BankThink

Shadow lenders poised to get tougher rules in global crackdown

11/17/20

Global regulators are preparing to tighten restrictions on companies believed to have threatened the financial system at the height of pandemic-fueled volatility.

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PayPal inks deal letting U.S. workers get paid before payday

11/17/20

PayPal's U.S. employees will gain access to their compensation as soon as they earn it through an agreement the company made with Even Responsible Finance.

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Visa pilots card-not-present security app with MSUFCU

11/17/20

The pilot leverages Keyno’s CVVkey technology that uses a dynamic card verification value 2 (CVV2) code to provide a higher level of security against fraud for online and mobile payments.

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Parsing PNC's purchase; the plot thickens in Shelton’s Fed nomination

11/17/20

PNC’s acquisition of BBVA’s U.S. unit is as much about profitability as it is about expansion; as another Republican defects, the question becomes: Who will show up for the Senate vote?

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Digital dollar, inclusion and the stimulus bill

11/16/20

The events of 2020 have only helped to intensify a range of potentially disruptive developments in the payment industry. As the central bank's digital currencies advance, how will the government and the private sector work together to bring projects to an effective conclusion?

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The Senate may not flip but Banking Committee is poised for shake-up

11/16/20

If the GOP can hold its majority in the chamber, Sen. Pat Toomey, R-Pa., will likely become the panel's chairman. His ardent support for free-market principles could set up partisan clashes with Democrats over pandemic relief, money laundering rules and more.

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Is representation a step in the right direction — or a solution?

11/16/20

Despite tangible evidence dispelling that it's hard to find Black talent, the financial services have yet to crack the code when it comes to building a representational workforce. But is it a sufficient solution on its own?

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Berkshire Hathaway sells another piece of its Wells Fargo stake

11/16/20

Warren Buffett's company has been pulling back from the scandal-ridden bank as it prepares to unveil strategic changes.

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OCC finalizes measure to eliminate ‘unnecessary’ licensing rules

11/16/20

Among the core changes in the regulation, more national banks will be able to use the agency's expedited review process to approve certain corporate transactions.

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Kyle Markland to head conserved Municipal Credit Union

11/16/20

Markland, the former CEO of Affinity Plus FCU in Minnesota, takes the helm 17 months after the New York-based institution entered conservatorship.

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