BankThink

Every consumer should have access to a low-cost, full service bank account that helps them make necessary payments, manage cash flow and avoid ancillary fees.

Receiving Wide Coverage ...

Goldman CFO to Retire: David Viniar, who has served as Goldman Sachs' chief financial officer since its 1999 IPO, plans to retire in January and take a "non-independent" seat on the board. The 57-year-old will be succeeded by Harvey Schwartz, nine years his junior, in what the Journal describes as Goldman's "first nod to a group of younger leaders." In another Journal story, analyst Meredith Whitney is quoted interpreting Viniar's retirement as...

Adopting universal terminology will allow financial institutions to quickly identify, understand and share information about threats, plan for different scenarios and build the systems required to effectively defend their interests.

Receiving Wide Coverage ...

Mobile Payments: Jack Dorsey's Square closed on a $200 million financing round that the papers say values the mobile-payments company at about $3.25 billion. The Journal's "Heard on the Street" column uses the occasion to offer a succinct overview of the disruptive implications of mobile payments technologies. Not only are the makers of cash registers and swipe terminals threatened (Nordstrom, for example, plans to go "completely mobile" in its department stores), so...

Underserved consumers need access to high-quality small loans from financial institutions that are based on sound underwriting and include tools for budgeting and saving.