An Interview with Inside Sources
This interview discusses how credit card security could be improved to protect consumers from fraud with Chip and PIN technology. The article points to inaction by the banks as a problem in getting...
View ArticleACI in CNBC: The Elephant in the Room this Holiday Season
This piece, published at CNBC, discusses credit card fraud and its risks to consumers. Surprisingly, one solution to fix this fraud, Chip and PIN technology, has been around for 15 years and used in...
View ArticleExpecting a Crush of Lenders for Low Down Payment Mortgages?
The most prominent obligation for federal bank regulators – the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve, and the Controller of the Currency – is to avoid another taxpayer...
View ArticleCredit Cards Need Chip and PIN Protection
This piece, by Steve Pociask of ACI, discusses how Chip and PIN technology, which have been widely used across the globe, are needed in the U.S. to protect consumers and merchants. To read the piece,...
View ArticleBanks “Too Big To Fail?”
In recent years, we have heard complaints of how difficult it is for many of us to get a mortgage loan. The flagship example was Fed Chairman Ben Bernanke’s difficulty obtaining a mortgage – a credit...
View ArticleNegative Interest Rates and the Mattress
Interest rates have a strong influence on consumers investing, homes and cars affordability, college loan payments, and the income retirees receive from their retirement plans. Currently, interest...
View ArticleBlock Chains in The Financial Sector Should Benefit Consumers
While consumers are unlikely to have direct contact with a “block chain,” the advantage that these public ledgers deliver to businesses will be felt in higher security and lower costs for consumers....
View ArticleReal Clear Markets: When Regulators Pick Winners, Consumers Are The Losers
A welcomed theme in the recent election cycle was promise of a thoroughgoing review of unneeded regulations. Regulations that never were subjected to consumer cost-benefit analysis, or that pick...
View ArticleMorning Consult: When It Comes to Banking, Size Does Matter
In a reaction to the last major financial crisis, Dodd-Frank (the Wall Street Reform and Consumer Protection Act) was passed, and with it came hundreds of new regulations designed to provide additional...
View ArticleInside Sources — Credit Unions: A Formula That Congress Got Right
The head of the Florida Bankers Association recently opined that credit unions aren’t paying enough in taxes. The comment was rich, considering that banks control 93% of financial depository...
View Article
