BankThink

Citi ties ThankYou rewards to Mastercard tech for instant redemption

06/25/19

Citigroup will be the first major issuer to use Mastercard technology to give U.S. credit card holders the ability to instantly redeem points on eligible purchases online and through a mobile app.

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Credit unions are buying banks, but can they keep the customers?

06/25/19

The biggest challenge for credit union acquirers involves retaining commercial customers at the banks they buy. That's why constant communication, and having more commercial products and services, matter.

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Before they regulate AI, Congress needs to define it

06/25/19

As lawmakers meet this week to discuss artificial intelligence, they should work with regulators to create universal and workable definitions.

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Diebold's newest ATMs designed to act like mini branches

06/25/19

The ATM manufacturer has added mobile banking integration, document signing, biometric authentication, video banking and a cash recycler to its DN series.

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Will lower rates bring tougher regulation?; HELOC-backeds return

06/25/19

Dallas Fed chief says lower interest rates may require stricter rules to ward off riskier lending; after financial crisis, debt backed by HELOCs disappeared.

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Fintech MX gets $100 million in funding to expand operations

06/25/19

The fast-growing fintech, which says its mission is helping banks be better consumer advocates, will use its cash infusion for hiring, software development and new partnerships.

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Small-dollar lending fintech attracts Prudential backing

06/25/19

Aura is one of the few fintechs in the nation to have a Community Development Financial Institution designation from the U.S. Department of the Treasury.

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How Citizens Bank is rethinking mobile and online banking

06/25/19

Bruce Van Saun, CEO, shares details of the new digital channels the bank is building for consumers and small-business customers.

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Why Washington mobilized so quickly against Facebook's crypto plans

06/24/19

The speed and the bipartisan nature of the demand for an investigation into Facebook's Libra are telling, giving ammunition to those who warned the cryptocurrency space is underregulated and unsafe

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Embattled Fla. banking commissioner claims he was blackmailed by state officials

06/24/19

Ron Rubin, on leave after a sexual harassment complaint, filed a lawsuit claiming that the state's chief financial officer, through an intermediary, sought a $1 million contribution as part of a quid pro quo to get the job.

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