BankThink

Payday lenders are making bank on new, high-interest products

06/05/18

Payday lending stocks are beating records. Mostly because they're no longer payday lenders.

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Flagstar takes advantage of Wells' plan to shed branches

06/05/18

The Michigan company will buy 52 branches and $2.3 billion in deposits from the San Francisco banking giant.

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AI can help banks make better decisions, but it doesn't remove bias

06/05/18

Financial institutions can improve monitoring of suspicious activity and potentially risky customers using algorithms, but they need to treat this new technology with caution.

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European merger talk; British fintech firm seeks U.S. bank license

06/05/18

UniCredit and Société Générale are discussing a merger; Revolut also plans to launch its mobile service in the U.S. this summer.

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Breaking Banks: ‘Bankers don’t innovate well at all’

06/05/18

Julieann Thurlow, CEO of Reading Cooperative Bank, argues that tech-savvy lenders like Sofi can draw in low-risk borrowers with a fast, simple online process.

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To fuel digital currencies, crypto-lender finances sales of mining gear

06/05/18

Cereal is looking at the aspects of the market that could be considered the most stable. By encouraging more mining activity, Cereal also promotes the viability of the cryptocurrencies being mined.

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Harnessing AI to help customers speed invoice processing and get paid

06/04/18

Banks are making business customers happy with new digital billing services as machine learning meets the lockbox.

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Top White House official to join big-bank group

06/04/18

Shahira Knight, the deputy director of the National Economic Council, is leaving the White House to join The Clearing House Association as its head of public affairs.

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Black Knight seeks AI might with HeavyWater deal

06/04/18

Black Knight has acquired HeavyWater, a developer of artificial intelligence and machine learning technology for the mortgage industry, and plans to incorporate the startup's borrower data verification and other automation capabilities into its existing product suite.

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Timeout: We weren't ready to rename our bank yet

06/04/18

Jacksonville, Fla., football fans had a strong clue that TIAA was about to rebrand its new banking unit when the signs at EverBank Field began to change.

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