BankThink

Citi’s credit card business reaches a turning point

10/12/18

Citigroup spent years reeling in customers with promotional rates, many of which have expired or soon will. The bank thinks it can keep a large number of those customers and make more money off of them.

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Umpqua Bank names first head of innovation

10/12/18

Käthe Anchel is expected to help push Umpqua’s recent focus on what it calls the “human-digital” banking experience.

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Wells Fargo faces mounting pressure to cut costs as revenue stagnates

10/12/18

Barred by regulators from adding assets for at least another six months, the bank has only one main lever to pull to boost returns.

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Wells Fargo down 1,000 advisers over two years

10/12/18

A sullied reputation and frustrations with bureaucracy have driven some advisers to the competition.

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Fighting payment fraud, rate chasers, and a dearth in diversity: Top stories of the week

10/12/18

How banks and network providers combat real-time payment fraud; online banks try new pricing strategies; the Most Powerful Women in Banking call for greater leadership diversity; and more from this week's most-read stories.

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JPMorgan’s 3Q offers glimpse of big questions facing banking

10/12/18

The largest U.S. bank's strong third quarter did not insulate its leaders from being pressed about the downside of pricey investments in technology, whether capital rules make commercial lending growth hard for big banks to achieve, and whether another economic downturn is edging closer.

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ABA-endorsed insurer to be sold to American Financial Group

10/12/18

ABA Insurance Services, which is owned American Bankers Mutual Insurance, offers a range of services to banks, small businesses and nonprofits.

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Dear regulators: Don’t cut big banks’ capital

10/12/18

A proposal to ease the leverage ratio for the country’s largest institutions raises questions about whether safety and soundness remain the top priority for the banking agencies.

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Financial firms reap benefits of hot venture capital market

10/12/18

A $245 million funding round for the payments processor Stripe contributed to heavy venture capital investment in the third quarter.

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Cross-Border B2B: A Payment Line Up for Grabs

10/12/18

While businesses' ability to transact internationally has expanded, the act of settling payments has gotten more complex, expensive and time-consuming. That means opportunity for companies that can provide solutions.

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