BankThink

IBM, CLS launch blockchain banking app store

07/30/18

Banks that have decided to use Hyperledger Fabric now have a place to find apps that run on it — apps that someone else has tested. The store, LedgerConnect, is also meant to give vendors a way to distribute their wares to banks.

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Cagney unruffled by revelations; FHFA head accused

07/30/18

The former SoFi CEO raises funds for his new venture despite recent admissions about dating employees; female employee says Mel Watt harassed her.

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The crisis isn't over

07/29/18

Ten years ago, it was a banking crisis, but it became a political one. That crisis never ended.

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Bankers’ testimony could loom large in Manafort trial

07/27/18

The roster of of potential witnesses at the trial of President Trump's former campaign manager includes current and former employees of Citizens Financial Group, Banc of California and The Federal Savings Bank.

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Senate Democrats send CFPB nominee list of follow-up questions

07/27/18

Kathy Kraninger, a senior official at the Office of Management and Budget, largely avoided answering direct questions at her nomination hearing.

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Hard part of reg relief, pot banking regtech, Mulvaney's twist: Top stories of the week

07/27/18

Federal bank regulators consider roughly a dozen new rules; firms tout tools to help financial institutions bank legal marijuana-related businesses; Mick Mulvaney defends CFPB enforcement powers; and more from this week's most-read stories.

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Hard to see how FHFA’s Watt survives harassment allegations

07/27/18

Mel Watt's term as director of Federal Housing Finance Agency ends in January, but his exit may be accelerated if the accusations in a new report prove true.

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The weak spot in banks’ cyberinsurance

07/27/18

A community bank in Virginia thought the $2.4 million hackers stole from its customers would be fully covered by its insurance policy, but its carrier begged to differ. Their highly technical legal fight is a cautionary tale for all bankers who assume they are sufficiently covered.

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Leak of harassment probe is politically motivated: FHFA’s Watt

07/27/18

Politico reported Friday that the head of the Federal Housing Finance Agency is being accused by an employee of making inappropriate sexual advances.

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App gap poses threat to community banks

07/27/18

Small banks are being warned to slow down mobile tool development and check vendor arrangements, as researchers repeatedly find vulnerabilities that can be exploited by cybercriminals.

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