Consumer banking

'Those deposits would be gone in a flash': Comments of the week

03/29/18

Readers react to a drive for more public banks, weigh in the launch of an online-only bank, chime in on what millennials need and more.

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Latest weapon in battle for deposits: A digital-only bank

03/27/18

The field is crowded, but that’s not stopping well-established banks from trying to reach new markets by creating separately branded digital units.

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Bank of the West, BNP Paribas scout for fintech partners

03/23/18

The banks' Finlabs program is seeking growth-stage firms that could eventually work with several of their business lines.

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'Predatory lending is here to stay': Comments of the week

03/22/18

Readers react to the Senate regulatory relief bill, weigh in on the Consumer Financial Protection Bureau’s innovation initiative, chime in on whether banks need to provide more value in a digital age and more.

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Millennial workers can help community banks compete

03/22/18

Small institutions need to rethink their approach to younger employees, giving them more opportunities and responsibilities — and borrowing from their digital know-how.

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Will court ruling on robo-calling help or hurt consumers?

03/20/18

Banks say that an appeals court’s decision to ease restrictions will allow them to warn customers more easily when loans are past due or accounts have been compromised. But consumer groups argue that the decision gives financial firms license to market their products more aggressively and could lead to more harassing phone calls over unpaid debts.

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How Amazon is shaking up financial services

03/18/18

The e-commerce giant is muscling its way into a number of businesses that banks have long dominated.

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Capital One's bot likes 'The Bachelor,' and bankers shrug off Amazonophobia

03/15/18

Eno likes reality TV, says Capital One's head of artificial intelligence. Who's afraid of big, bad Amazon? Not Nandita Bakhshi. Goldman Sachs won’t be breaking any glass ceilings. Plus, a study on sexual harassment in banking.

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Include short-term loan repayment in credit scores

03/15/18

Use of alternative data in traditional credit scoring would help consumers access the banking system and lower their cost of credit.

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Rate wars: Leaders and laggards in repricing consumer deposits

03/14/18

Online banks and some credit unions are responding to Fed rate hikes by aggressively raising deposit rates on CDs, savings accounts and money market products, while the nation's biggest banks are largely standing pat — for now.

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