BankThink

Supreme Court ruling could mean more ADA lawsuits tied to bank websites

10/09/19

The court passed up a recent opportunity to clarify confusion about Americans with Disabilities Act requirements for business websites, raising concerns among bankers that they could become an even more inviting litigation target.

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FDIC to offer parental paid leave to employees

10/09/19

All personnel will qualify for up to six weeks of paid leave following the birth, adoption, or foster-care placement of a child in their home, the agency said.

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How alleged Asian crypto scam became headache for Comerica, Mastercard

10/09/19

A digital currency firm has been accused of recruiting actors to pretend to be Comerica and Mastercard employees, writing a fake prospectus and taking other steps to make it look like the two U.S. companies were its partners in an investment venture.

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A $40 billion pile of leveraged loans is battered by big losses

10/09/19

Barely noticed in a corner of the financial markets, leveraged loans originally worth about $40 billion are staging their own private meltdown.

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Calling all allies: What women in banking say is key to progress

10/09/19

Bank executives at the Most Powerful Women in Banking and Finance gala stressed the importance of male allies in combating gender inequities.

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Facebook's Zuckerberg to testify to House on Libra

10/09/19

The social media giant's CEO will likely encounter pushback from members of the Financial Services Committee about the company's plans to launch its own cryptocurrency.

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PayPal exit from Facebook project shows power of D.C.’s disapproval

10/09/19

The payments company’s departure from the association leading Facebook’s Libra cryptocurrency plan is the clearest sign that skeptical policymakers are the plan's biggest obstacle.

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It's not enough to fix the de novo application process

10/09/19

Even with the FDIC actively encouraging groups to start banks, challenges like raising capital and low interest rates make it tough.

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EU to regulate Libra; Robinhood joins online deposit war

10/09/19

The EU wants to protect the euro and ensure Facebook’s digital currency isn’t used for money laundering; the brokerage is partnering with six banks to offer 2% on account balances.

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The next presidential debate should include banking

10/08/19

Certain topics have dominated in the Democrats’ prior face-offs, but issues like regulatory relief have the potential to highlight crucial differences between the candidates.

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