BankThink

Savings app Blast has new target market — PC gamers

09/24/19

The app, which started with mobile gaming, will now integrate itself with some of the most popular video games on the market such as Fortnite.

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U.S. Bank embraces open banking with data-sharing agreements

09/24/19

The bank has developed APIs to feed customer data directly to seven fintechs and data aggregators, including MX and Finicity.

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Organizers apply with FDIC to open women-run bank in Chicago

09/24/19

FWBank would be led by Marianne Markowitz, former acting SBA director. Amy Fahey, a former JPMorgan Chase executive, would serve as chairman.

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Fintech Fundbox raises $176 million to lend to business using AI

09/24/19

The San Francisco startup plans to use the fresh funding to hire employees in its engineering team and to expand the number of platforms it works with.

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California’s privacy reforms can drive national legislation

09/24/19

Congress should consider acting quickly or companies could treat the Golden State's new data privacy restrictions as a national standard.

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Veritex to record charge-off tied to energy loan

09/24/19

The Dallas company inherited the loan relationship from a bank it bought in 2017.

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Experimenting with digital currencies; Questioning SOFR

09/24/19

Some countries are toying with digitizing their currencies; NY Fed chief defends SOFR despite recent concerns about repo market volatility.

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Sandy Spring to buy Revere Bank

09/24/19

The company will add nearly a dozen branches in the Maryland suburbs of Washington.

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Are customers getting enough control over their data?

09/24/19

Andres Wolberg-Stok at Citi and Sam Taussig at Kabbage debate openness, privacy, control, and how much say consumers should have over their banking information.

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How Supreme Court could decide CFPB constitutionality question

09/23/19

If the court agrees to hear the case, its conservative majority could make it easier for a president to fire a CFPB director, though other outcomes are possible.

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