Bankruptcy Blogs

Countries including Brazil, Nigeria, Malaysia and India have proved that there are viable ways to find alternatives to branches, use mobile devices to increase the reach of financial services and roll out government-supported financial inclusion projects.

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Embrace the Unknown: The Federal Reserve is "patient" no more, but it's not exactly raring for an interest-rate hike. In dropping the word from its statement Wednesday, the Federal Open Market Committee made room for the possibility that it will increase its benchmark rate as soon as June without committing itself to that timeline. "If the strengthening dollar and falling oil prices start to translate into still-lower expectations for future inflation, the...

Before banks close a branch office or make dramatic cuts in the workforce, they should make sure they're prepared for the social media fallout.

Banking is a controlled, regulated environment. Bankers don't like risk. They scrutinize, analyze, quantify and squeeze out as much uncertainty as possible.

But banks have little control over what their online critics broadcast to huge swaths of the population, whether the message is civil and accurate or scurrilous and exaggerated. Banks must reconcile...

When financial firms emphasize the need to put customers first, they offer employees a simple way to navigate daily dilemmas while short-circuiting self-interest and tribal behavior.

Receiving Wide Coverage ...

Facebook 'Likes' Payments: Comes now Facebook to the electronic money-transfer wars. Facebook will let users send money to friends, Romans and countrymen using its Messenger service, the Times, Journal and FT all reported, citing a Facebook blog post. It's Facebook's first foray into peer-to-peer money transfers. The service is free (for now) and a user only has to upload a Visa or MasterCard debit card to her Facebook account. The service will...