BankThink

Wells Fargo feels heat to cut more costs

05/10/17

After a bogus-accounts scandal spooked new clients and crimped profitability, Wells Fargo may eliminate more branches and dismiss staff.

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Fintech’s future is in the back end

05/10/17

The consumer banking experience still needs work. But instead of investing money in consumer-facing products, we must invest in critical yet less sexy infrastructure improvements.

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Live Oak seeks to recreate nCino's success with First Data's help

05/10/17

A tech JV between Live Oak and First Data aims to do for small-business deposits what the bank previously did for lending.

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AIG ruling overturned; Staley faces the music

05/10/17

Appeals court throws out earlier ruling that federal bailout of giant insurer was illegal; Barclays chief likely to face angry shareholders at annual meeting.

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CFPB makes first move toward small-biz data requirements

05/10/17

The Consumer Financial Protection Bureau plans to launch an inquiry into small-business lending, the first step toward crafting a rule for the collection and reporting of data.

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Congressional efforts to kill CFPB prepaid card rule fall short

05/09/17

CFPB runs out congressional clock and saves prepaid card rule

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Tax refund business propels prepaid card firm Green Dot

05/09/17

The Pasadena, Calif., firm also reported growth in the number of active prepaid cards for the first time since the second quarter of 2015. Profits rose by 24%.

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Why a bank needed to sell itself to Uncle Sam to find freedom

05/09/17

One Bank & Trust in Arkansas just sold itself to the Treasury, resolving a legal judgment and clearing the way for a resale to the private sector.

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JPMorgan tells banks to partner up as deposit drain looms

05/09/17

JPMorgan Chase has some advice for regional banks: A deposit drain is coming, so merge while you can.

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Ohio banks team up to form fintech accelerator

05/09/17

Fifth Third, Huntington Bancshares and KeyCorp are among the companies backing an effort to bring startups to the Buckeye State.

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