BankThink

Fox agrees to buy fintech for $265 million

08/05/19

Credible Labs, which lets consumers shop for the best rates on student loans, mortgages and other credits, would be part of an evolving digital strategy at Fox after the multibillion-dollar sale of many of its traditional media assets to Disney.

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Bank stocks take big hit as trade war fears escalate

08/05/19

China's decision to stop buying U.S. soybeans and let its currency depreciate raised the prospect of further interest rate cuts. That hurt banks slightly more than the rest of the market on what was a bad day for all equities.

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San Francisco community bank taps next CEO

08/05/19

Beacon Business Bank hired former Boston Private executive John Delaney as its new leader.

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Fed plans to launch real-time payment service by 2024

08/05/19

As part of its justification for developing its own government-backed system, the central bank said that leaving only a single fast network run by big banks constitutes a potential risk to the economy.

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Online lenders make case for cash-flow data while acknowledging pitfalls

08/05/19

Though the use of alternative data in lending is seen by some as untested, several fintechs say they couldn't function without it.

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Highest Loan/Deposit Ratios Among Bank Holding Companies

08/05/19

Year to date Mar. 31, 2019. Dollars in thousands.

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KeyBank rolls out no-fee overdraft, debit-linked savings accounts

08/05/19

The new products, along a 2% cash-back credit card, are aimed at helping customers build savings and reduce debt.

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Safeguard data on kids, reap customer retention rewards

08/05/19

Banks have to do a better job of protecting personal information about their customers' children.

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