PayThink

Merchants, the Fed and industry lobbyists testified in court on the implementation of the Durbin Amendment, which sets a ceiling on interchange fees that larger banks can charge merchants. Merchants argue the Fed included costs in the cap that were not allowed under Dodd-Frank.

The universal consumer demand for bill payment makes the service particularly well-suited to bringing people into the financial mainstream.

To say one is a banker because he or she works at a bank is like saying you are a car because you live in a garage. The term banker must mean something.

In the first presidential debate Mitt Romney criticized the "systemically important" designations, mandated by the act, as "the biggest kiss that's been given to New York banks." And he's getting impatient with that "qualified mortgage" definition.

Banks can't win back business through optimistic future-focused messaging that ignores the real pain in our country. What customers really want is for their bank to apologize for its missteps.

Agencies need to make sure that the regulations being implemented are necessary to address the problems the Dodd-Frank Act intended to address. Analyzing the rules' potential economic impact is critical, writes BankThink columnist Clifford Rossi.

Agencies need to make sure that the regulations being implemented are necessary to address the problems the Dodd-Frank Act intended to address. Analyzing the rules' potential economic impact is critical.

Basel III is nearly incomprehensible to most readers, including bank directors, managers, and analysts. Of what use is a measure no one can understand? Tangible equity capital is understood by all.

"Angst over fair-lending enforcement was palpable," at a mortgage conference where lenders asked advice about the upcoming Consumer Financial Protection Bureau exams, observed our Kate Berry. Industry experts provided answers. Step One: check your HMDA data...

The payment hierarchy is dynamic. Lenders using historical payment models to set strategy risk significant exposure on their existing loan portfolios as well as on acquisition opportunities when consumer preferences inevitably shift.