BankThink

Bank, tech stocks are back in sync. Here's why that matters

03/19/18

Bank stocks in recent months were a fallback for suffering tech investors, but now both sectors are getting hit. It's a sign of tightening interest rate spreads — and more volatility to come.

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A hands-off CFPB might cause trouble for fintechs

03/19/18

As the agency pulls back its enforcement efforts, it opens the door for state authorities to pursue more cases against financial startups for their data collection and privacy practices.

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The de novo bug is spreading

03/19/18

Organizers want to open the first new bank in Michigan since 2009, while a third group in Florida has filed a de novo application.

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Is Amazon’s Alexa ready for person-to-person payments?

03/19/18

The main problem is that Amazon's Alexa, Apple’s Siri and Google Assistant can’t yet verify a person’s identity. But there are already workarounds for that issue — and the tech giants may solve it soon.

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Northern Trust adds auditing to distributed ledger

03/19/18

The bank’s distributed ledger for private equity deals can now provide nodes to auditors, so they can easily access documents and data for their annual reviews.

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Community Banks with the Largest Portfolios of Home Equity Loans

03/19/18

On Dec. 31, 2017. Dollars in thousands.

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Community Banks with the Largest Farm Loan Portfolios

03/19/18

On Dec. 31, 2017. Dollars in thousands.

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Amazon is the least of banking’s problems

03/19/18

Banks need to figure out how to provide more value to customers or nonbank financial services companies could displace them.

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Goldman releases U.K. pay gap data; Wells targeted again

03/19/18

The bank is the latest to report required pay discrepancies in their British units; the DOJ and SEC are looking into sales practices at the bank’s wealth management unit.

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How Amazon is shaking up financial services

03/18/18

The e-commerce giant is muscling its way into a number of businesses that banks have long dominated.

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