BankThink

Visa, Mastercard reach $6.2 billion settlement over swipe fees

09/18/18

Visa Inc. and Mastercard Inc. agreed to pay as much as $6.2 billion to end a long-running price-fixing case brought by merchants over card fees, the largest-ever class action settlement of an antitrust case.

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More changes at Goldman; SunTrust outage continues

09/18/18

Goldman's lending and deposit-taking division gets a new chief, while its EMEA head take's responsibility for Goldman's business outside North America; SunTrust's website and mobile app down for second day.

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Oklahoma City de novo effort receives regulatory approval

09/18/18

Organizers of Watermark Bank aim to open early next year.

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Breaking Banks: Inside Apple's latest product launches

09/18/18

Several guests help dissect Apple's new iPhone XS and the Watch Series 4’s new heart-tracking features.

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Digitalization’s impact on staffing (it depends where you sit)

09/17/18

Shifting to digital processes requires rethinking staffing levels and responsibilities. Mid-America Mortgage CEO Jeffrey Bode outlines how his company has adjusted.

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Deposit growth is top of new Goldman banking chief’s to-do list

09/17/18

Carey Halio, who becomes CEO of Goldman Sachs Bank USA next month, wants to sustain its drive for consumer deposits and add products that make it more of a primary bank for customers.

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'Just a matter of time' before Amazon, Google enter mortgages: loanDepot CEO

09/17/18

LoanDepot's CEO Anthony Hsieh delivered a bracing message to mortgage lenders on Monday — strong new competitors are coming into this market, so they need to expand their offerings.

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Refund checks sent to more than 430,000 NetSpend prepaid card users

09/17/18

The payments, which total more than $10 million, stem from a 2017 settlement with the Federal Trade Commission. The agency charged that NetSpend deceived consumers by advertising that they could get immediate access to their funds.

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Banks across the Carolinas assess aftermath of Hurricane Florence

09/17/18

The storm dumped a record amount of rain on North Carolina over several days. Some sections of the coast remain off limits due to flooded highways.

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CFPB tries sweetening pot for firms testing disclosure changes

09/17/18

In its proposed “disclosure sandbox,” the bureau has eased restrictions on firms seeking a safe harbor from liability.

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