BankThink

OCC can't claim victory despite dismissal of fintech charter suit

09/16/19

A federal judge blocked state regulators from suing the agency over its new charter, but it’s still unclear whether fintechs would even apply.

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Deutsche joins JPM-led payments network; fired Wells employees’ woes

09/16/19

The move adds heft to the blockchain-based Interbank Information Network; many of those terminated in the phony accounts scandal say they’ve been blacklisted.

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Banks have upper hand in tech but no room to be complacent

09/15/19

The largest financial institutions have a golden opportunity to capture more market share because of the under-40 crowd’s decided preference for digital banking, J.D. Power says. Yet so do nonbanks.

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Serial bank buyers' refrain: The fundamental things apply

09/15/19

Geographic scale and low-cost funding are the foundation of a good deal, seasoned bank acquirers said in a panel discussion.

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SoFi makes big bet on the NFL with L.A. naming rights deal

09/15/19

The online lender's name will go on a glitzy new stadium in Inglewood, Calif., that is scheduled to open next year. The big question is whether the 20-year deal will contribute to profitability, which SoFi has yet to achieve on a consistent basis.

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Washington Federal changes its bank's name

09/13/19

The Seattle company rebranded as WaFd Bank to address confusion that it might have ties to the federal government.

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Tribal leaders hope CRA plan could help bring more foreign bank help

09/13/19

Native American tribal leaders are hoping foreign banks might step in to provide added assistance if regulators act on a plan leaders have put forward to designate Indian country as its own area under the CRA.

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Calif. Senate approves interest rate cap for installment loans

09/13/19

The vote Friday was a victory for consumer advocacy groups that have been pushing for years to rein in lenders that charge triple-digit rates.

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How serious is Crapo about getting pot banking bill across finish line?

09/13/19

The Banking Committee chairman's comments have advanced legislative efforts, but questions remain about where he'll take the issue.

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Big banks outpacing the industry in deposit growth

09/13/19

The FDIC's latest report on deposit market share shows the nation's seven biggest banks flexing their muscles, while smaller banks' market share gets smaller.

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