BankThink

Zelle founder to helm Ripple rival Interstellar

09/12/19

The creator of Zelle precursor clearXchange is heading a company building a blockchain-based international payment technology for banks.

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Senate Democrats call out Capital One over breach response

09/12/19

The lawmakers, including Sens. Sherrod Brown and Elizabeth Warren, sent the bank a letter focusing on customers' difficulty enrolling in credit monitoring and identity protection services.

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U.S. Bancorp latest bank to lower profit forecast

09/12/19

Expectations of more rate-cutting and slower GDP growth led the Minneapolis company to scale back its net income and revenue projections through 2022.

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Bowman confirmed for 14-year term at Fed

09/12/19

The fifth-generation banker, who has already been serving as a central bank governor, was confirmed by the U.S. Senate in a 60-31 vote.

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AI becoming part of TD Bank’s DNA

09/12/19

The bank has been deploying artificial intelligence in every business line, conducting research to find out what consumers think about the technology, and holding a roundtable with experts to define "responsible" AI.

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O'Rourke urges credit card lenders to stop backing gun sales

09/12/19

The Democratic presidential candidate said on Twitter that credit cards "have enabled many of America’s mass shootings."

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Republicans sought power to fire CFPB chief. Democrats may benefit.

09/12/19

The Supreme Court may be closer to examining a key restraint on a president's ability to change CFPB leadership.

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California may point the way forward on payroll advances

09/12/19

A proposal to define wages-on-demand would protect consumers and serve as an example for others.

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The changing metrics of credit; HSBC wants out of France

09/12/19

Lenders considering other factors for those with bad or no credit history; the bank plans to sell its French retail unit.

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Libor is ending. We aren't ready

09/12/19

The most widely referenced interest rate benchmark will cease to function after 2021, and the financial system is still coming to grips with that complicated reality.

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