BankThink

Green Dot renews vital card partnership with Walmart

10/29/19

The two companies agreed to continue to collaborate on a prepaid card program until 2027. The deal holds particular importance for Green Dot, which relies heavily on revenue generated at the discount retail giant.

[more]

Northwest Bancshares entering Indiana with latest bank acquisition

10/29/19

The Pennsylvania company will pay $346 million for MutualFirst Financial.

[more]

The changing shape of bank-fintech partnerships

10/29/19

Startups are increasingly expanding into new areas with their bank partners in an effort to broaden their customer base and bring products to market faster.

[more]

BofA to pay special bonuses for third year after strong earnings

10/29/19

Bank of America plans to pay its employees special bonuses for a third straight year after reporting record earnings in four of the past five quarters.

[more]

Bankers feel paralyzed in face of wildfires

10/29/19

Executives at banks in California say there's only so much they can do until the flames subside.

[more]

15 community banks join The Clearing House’s real-time payments network

10/29/19

Many small banks remain skeptical of the payments network because it is owned and operated by big banks and they are waiting for the Federal Reserve to launch a rival service.

[more]

Tight labor market, policy fights top of mind for small-bank CEOs

10/29/19

It's difficult to recruit and retain talent amid low unemployment, while uncertainty about GSE and BSA reform makes planning harder, bankers said at the ABA convention.

[more]

Xpress Money, Geoswift collaborate on China remittance service

10/29/19

Finabler’s Xpress Money cross-border transfer service has partnered with Geoswift to enable consumers in global markets to send funds in real time to Chinese bank accounts.

[more]

Geopolitics weighs on Mastercard's global B2B ambitions

10/29/19

Mastercard is aggressively building a business payments ecosystem as it keeps an eye on political headwinds it has little control over.

[more]

Warren singles out U.S. officials for moving to C-suite jobs

10/29/19

Sen. Elizabeth Warren stepped up her criticism of some of the largest U.S. corporations and singled out senior-level government officials who accepted jobs at Citibank, Wells Fargo, Facebook and Walmart after working for the federal government.

[more]