold.

Some feel the looser standards will have a positive effect on the economy, while others argue the easing simply represents the latest example of regulators giving banks their way.

This bad loan was a unique case of vanity and all-pervasive incompetence on the part of both the banker and a movie producer turned real estate developer.

Every year that passes, politicians, bankers and even some financial regulators forget how illiquidity helped the 2008 financial crisis spread like wildfire.