BankThink

Atlanta becoming hot spot for branch expansion

10/08/19

A strong economy, low-cost deposits and disruption from M&A are presenting opportunities.

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Agencies sign off on final Volcker Rule changes

10/08/19

The reforms will result in significant changes to the proprietary trading ban first proposed by former Federal Reserve Chairman Paul Volcker and mandated in the Dodd-Frank Act.

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Pelosi, Waters defend CFPB's constitutionality in Supreme Court brief

10/08/19

The two Democrats waded into a court battle over the president's ability to fire a director of the Consumer Financial Protection Bureau.

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California blazing a trail on banking policy for other blue states

10/08/19

The state's Democratic-controlled Legislature has enacted laws establishing data privacy rights, giving municipalities the ability to set up public banks, and requiring standardized disclosures on small-business loans, among other issues. Lawmakers elsewhere are taking notice.

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Fake ID fraud is declining, but small lenders are still vulnerable

10/08/19

Though synthetic identity fraud is down across the industry, there's been an uptake in such attacks targeting credit unions.

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Auto, home equity are soft spots in consumer lending

10/08/19

Delinquencies on indirect auto and home equity loans are trending up, while past-due rates on credit cards are declining, according to a recent report by the American Bankers Association.

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Robinhood gives banking another shot a year after botched launch

10/08/19

The service will move customers’ uninvested cash from their Robinhood accounts into existing banks, which are already insured through the Federal Deposit Insurance Corp.

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Bank of America's AI approach: 'Productive paranoia'

10/08/19

A thorough process for approving experiments with artificial intelligence, clear philosophical principles and diverse human involvement are some of the ways BofA says it's working to ensure AI does no harm.

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Trump to nominate FHA's Brian Montgomery as No. 2 at HUD

10/08/19

The Federal Housing Administration chief has already been serving as the acting deputy secretary of the Department of Housing and Urban Development.

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ABA to seek a review of appeals court's FOM decision

10/08/19

The banking trade group is asking for an en banc rehearing of its field-of-membership challenge before all 17 judges of the D.C. Court of Appeals.

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