The Banker's Blog Watch

Track industry talk and discussion via headline feeds from industry blogs selected by American Banker editors.
(Let us know what you think about this service.)


Today's Featured Post:

Felix Salmon

Why clearXchange Is Great for Payments
ClearXchange is a clear competitor to the likes of PayPal and Popmoney, but it’s not an existential threat to those companies. Instead, the reason I like it is just that it brings peer-to-peer payments where they belong, to the level of the bank account. And it’s likely to set a new benchmark of $0.00 for the cost that consumers pay for such payments.

Thoughts on the Future of Finance

  • What happens if Bitcoin mining companies vertically integrate?
    posted on August 19, 2014
    Creeping centralization can come in many forms - are the Web Application Server wars a lesson from the past?! First some history of the IT industry (you can skip this bit if you just want the meat…) Travel back in time with me to the late nineties.... I started my career during the Web Application […]
  • A simple explanation of fees in the payment card industry
    posted on August 9, 2014
    I wrote a piece last month explaining how the payment card industry works.  I talked about the various actors (acquirers, issuers, schemes, merchants, etc) and pointed out how weird it is that everybody knows the Mastercard and Visa brand names yet nobody actually has a relationship with them. One of the questions I didn’t address […]

HR Sagacity

Capital and Prudential Standards Blog

The Financial Brand

The National Bank Examiner

  • posted on August 7, 2014

  • posted on July 21, 2014

Nick Dunbar

  • Fear and liquidity in the high-yield market
    posted on August 19, 2014
    Junk bond funds are seeing record outflows. This has been described as a 'six-sigma event', in other words, six standard deviations away from the mean weekly flow, something that if normally distributed should only be expected once in millions of years. By definition that's unusual, but in the context of broader investment in riskier corporate […]
  • Volcker Sunlight Should be the Best Disinfectant
    posted on July 25, 2014
    On the fourth anniversary of the Dodd-Frank Act, the big US banks are still black boxes in terms of their trading activity. However regulators are now getting a bit more information. Over the last month, the big banks have started providing them with so-called reporting metrics under the Volcker Rule, so that the rule's curbs […]


  • Welfare economics: housekeeping and links
    posted on July 11, 2014
    A correspondent asks that I give the welfare series a table of contents. So here’s that… Welfare economics: Introduction The perils of Potential Pareto Inequality, production, and technology Welfare theorems, distribution priority, and market clearing Normative is performative, not positive I think I should also note the “prequel” of the series, the post whose comments […]
  • Welfare economics: normative is performative, not positive (part 5 and conclusion of a series)
    posted on July 7, 2014
    This is the fifth (and final) part of a series. See parts 1, 2, 3, and 4. For those who have read along thus, far, I am grateful. We’ve traveled a long road, but in the end we haven’t traveled very far. We have understood, first, the conceit of traditional welfare economics: that with just […]

Tomorrow's Transactions

The D&O Diary

Bank Talk

Deus Ex Macchiato

  • Three quotes and an apology
    posted on May 2, 2014
    The resumption didn’t happen: sorry. I just didn’t feel like writing. Even the Michael Lewis/HFT thing couldn’t rouse me from my stupor, mostly because it is so obvious what you need to do to fix these issues*. There is a three day weekend ahead. I don’t anticipate writing much any time soon, but let me […]
  • Sorry folks
    posted on March 26, 2014
    I’m horrendously busy, and unlikely to be blogging for some weeks. Normal service might be resumed by mid-April, but more likely there will be fewer but hopefully longer posts. Happy Easter

ISDA Media Comment

  • Fireworks!
    posted on July 3, 2014
    Around the world, fireworks traditionally mark special holidays and events, and people in the US will see their fair share this weekend as the nation celebrates the 4th of July. The New York Times must also be in a celebratory … Continue reading
  • Protection Racket
    posted on May 19, 2014
    How many times have you read a story in a newspaper or magazine and thought, "The headline is pretty negative, but the story is OK"? We thought (and hoped) that might be the case when we came across this New … Continue reading

Portals and Rails

  • Crooks Target Business Clients
    posted on August 18, 2014
    Fraudsters are always looking for ways to take advantage of trusted relationships, such as between a business and their established vendors. The fraudster's goal is to trick the business into thinking they are paying their vendor when the dollars are...
  • Improving Mobile Security with Biometrics
    posted on August 11, 2014
    During the last year, the release of two smartphones with fingerprint readers by two different manufacturers was met with a lot of excitement. People in the payments industry were keen on the ability of the new phones to better authenticate...

