BankThink

Fintechs find another untapped market: New immigrants needing credit

02/09/18

For many newcomers to the U.S., establishing credit is a big challenge. A handful of entrepreneurs are developing tools to help verify their financial histories.

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Visa to acquire Fraedom to expand B-to-B services

02/09/18

In a move to support its business-to-business payments platform, Visa has agreed to acquire software provider Fraedom.

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Getting ahead of risk involves asking the right questions

02/09/18

Identifying threats to a single bank or the financial system as a whole can be tricky, but there are steps bankers can take to protect themselves.

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What’s SoftBank up to?; AIG’s bad earnings

02/09/18

Analysts are wondering what the big Japanese technology fund plans to do with its proposed stake in Swiss Re; the insurer takes a onetime $6.7 billion loss due to tax reform.

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'It's about time that there is sane leadership at the CFPB': Comments of the week

02/08/18

Readers react to the Consumer Financial Protection Bureau pulling back from investigating the Equifax breach, opine on the Federal Reserve's tough enforcement against Wells Fargo, weigh in on gender pay issues and more.

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Why did this bank CEO get fired shortly after reporting a profit?

02/08/18

Codorus Valley Bancorp fired Dwight Utz, the head of its bank unit, "without cause" just a few weeks after reporting earnings of $12 million for 2017.

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Fed bars ex-CEO of failed Md. institution from rejoining banking industry

02/08/18

The Fed determined that Jacob Goldstein, who was also president of NBRS Financial Bank, improperly signed off on loans without telling the board that he would benefit from them. The bank failed in 2014.

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Stay relevant (but not with lady snack chips)

02/08/18

The journey Diane Morais is taking Ally on is all about being more relevant to customers. Doritos offers a lesson on how to do the opposite. CIT's Ellen Alemany says banks are 'terrific' about addressing sexual harassment. But what about the gender pay gap and boardroom balance?

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Walmart's quest to stabilize its workers' financial lives

02/08/18

It’s not just hourly workers who struggle to make ends meet — many managers also often find themselves short on cash each month. To help employees cope, the retail chain is using a tool developed by the fintech Even to give them access to their wages before the next pay period.

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Buckley Sandler co-founder retiring to pursue other businesses

02/08/18

Andrew Sandler, who is also CEO of Treliant, co-founded Buckley Sandler in 2009. He will step down from the firm in March.

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