PayThink

Ensuring that corporate boards include a diverse set of skills, backgrounds and personalities helps against groupthink's dislocation of corporate and shareholder interests.

Innovations can fail catastrophically, as was the case for the mortgage and securitization innovations that precipitated the crisis. Valuable innovation profitably and honestly delivers greater perceived value to customers, without incurring disproportionate cost and risk.

Todd Park is hardly a civil service Yes man. He's a presidential scholar with a Harvard degree and two successful start-ups under his belt.

Congressional approval for a two-year extension would, among other things, prevent more uncertainty, minimize deposit concentration and maximize financial stability.

Transaction-driven marketing not only provides financial institutions with a proven way to monetize their digital banking platforms (online, mobile, SMS, e-mail, ATM), but also enhances member relationships by providing secure, targeted, relevant offers that help members save money on everyday purchases.

Most credit union leaders know not to take anything for granted.

Credit unions large and small have contemplated the member and bottom-line benefits of seeking a merger.

John Worth, chief economist with the National Credit Union Association, explains what the potential for going over the fiscal cliff means to credit unions.

Readers beware. On the heels of the Consumer Financial Protection Bureau/Department of Education report, "Private Student Loans," sensational headlines continue.

With the help of technology and the FHFA, the CFPB can create Dynamic Disclosures for consumers. Better information will put borrowers on an equal footing with lenders, making non-Qualified Mortgage loans safer to originate.