BankThink

Customers’ satisfaction with mobile apps is slipping, J.D. Power says

07/03/19

Huntington, Capital One and Citi are tops with consumers, but overall satisfaction scores have declined as users have been overwhelmed by the constant rollout of new features.

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The real story behind the Presidio-Heritage deal

07/03/19

The pair spoke in grand terms when they announced they were combining, but a securities filing tied to the agreement serves as a reminder that when two banks decide to become one, it's often because they have to.

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Regulating Libra’s a waste of time

07/03/19

What Facebook really needs is another heavyweight like Amazon or Google to help spur cryptocurrency competition.

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Two Fed nominees likely to support Trump push for easier rate policy

07/03/19

Christopher Waller is a conventional choice drawn from within the Fed’s own ranks. Judy Shelton has spent decades outside mainstream economics. But both are expected to echo the president’s call for lowering interest rates.

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Trump tweets Fed nominee names; Deutsche in selling mode

07/03/19

The president says he’ll nominate Judy Shelton, Christopher Waller for Fed; the bank reportedly in talks to sell parts of its “once prized” equities business.

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General counsel of failed First NBC pleads guilty to bank fraud

07/02/19

Gregory St. Angelo was part of a loan and tax credits scheme with other senior executives that funneled him more than $50 million, federal prosecutors said.

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State AGs oppose CFPB efforts to roll back overdraft rule

07/02/19

New York Attorney General Letitia James said there is “no basis to believe” that the overdraft rule has harmed small banks and credits unions.

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CRA credit for fighting climate change: One Fed bank's suggestion

07/02/19

As policymakers mull ways to update the 42-year-old Community Reinvestment Act, economists at the San Francisco Fed have put forth a novel proposal.

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CFPB filed no fair-lending enforcement cases last year

07/02/19

The CFPB did not file any fair-lending enforcement actions in the 2018 fiscal year and did not refer any Equal Credit Opportunity Act violations to the Department of Justice.

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Is core-banking technology nearing a 'big shake-up'?

07/02/19

Alexander Lopatine, who founded Nymbus and has joined Mbanq, says alternative providers are gaining the confidence of more banks. However, questions remain about their staying power in the fight with traditional vendors.

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