BankThink

Text analysis holds the promise of improving lenders’ ability to evaluate which borrowers will repay, but it also carries substantial risks.

The bank consortium is going directly after the business of its former partner Ripple in the middle of their legal battle over an option for digital currency worth $1 billion.

Big banks have raised deposit rates faster than regionals in order to retain depositors; India’s largest payment app wants to expand.

While increasing de novo activity is encouraging, the processes of chartering a bank and applying for deposit insurance are more onerous, lengthy and costly than they need to be.

The new tool tracks both serious and general delinquencies down to a county level and features interactive charts and graphs.