BankThink

Equifax breach has banks tightening defenses, counseling customers

09/19/17

Normally tight-lipped about security moves, bankers tell how they are re-examining their systems for Equifax-like flaws and providing new cards, fresh accounts and reassuring advice for anxious customers.

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Sallie Krawcheck's plan to make money by helping women retire rich

09/19/17

Many women see their highest pay at an earlier age than men, take more career breaks, and live longer. Krawcheck just got $34 million to work on that.

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The story behind Square’s bank charter application

09/19/17

The payments processor Square has big plans in banking — but even after filing an application to charter an industrial loan company, it still doesn’t see itself as a competitor to most financial institutions.

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Why are more people trying to rob banks?

09/19/17

Armed heists are becoming less common, but the overall number of robbery attempts has ticked back up in recent years. The opioid epidemic is a likely reason, according to an industry expert.

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Equifax is said to suffer a hack earlier than date disclosed

09/19/17

Equifax learned about a major breach of its computer systems in March — almost five months before the date it has publicly disclosed, according to three people familiar with the situation.

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JPMorgan seeks to banish paper payments with fintech venture

09/19/17

JPMorgan Chase is partnering with another fast-growing technology firm, this time to help business clients eradicate paper checks.

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Don’t let court squander online lenders’ chance to reach underserved

09/19/17

Most of the country has never heard of Madden v. Midland Funding, but the impact of the misguided court decision on consumers is far-reaching.

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A changing of the guard at Webster Financial

09/19/17

The Connecticut bank's president, John Ciulla, will succeed longtime CEO Jim Smith, who is retiring after three decades on the job.

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DOJ probes Equifax; China bitcoin ban broadens

09/19/17

Investigation will include possible insider trading by company executives; “broad clampdown” on buying and selling digital currency.

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A community bank seizes on iPhone 8's ID power

09/19/17

Beneficial Bank in Philadelphia intends to be an early adopter of Apple’s Face ID.

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