BankThink

How banks can encourage collaboration among workers stuck at home

03/16/21

Hood Qaim-Maqami, divisional CIO at the Bank of New York Mellon, has ideas about how technology can be used to make people feel connected.

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Visa, Mastercard to delay merchant fee hikes another year

03/16/21

Visa and Mastercard are postponing plans to boost the fees U.S. merchants pay when consumers use credit cards online, pushing back the changes another year to April 2022 because of the pandemic.

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Real estate boom has plenty of legs; minority investment banks gain share

03/16/21

Economists see few signs of a repeat of the 2006 bust, which ignited a global recession; the firms are winning a bigger piece of the corporate bond market as issuers seek wider markets.

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Truist is first regional bank to issue a social bond. It won’t be the last.

03/15/21

Big banks led the push to offer multibillion-dollar bonds that fund affordable housing, education and nonprofits that serve needy communities. But Truist’s recent $1.25 billion bond is a sign that regionals want to attract progressive institutional investors — and burnish their images.

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Goldman pandemic loans draw scrutiny from Sens. Brown, Warren

03/15/21

The Senate Banking Committee is questioning whether Goldman Sachs Group paid dividends at the expense of lending to businesses and households during the pandemic as lawmakers take a broad look at the support big banks offered clients to get through the economic slump.

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FDIC approves Florida de novo that will focus on Latino customers

03/15/21

Organizers of the proposed Our Community Bank have received conditional approval that requires them to raise $18 million before opening.

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Flagstar’s data breach, and what banks can learn from it

03/15/21

The Michigan bank is the latest company to have customer data compromised through a software vulnerability. The incident reinforces the importance of attack simulations, constant searches for intrusions and exchanges of intel with peers.

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13 CEOs launch Credit Union Women’s Leadership Alliance

03/15/21

The new group is made up of leaders from institutions with assets of $300 million or less and aims to help foster collaboration, mentorship opportunities and more.

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Bank of America ready to compete with Walmart fintech, other tech startups, CEO says

03/15/21

Bank of America Chief Executive Brian Moynihan said the company is confident in its growth prospects even as competition intensifies from fintechs including Walmart’s startup.

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Search begins for New Hampshire Federal Credit Union's next CEO

03/15/21

Longtime leader John Young plans to retire at the end of 2021, and the credit union has hired Humanidei to find a replacement.

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