BankThink

OCC seeks dismissal of New York fintech charter challenge

08/23/17

The Office of the Comptroller of the Currency is seeking to scrap a challenge to its fintech charter by New York’s bank regulator.

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Regulators extend capital compliance deadlines

08/23/17

In anticipation of future changes, bank regulators will allow all but the largest banks to avoid a planned phase-in of 2013 capital rules.

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When Walmart wanted a bank

08/23/17

Not only did Walmart's bid for an industrial loan company galvanize bankers, it also turned the ILC world upside down.

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Rebundling financial services is aspiration of startup Douugh

08/23/17

Today a money management app, tomorrow — if all goes according to plan — a portal to all one's accounts.

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Heavyweight bank tech vendors enter digital ID fray

08/23/17

OnlyID, a joint offering from FIS and Equifax, is meant to become consumers’ single sign-on for bank and retail websites and apps. Longstanding relationships may give it a better shot at achieving network effect than previous attempts.

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A solid Q2 for banks; Goldman targets Volcker rule

08/23/17

Bank earnings rose nearly 11% in the second quarter, according to the FDIC; Goldman lobbying to kill or weaken the rule to boost its bond trading performance.

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Fed releases Ally Bank from capital, liquidity restrictions

08/22/17

The commitments were the residue of restrictions that were placed on Ally in the wake of government bailouts in 2008 and 2009.

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Inside Bank of the West’s partnership with U.C. Berkeley

08/22/17

To head off ethical concerns often raised by university-corporate partnerships, Bank of the West is not paying kickbacks for accounts. Instead it is cultivating student input and chipping in for scholarships, internships and emergency food assistance.

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Cheat sheet: What bankers need to know from FDIC's 2Q report card

08/22/17

The banking industry had mostly good news in the FDIC's Quarterly Banking Profile, with higher profits helped by interest income. But there were worrying signs too, including a big jump in credit card chargeoffs.

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A look at one bank's anachronistic effort to boost fee income

08/22/17

Bryn Mawr Bank has launched a mutual fund at a time when heightened competition and regulatory oversight are the norm.

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