2020-06-24
Business continuity plans should be used constantly, not just when the crisis is at its peak, says the New York Fed’s head of financial services.
Read More from: BankThink
2020-06-23
Whether they take the form of a mobile wallet or a touch-free credit card, contactless payments are poised to take off as consumers — wary of using terminals and ATMs or handing cards back and forth — change their habits.
Read More from: BankThink
2020-06-23
Banks are beginning to emphasize soft skills to help employees make “human” connections with customers in an environment of reduced face-to-face contact.
Read More from: BankThink
2020-06-23
The Paycheck Protection Program put a premium on speed in processing and funding loans.
Read More from: BankThink
2020-06-23
The pandemic and the Black Lives Matter protests have changed the way banks interact with their customers, communities and employees. Here's how.
Read More from: BankThink
2020-06-23
A global health crisis. Economic free fall. A reckoning over racism and inequality. We will not be the same after this — and neither will banking.
Read More from: BankThink
2020-06-23
The pandemic will accelerate the drive toward a supervision process in which both regulators and banks will need the digital tools that enable sophisticated remote exams. Expect a heightened focus, too, on customers' financial health.
Read More from: BankThink
2020-06-23
The coronavirus crisis led to "the greatest acceleration of digital banking in history." Here's what to expect next.
Read More from: BankThink
2020-06-23
A new CFPB rule will expedite the forbearance and loss-mitigation process for consumers suffering financial hardship from the pandemic.
Read More from: BankThink
2020-06-23
A new CFPB rule will expedite the forbearance and loss-mitigation process for consumers suffering financial hardship from the pandemic.
Read More from: BankThink
2020-06-23
Challengers like Joust, Lili and NorthOne that offer banking services to freelancers and small-business owners are getting record levels of new customers as the traditional workforce thins.
Read More from: BankThink
2020-06-23
Three banking trade associations told the FDIC that Rakuten Bank America, even after revisions to its earlier application to the agency, would still violate the separation of banking and commerce as well as present consumer privacy concerns.
Read More from: BankThink
2020-06-23
Participation in the Main Street Lending Program for midsize companies is partly about public service, but the core business rationale is building "a banking relationship that continues on for some time," the Boston Fed chief says.
Read More from: BankThink
2020-06-23
Rather than funnel mortgage and rent payments through consumers, the federal government should instead deal directly with landlords, utilities and banks, suggests Howard Newman, managing partner of Pine Brook Partners.
Read More from: BankThink
2020-06-23
A Moratorium on Evictions Ends, Leaving Thousands of Tenants Fearful
Eviction cases are expected to soar in New York City as housing courts reopen and landlords seek to recoup income lost during the pandemic.
Read More from: Shenwick & Associates
2020-06-23
Mastercard has agreed to acquire Finicity for a reported price of $825 million, a move the card brand says will strengthen its open banking platform and expand financial services through more real-time access to data.
Read More from: BankThink
2020-06-23
There you are, client on the witness stand, jury in the box, story being told on direct exactly the way you prepared her, things going just swimmingly. And then opposing counsel stands and utters those two lovely words…”Objection, hearsay.” Huh?
Read More from: Bankruptcy Mastery
2020-06-23
Bankers’ criticism that the expanded designation would bolster the largest credit unions is misguided.
Read More from: BankThink