BankThink

Citizens to launch digital platform for commercial clients

06/15/17

The initiative comes as the bank is carving out a niche in the market for midsize companies.

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The ways banks are kicking digital up a notch

06/15/17

The most innovative projects shared at Digital Banking 2017 involve embedding banking in popular devices and apps like Facebook Messenger and Amazon Echo.

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When fintech meets CRA: SoFi bank bid draws activists’ ire

06/15/17

The online lender, which focuses on high-earning millennials, is offering assurances that it will also serve Americans who make less money. But the company has not convinced critics, who say the plans are inadequate.

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Lawmakers remain split as regional banks press for relief

06/15/17

Senate Banking Committee Chairman Mike Crapo sounded optimistic Thursday about reaching a bipartisan deal for regulatory relief, but a hearing once again emphasized the gulf between what lawmakers are likely to pass and what the industry is seeking.

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CFPB tweaks final prepaid rule, seeks comment on second delay

06/15/17

The Consumer Financial Protection Bureau proposed further changes Thursday to its final rule on prepaid cards and is seeking public comment on whether to delay implementing it a second time.

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Big banks and regionals strategize for the second half of 2017

06/15/17

With the first half of 2017 drawing to a close, bank executives gathered this week at the Morgan Stanley Financial Services conference to discuss their companies’ performance thus far and, more important, outline their priorities for the rest of the year and beyond. Here are some of the highlights.

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Banks, credit unions brace for more cross-industry mergers

06/15/17

Seven banks have agreed to be sold to credit unions in the last 18 months. Expect more deals as both industries face internal and external pressure.

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The financial health apps CFSI and JPM are backing

06/15/17

The eight winners of an annual fintech competition will receive $250,000 in capital and resources.

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Citigroup’s Corbat reassures audience: No tweeting at 3 a.m.

06/15/17

Fundraiser-dinner humor aside, Corbat's comments about social media highlight the fact that several big-bank CEOs don't seem to have individual Twitter accounts.

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Financial firms should fear, but also admire, Amazon’s rewards program

06/15/17

Amazon’s new Prime rewards program is the latest way the tech titan is cultivating a loyal use base. To retain and engage customers, banks should follow Amazon’s lead and layer in more value-added services.

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