PayThink

Chicago is soon to become the first city to report financial activity and fraud to the Consumer Financial Protection Bureau.

Banks can get consumers to adopt online banking services by keeping websites simple, communicating a positive message and providing an interactive experience that meets immediate needs.

Rep. Maxine Waters was formally elected as ranking member for the House Financial Services Committee by the House Democratic Caucus.

If we can rate the reliability, safety and efficiency of automobiles, we can do the same for bank risk management.

When industries and business environments evolve, the best and brightest people and organizations in that industry will as well.

The Credit Union National Association is urging Senate leaders not to pass an extension of the Transaction Account Guarantee program.

Anywhere in the world, if you had $55 billion in capital, and then lost $55 billion, your capital would be zero. But under the Fed’s own special accounting rule, if it lost $55 billion, its capital would still be $55 billion.

Senator-elect Elizabeth Warren successfully beat out GOP incumbent Sen. Scott Brown securing herself a spot on the Senate Banking Committee.

Banks often choose not to bring questions about products, terms and marketing to regulators, citing fear of retribution from front-line examiners. Creation of the CFPB separates consumer policymaking from examination activities, offering hope for open, clear communication.

Here we find a bank president, who makes a loan commitment over a martini - if I may be facetious - without even looking if there is an olive in the glass.