BankThink

Texas banks go all out to help employees hurt by Harvey

09/05/17

“You can’t serve the public if your employees are shell-shocked,” said one top banker, comments echoed by other institutions dealing with the aftermath of Hurricane Harvey.

[more]

A path forward for tellers as branch visits decline

09/05/17

The days of having an employee who happily works at the drive-through window for 30 years are over. So what’s a bank to do about its branch staff now? Bank of Tennessee has some ideas that it expects will appeal to millennials.

[more]

Lease-to-own 'fintech' gets $100M credit line from BMO Harris

09/05/17

Snap Finance provides credit at the point of sale, primarily to consumers with bad credit.

[more]

CFPB arbitration rule will still pose costs to consumers

09/05/17

In a deregulatory environment, a rule that better enables consumers to bring class actions could lead to an explosion of litigation, which will affect product availability and pricing.

[more]

How this bank’s anti-laundering blunders became a ‘sales tool’

09/05/17

Nothing like revelations of a client’s Ponzi scheme that lead to your bank paying $4 million in anti-money-laundering fines. That’s what happened at Gibraltar Private Bank & Trust, but its CEO argues its compliance overhaul has given the bank a competitive advantage in cosmopolitan New York and South Florida.

[more]

Harvey makes Trump rethink draining swamp at HUD

09/05/17

The long-term recovery for thousands of Texans whose homes were decimated by Hurricane Harvey rests with a Trump administration government outsider who wants his agency's budget cut by billions of dollars.

[more]

Regulatory sandboxes can help states advance fintech

09/05/17

States must recognize how their patchwork of different regimes stifles innovation, but they also have an opportunity to help maintain U.S. competitiveness in the global fintech marketplace.

[more]

Automating mortgage loan processing

09/05/17

Helping to improve efficiency and customer satisfaction while limiting cycle time and costly errors.

[more]

Cordray skirts gubernatorial talk; no more SIFIs?

09/05/17

CFPB director gives political speech but avoids saying if he will run for governor in Ohio; Treasury is looking into getting rid of the "too big to fail" label.

[more]

Will fintech create a small-business-loan utopia?

09/05/17

Karen Mills, former head of the Small Business Administration, says the glut of online lenders could help entrepreneurs obtain funds quickly.

[more]