BankThink

From overdraft to HMDA, rulemaking has new look at Mulvaney’s CFPB

05/16/18

Acting CFPB Director Mick Mulvaney has dropped agency plans to crack down on overdraft programs and large marketplace lenders. Here's what else he's changing.

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New Equifax CEO vows to keep banks in the loop

05/16/18

Mark Begor said Wednesday that banks and other customers will receive regular updates on the credit reporting agency’s efforts to improve its cybersecurity in the wake of last year’s massive data breach.

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Fed weighs easing how foreign banks in U.S. must gird for crisis

05/16/18

The Federal Reserve should think about dialing back its demand that foreign banks in the U.S. have an especially amplified ability to absorb losses, Vice Chairman Randal Quarles said at a Wednesday conference.

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BlackRock's savings app gambit: Build it, or millennials won't come

05/16/18

There's no reason that today's millennial-friendly microinvesting apps can't switch focus from spare change to real assets, industry executives warn.

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Square's Dorsey is all in on bitcoin as currency of the future

05/16/18

Jack Dorsey, speaking to a crowd of cryptocurrency enthusiasts, showed he was completely in sync with their view that digital currencies are the way of the future.

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Watch out: That may be a scam set up by ... regulators?

05/16/18

The Securities and Exchange Commission is pitching a fake initial coin offering to educate investors on the pitfalls of too-good-to-be-true ventures.

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Google Duplex's gift for gab could be gift for hackers, too

05/16/18

Google's new voice assistant technology may be the best right now at imitating human speech. That makes it a potentially powerful tool for bankers — and for cybercrooks.

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Reg relief, tax cuts, the war for talent: What's on midsize banks' radar

05/16/18

Regulatory burden was the dominant theme of a roundtable discussion, but executives are also concerned about their ability to attract skilled workers and they have mixed feelings on how corporate tax cuts are affecting customers' decisions.

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Credit unions are bulking up via M&A — and banks are nervous

05/16/18

Bigger credit unions present a formidable challenge for banks in areas such as business lending.

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Silicon Valley Bank to open office in Germany with Deutsche alumna

05/16/18

Silicon Valley Bank expects to receive a banking license from Germany's Federal Financial Supervisory Authority by the end of May and to open its first German location in Frankfurt in the coming weeks.

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