2018-10-29
The merger could help make open source and cloud computing more commonplace at banks. But it may have an unintended consequence as well.
Read More from: BankThink
2018-10-29
Federal "Opportunity Zones" that reduce exposure on capital gains could draw rich investors — and commercial lenders along with them — into economic development projects in thousands of troubled communities around the country.
Read More from: BankThink
2018-10-29
The pledge comes as Fifth Third, which had previously committed $30 billion to community development, looks to close on its acquisition of MB Financial in Chicago.
Read More from: BankThink
2018-10-29
Before the rule was issued, banks and money transfer companies acknowledged that better disclosures and other steps were necessary in light of higher costs for international money transfers.
Read More from: BankThink
2018-10-29
OceanFirst Financial's acquisition of Capital Bank of New Jersey would strengthen its presence in the southern part of the state and Philadelphia.
Read More from: BankThink
2018-10-29
The bank, one of the few that do business with digital currency exchanges like Coinbase, has developed methods for monitoring all customers’ digital currency purchases.
Read More from: BankThink
2018-10-29
Applying for Social Security Disability benefits may seem like an intimidating task, but there are many decisions you can make to ease the process and obtain the benefits to which you are entitled.
Read More from: Scholnick Law
2018-10-29
Despite improvements in the proportion of consumers without a bank account, there is still work to do to bring more Americans into the banking system, argues FDIC Chairman Jelena McWilliams.
Read More from: BankThink
2018-10-29
The idea of digitizing cashiers' checks is likely to meet resistance, but the Swiss startup says at least two U.S. banks are already showing interest.
Read More from: BankThink
2018-10-29
Christian Sewing calls out the German bank's senior managers for using rumors of a merger with Commerzbank to excuse poor performance; banks in China begin using smartphones to pick up on lie-detecting facial tics.
Read More from: BankThink
2018-10-28
The housing finance agency, which is increasingly at the forefront of reform discussions, has been without a permanent chief for almost two years.
Read More from: BankThink
2018-10-28
From Democrats winning control of Congress to an escalating trade war and technology companies applying for a fintech charter, there are plenty of scary prospects facing the industry.
Read More from: BankThink
2018-10-26
The Human Account, a survey of 11,500 people, is intended to inspire banks and governments to come up with better ways to help low-income people.
Read More from: BankThink
2018-10-26
Wells Fargo puts two top execs on leave as scandal's reach grows; regional banks freed from SIFI label lobbying regulators hard for more relief; FDIC to launch innovation office to help banks compete with fintechs; and more from this week's most-r
Read More from: BankThink
2018-10-26
Personal loans are "tricky to underwrite" because consumer credit scores are high at the time of origination and then drift downward, says Roger Hochschild, who recently took over as the head of Discover Financial Services.
Read More from: BankThink
2018-10-26
Growing home prices plus rising interest rates are putting a damper on mortgage lending, which pushes the market to seek out less qualified borrowers and increases the risk of fraud.
Read More from: BankThink