BankThink

Longtime CBA counsel had the backs of banks, the respect of regulators

09/19/19

Steven Zeisel, a lobbyist with the Consumer Bankers Association who died Sunday, was a strong voice for financial institutions navigating post-crisis regulations. He also had the ear of policymakers on the other side of the table.

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Fintechs serving gig-economy workers raise funds, plot expansion

09/19/19

Salaryo and Joust are among the companies catering to a clientele of underbanked entrepreneurs, Uber drivers and the like. Venture capital dollars are starting to follow.

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Making Amazon work for smaller issuers

09/19/19

Vibrant Credit Union sees great value in converting its members to mobile and digital payments. And days like Amazon Prime Day can be critical for its digital wallet strategy.

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Banks are missing their millennial opportunity

09/19/19

With 20- and 30-somethings just beginning to build financial wealth, banks must orient their business to meet the needs of these consumers.

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Central bank crypto could change banking; Fed to intervene again

09/19/19

Vikram Pandit says digital push could force “creation of 21st century regulation”; Fed will conduct $75 billion overnight repurchase agreement operation.

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Wells Fargo strikes data-sharing agreement with Plaid

09/19/19

One of the largest U.S. banks and a dominant data aggregator have signed an agreement designed to give customers more control over their data.

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Led by Trump appointee, CFPB is back in the enforcement business

09/18/19

There were signs Kathy Kraninger would continue a rollback of consent orders and investigations, but many observers see an aggressive approach reminiscent of the Obama era.

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Do big credit unions act too much like banks?

09/18/19

From expanding their membership to buying naming rights for major stadiums, big credit unions are taking unfair advantage of their tax exemption, bankers and industry observers argue.

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Do big credit unions act too much like banks?

09/18/19

From expanding their membership to buying naming rights for major stadiums, big credit unions are taking unfair advantage of their tax exemption, bankers and industry observers argue.

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Capital One set to launch Walmart credit cards next week

09/18/19

The launch of the products comes more than a year after Capital One wrested the Walmart partnership from Synchrony Financial.

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