PayThink

Starting Oct. 1, issuers with effective fraud reduction strategies will be eligible to make more money off debit card transactions. To reap the benefits of the Fed's new rule, banks will need to work together.

Increasingly burdensome requirements, such as small business panels and cost-benefit analysis, inhibit writing of new regulations. But substituting enforcement actions that unevenly apply vague or unwritten rules betrays the regulatory mandate.

You don't need to look far in credit unions for an example, beginning with the words "credit union."

Is it time to decouple the "M" in CAMEL ratings from the other components of CAMEL?

Today overdrafts (OD) are big business and tens of millions of users view ODs as both another checking operating cost and a safety net to help manage their financial affairs.

Mike Parsons, president and CEO of First Source Federal Credit Union and NAFCU Chair, discusses why credit unions should get involved.

The inclusion of secondary capital as part of credit unions' net worth would give them yet another unfair regulatory advantage over banks.

Cashmere Valley Bank in Washington State is a case study of a small bank grappling with the regulatory uncertainties of Dodd-Frank implementation. And it is one of many banks that have looked outside its own IT department for help.

Under pressure from a regulator solely focused on protecting the consumers' financial interest, many banks have started abandoning suspect practices. Let’s keep it that way.

The Financial Stability Board has set a March deadline for financial companies to have "legal entity identifiers," in place for use in transactions. These codes, something like a social security number for banks, are to be used by the Office of Financial Research, created by Dodd-Frank, to spot systemic risk.