BankThink

Breaking Banks: EU fintech superheroes

06/30/17

Interviews with entrepreneurs and techies at the Money2020 Europe conference.

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Small banks deemed ill-prepared for coming payments revolution

06/30/17

Though they face an array of competitive threats — from digital currencies to peer-to-peer payment apps — the vast majority of community banks do not have a payments strategy, according to a recent survey.

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Summer reading list for bankers 2017

06/30/17

Apologies to those yearning for escapism, but it is hard to escape turmoil — in financial services, in the economy and in civilization — in this year’s reading list. That said, these weighty topics promise to stimulate the mind: How AI will disrupt employment; dystopian imaginings and real-life histories of societal shifts; the necessity of collaboration; bitcoin’s path from obscurity to relevance; the need for leaders to make sacrifices; and more. Recommendations are courtesy of American Banker readers, editorial staff and BankThink contributors.

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N.J.'s Sun Bancorp caps its turnaround with sale to OceanFirst

06/30/17

The $487 million deal would be OceanFirst's fourth, and largest, acquisition in its home state since 2015.

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This tiny Florida bank says APIs could make it a national player

06/30/17

With a new core system, Surety Bank plans to connect with customers outside of its geographic market.

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Digital identity profession (yes, it is one) now has a guild

06/30/17

Enabling peers to compare notes will help ID management specialists at regional, midtier banks who face the same requirements as large banks but command smaller operating budgets, IDPro’s founder says.

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Is your AI racist? A lawmaker wants to know

06/30/17

The promise of fintech is that it might offer underbanked consumers access to financial products. But some are worried that relying on algorithms to make credit decisions could open up problems of its own.

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Why this once-skeptical banker is now sold on new loan-loss rule

06/30/17

Timothy Zimmerman, who once called CECL a dangerous proposal, now sees a justification for the FASB standard. And he is urging bankers to start working on plans to comply with the change.

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You already bank the pot industry. You just don’t know it

06/30/17

It may be a bigger challenge than financial institutions realize to avoid the cannabis sector, which includes a whole host of ancillary businesses from agricultural supply sellers to real estate developers.

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‘Hogs get slaughtered’: Comments of week

06/30/17

Readers criticized a credit union securitization proposal, weighed in on scaling back the CFPB’s complaint database, debated the need for banks to examine gender-based salary comparisons, and more.

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