BankThink

Group files application to form bank in Alabama

12/08/17

The proposed CommerceOne Bank in Birmingham, Ala., would be run by former executives at First Partners Bank, which was sold earlier this year.

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Pranks at CFPB, tax cuts' impact and bitcoin: Top stories of the week

12/08/17

For the second week in a row, the CFPB's leadership shakeout dominated readers' attention, while a regional banker discussed efforts to fight hacking and the impact of the tax cuts, and bitcoin's price soared.

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Consumer advocates file brief opposing CFPB’s Mulvaney

12/08/17

Advocacy groups filed an amicus brief supporting Leandra English’s suit to head the Consumer Financial Protection Bureau, arguing that President Trump's interim pick of Mick Mulvaney was illegal.

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Federal Reserve taps Boston Fed COO to head payments task force

12/08/17

In the new role, Kenneth Montgomery will lead the Fed’s efforts to reduce fraud risk and improve the security and resiliency of the U.S. payments system

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Payday lenders see new opportunity at revamped CFPB

12/08/17

The short-term loan industry is suddenly playing offense in Washington following Mick Mulvaney's appointment as acting head of the Consumer Financial Protection Bureau.

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Advice to banks on ADA website compliance: Don’t procrastinate

12/08/17

The Trump administration’s curious decision to delay rules concerning disabled consumers’ access to websites would appear to give companies a pass on making their sites compliant with the Americans with Disabilities Act. Banking attorneys don’t see it that way.

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RBS CEO sees diminishing chance of DOJ settlement this year

12/08/17

Royal Bank of Scotland Chief Executive Officer Ross McEwan said the likelihood is waning that the lender will settle a U.S. mortgage-bond probe before the end of the year as he'd hoped, though it's well-capitalized to handle a settlement.

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Inside banks, bitcoin futures are riling trading executives

12/08/17

Bitcoin is coming to Wall Street on Sunday, and some executives at the world's biggest banks aren't sleeping well.

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Cryptocurrencies aren’t the problem in recent hacks, user error is

12/08/17

Tether's $31 million hack gave bitcoin skeptics plenty to crow about. But experts say bad security is to blame, not digital assets.

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This bank's sale was a team effort

12/08/17

Alpine Bancorp. in Illinois made its sale a highly inclusive process, forming a special evaluation team of senior leaders to help top management review offers.

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