BankThink

Factoring deal is diversification play for Axiom

07/10/18

The Orlando, Fla., bank has bought Allied Affiliated Funding in Dallas in an effort to branch out beyond traditional commercial and consumer lending.

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‘It’s gotten worse over the past 10 years’

07/10/18

New financial products may be exciting for wealth managers — but one group of people isn't benefitting, warns Neesha Hathi, the chief digital officer for Charles Schwab.

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N.Y. bank faces activist threat from a former executive

07/10/18

A former chief financial officer at Hanover Bancorp is trying to separate the roles of chairman and CEO as part of a sweeping demand for change.

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Delinquencies on credit cards, other loans rise in latest ABA report

07/10/18

An index that tracks late payments on consumer loans inched closer to historic norms, according to data from the American Bankers Association.

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Are your clients truly engaged, or just legacy?

07/10/18

Don’t let this opportunity slip away, says Ilan Davidovici from Salesforce.

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Flagstar snags Regions exec to oversee growing branch network

07/10/18

Flagstar Bank, which is in the process of buying more than 50 branches from Wells Fargo, has hired Ryan Goldberg as a director of retail banking.

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Keep financial services brands laser-focused, Acorns CEO says

07/10/18

The mobile microinvesting company offers five basic products because it wants to be known for helping customers manage saving and spending — and that's it, Noah Kerner said at In|Vest.

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Ron Carson foresees AI besting human advisors within a year

07/10/18

Data about client behavior will drive better user experiences.

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LA will require disclosures about bank sales incentives

07/10/18

Mayor Eric Garcetti signed an ordinance Monday that establishes new requirements for banks that want to do business with the city. The rules are thought to be the first of their kind nationally.

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Insider promoted as part of succession plan at Washington bank

07/10/18

Jeff Deuel will take over as CEO of Heritage Bank in Olympia, Wash., for Brian Vance, who will remain as the head of the holding company until next year.

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