ABI Blog Exchange

2020-08-19
As their employees continue to navigate the challenges of balancing work and home life during a pandemic, banks are pitching in to offer everything from child care reimbursement to nanny placement to tutoring services.

Read More from: BankThink

2020-08-19
Citigroup Chief Executive Michael Corbat said banks should start breaking off from clients who don't acknowledge the need to reduce their carbon emissions — even as he pledged support for the fossil-fuel industry.

Read More from: BankThink

2020-08-19
The CFPB is giving stakeholders until Dec. 1 to file comments on a potential overhaul to its rules related to the Equal Credit Opportunity Act, which prohibits discrimination in credit and lending decisions.

Read More from: BankThink

2020-08-19
Reports say dozens of suspects were arrested on charges of using prepaid cards to illegally withdraw large sums of cash.

Read More from: BankThink

2020-08-19
The largest bank in the U.S. is reportedly in negotiations to lease space from the U.S. Postal Service where it would have ATMs and perhaps take deposits.

Read More from: BankThink

2020-08-19
Citigroup scored court orders freezing almost half of the more than $900 million it says was accidentally sent to Revlon lenders this month.

Read More from: BankThink

2020-08-19
The Dallas regional is placing deposits in several minority depository institutions, providing each with low-cost funds that can be redeployed in underserved communities.

Read More from: BankThink

2020-08-19
New research finds that it's become harder than ever to acquire new customers — and equally challenging to engage newly acquired ones.

Read More from: BankThink

2020-08-19
An internally built system called Advanced Listening analyzes phone calls, emails, text messages and more, identifying possible compliance violations, systemic issues and opportunities to improve processes, products and customer service.

Read More from: BankThink

2020-08-19
The company has now filed three lawsuits in its bid to recoup nearly $900 million it inadvertently sent to the cosmetic company's creditors.

Read More from: BankThink

2020-08-19
The Office of the Comptroller of the Currency is overstepping its authority in granting charters to fintechs and other companies that don’t take deposits.

Read More from: BankThink

2020-08-19
Ah, yes.  Everything these days is political.

Read More from: Discharge Student Loan

2020-08-18
Observers say the rare denial is rooted in skepticism that a new bank can succeed under current economic conditions and a signal to other proposed banks to hit the pause button.

Read More from: BankThink

2020-08-18
The Japanese conglomerate first applied for deposit insurance in July 2019 and again in May 2020.

Read More from: BankThink

2020-08-18
The Consumer Financial Protection Bureau says the proposal would increase access to credit, but consumer groups argue that it will encourage lenders to make high-cost loans while protecting them from legal liability.

Read More from: BankThink

2020-08-18
Under the agreement, fintechs and their bank partners will have a safe legal harbor to offer loans, as long as their interest rates do not exceed 36% and they meet various other standards.

Read More from: BankThink

2020-08-18
Deciding to file for bankruptcy is a very personal decision. You may agonize over whether it is the right choice, and if you decide that it is, you may wring your hands over the right timing.

Read More from: My AZ Lawyers

2020-08-18
Bankruptcy Last Resort or Secret Weapon

Read More from: My AZ Lawyers

2020-08-18
American Express isn't acquiring any loans in its deal for the online small-business lender. Here's what it is getting.

Read More from: BankThink