PayThink

A BankThink post on the snail’s pace of payments sparks a discussion of how red tape stops financial institutions from leveraging social media. Have banks hit a social media stalemate?

"If I could push a button and eliminate Dodd-Frank would I do it? No, I would not," says Goldman Sach’s Lloyd Blankfein.

Sandy Weill's call to break up big banks invoked the Main Street bankers who have blasted Wall Street fat cats like him for years. What next for him — a director post at a small bank in Peoria?

Financial markets remain highly complex webs subject to major systemic shocks we are ill-equipped to identify before our financial system melts down.

A regulatory settlement or a Senate hearing can remove a particular cloud enveloping an institution, but create deeper doubts than the ones it removes.

Last week's enforcement order against Capital One "signaled the CFPB is shooting for higher settlement amounts, is more interested in providing a detailed account of what went wrong, and wants to specify exactly what institutions should do in similar situations," writes American Banker's Kevin Wack.

We know banks large and small are concerned about the compliance costs and other implications of Dodd-Frank. How about credit unions?

You should be able to move your money as fast as you can make it. But the banking system today works about as speedily as the Post Office.

Use eminent domain to refinance unaffordable mortgages, cut through the mire of servicers, home equity investors and trustees. Protect homeownership and communities while respecting everyone's property rights.

Consumer advocates, regulators and others are encouraged when companies take a "we want to design the best product" approach rather than a "we want to meet a minimum threshold" approach.