PayThink

We need a system in which credit bureaus are required to sell consumer data at a uniform price to any company with permission to access it, instead of pricing out perceived competitive threats or withholding the information.

The constant criticism from Congress just makes the rulemaking process longer without adding much to the debate.

We need stronger cross-border regulatory enforcement to spot U.S firms going to London for looser rules. Guess what MF Global, Lehman, AIG and the London Whale have in common.

The Dimon Senate hearing was a missed opportunity to spotlight the criticality of risk management practices. When banks get into trouble, you can follow the trail back to a lack of governance, process and controls.

Many so-called consumer advocates doubt consumers can make responsible decisions about credit and believe they should be "protected" from certain financial products. We did not sense this sort of patronizing viewpoint from the new agency.

Financial institutions and technology companies are working hard to bring location-based advertising to life, but research in psychology suggests those same offers may be draining a limited resource: our willpower.

It's too easy to blame the agency. With a job as complex as the FAA's, but less than a tenth of the staff, the OCC for practical and philosophical reasons relies on banks to manage and monitor risk.

The Basel III capital requirements must be applied consistently across borders. It'll do a lot more to deter reckless risk-taking than micromanaging banks through measures like the Volcker Rule.

Partnerships between cooperatives and credit unions are highlighting how like-minded member-owned organizations can work together to create win-win scenarios that provide solutions, enhance business and create new opportunity.

How entertaining is your credit union's website?