BankThink

Citizens outage knocks out online, mobile banking for customers

05/30/18

Customers at the Providence, R.I., company were unable to access their accounts, due to what a spokesman described as a "technical issue."

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Open APIs: Use Cases Grow, Tension Lingers

05/30/18

The widely held belief that application programming interfaces are the key to banking’s future rests on the many ways early adopters are experimenting with the technology. But security and privacy concerns are still leading many in the industry to hold back.

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De novo survivors on why they made the cut

05/30/18

More than a third of banks formed from 2006 to 2008 no longer exist. Leaders of three banks still in business share their tips on how they have remained open — and relevant.

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De novo bank in California is already a seller

05/30/18

Blue Gate Bank, which opened in January 2017, is being sold to Big Poppy Holdings.

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Wells Fargo won't give timeline on end to regulatory troubles

05/30/18

The $1.9 trillion-asset bank is under pressure to provide investors more information about when it expects to resolve the numerous headaches that have arisen in the wake of its phony-accounts scandal.

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Online lenders tighten rules as default wave rattles investors

05/30/18

It's gotten a lot harder to borrow money from the raft of fintech firms looking to bring online lending into the mainstream.

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Succession plan outlined at Kentucky bank

05/30/18

Stock Yards Bancorp in Louisville, Ky., has named James Hillebrand as its next CEO when David Heintzman retires later this year.

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The JPMorgan of Europe? French giant BNP Paribas is on a roll

05/30/18

Since taking over as CEO of BNP Paribas in 2011, Jean-Laurent Bonnafé's watchword has been "discipline." And while there have been aberrations, this trait has enabled the bank to steadily take market share from its European competitors and increase its bottom line.

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Vasco buys digital ID company, changes name to OneSpan

05/30/18

The authentication software and hardware provider is shifting its focus to identity verification and account onboarding, another sign that the newest generation of bank customers is not interested in coming into a branch to set up an account.

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Workforce diversity can help banks mitigate AI bias

05/30/18

A broader cross-section of hires and added training could help financial institutions avoid problems with algorithm-based discrimination in lending.

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