BankThink

CFPB's prepaid card rule could open the door to rampant fraud

03/23/17

Card issuers are sounding the alarm about the Consumer Financial Protection Bureau's final prepaid rule, claiming that without fixes the agency has opened the door to potential fraud on unregistered cards.

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Speaking 'male' and earning 'male' (aka 'goals')

03/23/17

B of A's Cathy Bessant and Michelle Moore have a few suggestions for women who want to advance and RBC's Janice Fukakusa sets a new pay benchmark for female executives. Plus, Bank of the West's Nandita Bakhshi and Citi's Yolande Piazza.

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Can tech help a community bank be 'everything to everyone'?

03/23/17

NBT Bancorp has spent the last few years introducing digital banking features intended to reach a broad audience.

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Competing with fintech on business loans isn’t rocket science

03/23/17

None of the initial steps banks can take to modernize business lending are cutting-edge innovation ideas, but they can still improve the borrowing experience, giving businesses fewer reasons to look elsewhere.

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Web pioneer plans blockchain-based digital ad platform

03/23/17

Brave, founded by JavaScript creator and former Mozilla CEO Brendan Eich, intends to issue a cryptocurrency to fund the development of a new way to buy and view digital ads.

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Secretary Mnuchin's challenge: Rethink consumer finance

03/23/17

As part of the broad regulatory review, the Treasury secretary should consider a blue-ribbon panel to look at modernizing policies on everything from consumer disclosures to wealth accumulation.

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Feds finger North Korea in hack; Deutsche's next chief?

03/23/17

The Justice Department believes that Pyongyang was behind last year's New York Fed heist; Marcus Schenck, DB's CFO and deputy CEO, may be next in line to head the big German bank.

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U.S. banks brace for possible trade war with Mexico

03/22/17

Community banks, which could be the hardest hit if economic tensions between the U.S. and Mexico escalate into a tariff battle, are urging policymakers to refrain from rash action, and big banks are already trimming exposures.

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OneWest exec as comptroller would give Mnuchin key ally

03/22/17

If chosen as Comptroller of the Currency, Joseph Otting's appointment would be a crucial step in the new administration’s deregulatory efforts.

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Coinbase granted N.Y. approval to offer Ether trades

03/22/17

Coinbase has received approval from the New York State Department of Financial Services to offer trading of the digital currency Ether, along with other products.

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