BankThink

Ohio poised to tighten rules on high-cost consumer lending

07/10/18

Republican lawmakers and consumer groups have reached an agreement on legislation designed to close a loophole in the state's interest rate cap.

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Breaking Banks: What role will avatars have at work?

07/10/18

Brett King queries science fiction writers Kevin J. Anderson and Harry “Doc” Kloor about the practical future for emerging technologies like avatars and voice recognition.

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R3 updates blockchain software with new security feature

07/10/18

The consortium's Corda Enterprise is designed to let blockchain applications exist behind a company’s firewall but still interact with outside partners.

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Adviser to Mulvaney chosen as CFPB's No. 2

07/09/18

Brian Johnson will serve as the agency's acting deputy director, succeeding Leandra English, who recently said she plans resign from the CFPB.

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Full-employment blues: Recruiting bankers gets even harder

07/09/18

A tighter labor market and declining demand for compliance employees are expected to slow down hiring at banks in the coming year.

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PNC to close Ohio call center, allow employees to work from home

07/09/18

The regional bank's move is part of an industrywide transformation of call centers and operations centers to handle more complex tasks and trim costs.

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Banks play catch-up in fintech for small-business clients

07/09/18

A cash management offering by Mastercard and Strand is the latest example of new answers to commercial clients' demands for better digital services.

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Citi buys $1.5B L.L.Bean credit card portfolio from Barclays

07/09/18

Citigroup and Mastercard replace Barclays and Visa as the card partners for the Maine apparel retailer.

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Dreams of Goldman doing big takeover meet stress test's reality

07/09/18

Almost 10 years after the financial crisis, Wall Street was starting to wonder aloud: Might Goldman Sachs or Morgan Stanley make a big acquisition? Much of that speculation got a reality check on June 28 when both firms scraped through the Federal Reserve's annual stress tests.

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Supreme Court shuffle: 5 possible reverberations for banks

07/09/18

A more conservative court will be likelier to rule favorably on issues ranging from the deference for regulatory agencies to what constitutes a fair-lending violation.

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