BankThink

Financial incentives leading firms to strengthen risk governance internally is better than regulators mandating risk management standards.

Receiving Wide Coverage...

DAO-saster: If there's a simple rule for bank robbing, it's "follow the money."

As investors and consumers put their funds online and adopt new technologies — like cryptocurrency — so go the outlaws.

That appears to be one takeaway from Friday morning's theft of more than $50 million of the digital currency Ether. The hackers targeted the Decentralized Autonomous Organization, a fund built around the currency, which could spell the project's demise. ...

Receiving Wide CoverageÂ... Round 2: Right now, the score is MetLife: 1, FSOC: 0. But the government is looking to even the odds. MetLife won a major victory in federal district court this spring when a judge threw out its "systemically important" label, ruling that the Financial Stability Oversight Council fell short in proving that the insurer deserved the designation. Â...

The prospect of banks and credit unions meeting small-dollar loan demand is at risk under the Consumer Financial Protection Bureau's restrictive proposal.

Receiving Wide Coverage…

No Rate Hike. Wall Street Journal, New York Times, Financial Times, Washington Post.

Eternal Feud: It's the banking sector's version of the Hatfields and the McCoys: the merchants and the card companies are at it again. And this time, there's a tech twist.

Home Depot has filed an antitrust lawsuit against Visa and MasterCard, charging that retailers pay too much on transactions from debit and credit cards and that the card issuers are in cahoots...