Bank Lawyer's Blog

  • De Novo Territory Still A Wasteland
    posted on August 19, 2014
    *The collateral damage caused by a non-existent condition that actually exists--the oft-denied FDIC mortorium on de novo bank approvals--includes bank M&A activity. According to the American Banker's Robert Barba and industry participants that he interviewed, a vital portion of the...
  • HMDA Data Drill-Down
    posted on August 17, 2014
    Attorney Warren Traiger thinks that the proposed CFPB changes to HMDA will be "a fair lending game changer" (paid subscription required). Information that is currently proprietary, like applicants' credit scores and debt-to-income ratios and loan fees and interest rates, will...

The Bankwatch

Celent Banking Blog

  • Innovation in Spain: A Way Forward for Banks Globally?
    posted on August 8, 2014
    Innovation is global. This isn't too revolutionary of an idea, neither is it new nor original. Yet, increasingly, conversations with banks, especially in the US, reveal that many institutions aren't looking too far outside of their market, let alone their vertical, industry, or country, for inspiration on how to innovate. In effect, this is giving […]
  • Why 'Branch of the Future' must be a Priority
    posted on August 7, 2014
    Bank Innovation published a piece written by Brett King this week entitled, Can we Stop Talking about the 'Branch of the Future'? In the article, King cites the industry's use of the "branch of the future" terminology as evidence of "one of the key hang-ups that banks have over changing distribution models". In other words, […]


  • Argentina and the Swap Puzzle
    posted on August 20, 2014
    President Cristina Fernandez de Kirchner has proposed a law authorizing the executive to reroute payments on the restructured bonds out of New York, and to offer all bondholders local-law bonds on 2010 exchange terms. All the buzz has been about...
  • Escalating to Nowhere?
    posted on August 20, 2014
    Here is the proposed law rerouting payments under the restructured, now-defaulted Argentine bonds away from New York. Contrary to reports, the big news is not the swap, but the unilateral attempt at firing Bank of New York Mellon and substituting...

CU Soapbox

  • The Hot Swappable Life
    posted on August 13, 2014
    by Ron Daly A business associate was telling me a crazy story just the other day. He was holding out his credit card to pay for lunch and I noticed it was a shiny, newly-issued card. "Just get that card?"...
  • I don't know where you are...but I know where you AREN'T.
    posted on July 16, 2014
    by Ron Daly I don't have spy satellites. I don't have access to your GPS. I'm not the NSA, nor am I Google, nor am I any other intelligence gathering agency, public or private. I don't know where you are...but...


Inside the Underbanked

  • Respek for Babak Armajani
    posted on June 3, 2014
    There are, no doubt, many influences that play out on anyone's career.  No different for me.  One of my most important ones was Babak Armajani.  He died a year ago, today. Babak had nothing to do with financial services for the emerging middle class, economic development, or financial inclusion.  To make things worse, perhaps, he was […]
  • Next PayDay: Govern Google
    posted on May 14, 2014
    I began to explore new solutions for payday lending in this op-ed in the American Banker. The response (at least based on my Twitter feed) has been outspoken, with many perspectives for and against. I thought I'd use the opportunity to go into further depth on my blog. Google Self-Governance on Ad Words for Payday Lenders In […]

Javelin Strategy & Research

  • Square Peg, Square Hole
    posted on July 31, 2014
    It was inevitable really that @Square would have come out with an EMV capable card reader sooner or later. Turns out it was sooner. Yesterday in fact. And in doing so, they answered a lot of lingering questions I had. Notably, how do you move from a business model built around distributing m-POS readers for Read the rest of this entry »
  • CrIsis
    posted on July 1, 2014
    In three years there will be a movie released, starring Jonah Hill. It's about an ambitious and successful PR executive for an exciting new electronic payment system called "Ares" that's set to revolutionize the way that people buy things with their phones. The name choice for the brand is made by a small and forceful Read the rest of this entry »

Liberty Street Economics


  • Last Chance for FinovateFall 2014 Early-Bird Tickets!
    posted on August 14, 2014
    FinovateFall 2014 is just six weeks away and the buzz is building. After announcing the impressive roster of presenters a few weeks ago we've seen a substantial surge in ticket sales. Based on that surge, we're now projecting a...
  • The 40 Fintech Graduates from Y Combinator (YC)
    posted on August 12, 2014
    By most measures, Y Combinator (YC) is far and away the most important incubator in the technology space. Graduating from there is like facing the job market with a resume boasting summer internships at Google, Facebook AND Goldman Sachs....

Zoot Blog

Fiserv is a leading global provider of information management and electronic commerce systems for the financial services industry.
Learn More
Informa Research Services is the premier provider of competitive intelligence, mystery shopping, and compliance testing services to the financial industry.
Learn More
CSC is a leader in private-label, third-party loan servicing with 30+ years of proven experience in delivering effective, cost-effective solutions.
Learn More
Already a subscriber? Log in here
Please note you must now log in with your email address and password.