BankThink

Why this 125-year-old thrift is getting into commercial lending

05/11/18

Capitol Federal Financial has mostly relied on mortgages throughout its history. Its acquisition of a commercial lender will change that.

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What banks can do to avoid drowning in data

05/11/18

It can be difficult for financial services companies to glean customer insights from the abundance of information they have.

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Wells can only ditch growth cap with Fed board vote: Powell

05/11/18

Fed Chair Jerome Powell said Thursday that the central bank's board of governors will take a vote before Wells Fargo is ultimately released from its growth restriction mandate, a decision that had previously been left up to staff.

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BOK eyes new opportunities in banking Native-American tribes

05/11/18

The Tulsa, Okla., company has quietly carved out a niche financing tribal casinos within its footprint, and now it’s ready to take the business into new markets.

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Where Bank of America uses AI, and where its worries lie

05/11/18

The bank is using AI in its chatbot, in trading and other areas. It also has concerns about the potential for bias to creep into the software.

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Wells Fargo's Sloan says don’t believe the negative headlines. Really?

05/11/18

The misplaced criticism of the media may be a sign that Wells Fargo CEO Tim Sloan still doesn't recognize the true extent of the bank’s problems.

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Will Wells Fargo hurt Zelle by improving on it?

05/11/18

The irony of the explosive growth of mobile P2P is this: As consumers get more comfortable with paying one another through mobile devices, they're thinking of P2P less as a service that one should find within a bank's app.

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Apple, Goldman plan credit card; Wells will be late

05/11/18

This would be the bank’s first foray into credit cards; Wells Fargo says it won’t be able to comply with Fed requirements before next year.

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'Bankers as the moral compass of society': Comments of the week

05/10/18

Readers weigh in on the role banks play on gun control, chime in on Wells Fargo’s latest brand campaign, slam the idea of postal banking and more.

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Financial industry petitions FCC to make robocall lawsuits harder to win

05/10/18

Banking and mortgage groups are asking the Federal Communications Commission to issue new Telephone Consumer Protection Act rules that would make consumer lawsuits over robocalls harder to win.

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