News Topic: BankThink

Lawmakers don't appear ready to relax requirements yet, but they may do so in future legislation in hopes of spurring more bank lending. ... Read full article

The marketing and tech-sharing opportunities for Google's eight financial institution partners are captivating despite the risk of data privacy or other issues cropping up down the road. ... Read full article

Keith Leggett, a former economist at the American Bankers Association, has overseen Credit Union Watch since 2009. ... Read full article

James Gutierrez will remain on the board of directors and is trying to arrange financing to help keep the struggling company afloat. ... Read full article

The company falsely advertises its cash advances as requiring no collateral or personal guarantee, according to a lawsuit filed by the Federal Trade Commission. ... Read full article

The New York companies plan to move ahead with their proposed deal despite challenges created by the coronavirus pandemic. ... Read full article

Five banks, including BBVA USA and BMO Harris Bank, and one credit union will begin offering Google-branded bank accounts in 2021. ... Read full article

Citigroup plans to let credit-card customers finance big purchases on Amazon.com over longer periods of time — a deal that may spur sales at the e-commerce giant while boosting the bank’s interest-bearing balances. ... Read full article

Government stimulus programs are buoying consumers hurt by the coronavirus shutdown; the bank has been forced to sell loans to stay within the Fed-imposed $1.95 trillion asset cap. ... Read full article

Bank leaders should embrace the decision in their efforts to guard against reputational and workplace risks. ... Read full article

No two properties are alike, so lenders are tailoring their approaches for modification, forbearance and repayment of loans to a sector devastated by the pandemic. ... Read full article

The Conference of State Bank Supervisors, banking law scholars and consumer advocacy organizations filed amicus briefs siding with the New York State Department of Financial Services in its court battle with the federal regulator. ... Read full article

Bankers are left wanting after details on PPP forgiveness plan emerge; why OnDeck is being sold on the cheap; Fannie, Freddie to face banklike liquidity standards starting Sept. 1; and more from this week’s most-read stories. ... Read full article

This personal funding has blurred the line between personal and business finances more than ever. ... Read full article

Heritage Bank and Dime Community Bank are among those financial services firms taking online and app-store reviews seriously. Here’s why all banks should pay attention. ... Read full article

Current economic conditions will have "a continued adverse effect on our businesses” if they persist or worsen, Bank of America warns. ... Read full article

The legislation proposed by Rep. Nydia M. Velázquez, D-N.Y., goes further than recent state efforts to require better disclosures for high-cost lenders, but it would face an uphill battle in the GOP-controlled Senate. ... Read full article

The measure would release $2 million in funding for the U.S. Postal Service to launch pilot programs to provide basic services such as checking accounts and bill payment. ... Read full article