BankThink

California man who sold bank data to Russians sentenced to one year

10/10/18

A California man who says he unwittingly helped Russia conduct a disinformation campaign on social media before the 2016 U.S. presidential election has been sentenced to six months in prison and another six months of home confinement.

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No room for rate chasers: Online banks try new pricing strategies

10/10/18

CIT Bank and Simple recently started offering higher yields on the condition that customers make regular contributions to savings. The offers are designed to help the banks avoid rate wars, but some analysts question whether they will appeal to enough consumers.

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The way to Amazon- and Apple-style loyalty? Reinvent the branch

10/10/18

A reimagined local experience is the best way banks can forge emotional connections with their consumers, industry experts say.

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A nearly $300 million M&A deal in Midwest

10/10/18

First Merchants in Indiana would pass $10 billion in assets by acquiring MBT Financial in Michigan.

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Lenders fear worst from rent control measure on California ballot

10/10/18

Proposition 10 would give local jurisdictions a freer hand to restrict rents, but critics say that would lead to property devaluations. Some see an effect regardless of whether the measure passes.

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How Zelle, banks combat real-time payment fraud

10/10/18

For bankers and network providers, it’s a given that moving to a real-time payment system like Zelle will lead to an increase in fraud attempts. Here's a look at the ways they're fighting back.

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Millennials want a house soon, but some buying into purchase myths

10/10/18

Millennials are targeting homeownership within the next few years, but many are buying into certain house-purchasing myths, according to Bank of America.

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Toward a more inclusive fintech industry

10/10/18

Promoting diversity must go beyond putting women in the C-suite. It’s about creating products and practices that help support and elevate those who tend to be overlooked.

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Bank earnings should be good; Goldman's priority

10/10/18

Slower-than-expected lending and "lackluster" trading could be concerns; new CEO David Solomon sets his sights on fixed income.

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ICBA mailings tout lawmakers who backed reg relief bill

10/10/18

The group is launching an "educational campaign" to praise the role played by House and Senate members in unwinding certain provisions of the Dodd-Frank.

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