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The Banker's Blog Watch

Track industry talk and discussion via headline feeds from industry blogs selected by American Banker editors.
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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

  • Free advice can be valuable... but only if you take it
    posted on August 26, 2015
    If a client tells you your solution doesn't solve their problem, it may not be the problem that needs to change... I often argue for the importance of blockchain and distributed ledger technology by using the following chain of logic: Bitcoin's architecture solved the problem of censorship-resistant digital cash But few, if any, financial firms […]
  • Brief thoughts on the Bitcoin block size debate
    posted on August 17, 2015
    I’ve kept well away from the block size debate but the launch of Bitcoin XT is worth a quick mention. My reasons for staying out of the debate are pretty obvious: I’m not a miner, I’m not a core developer, I don’t run a wallet service, I have no particular insight into the engineering trade-offs […]

HR Sagacity

Capital and Prudential Standards Blog

The Financial Brand

The National Bank Examiner

  • posted on July 2, 2015

  • posted on June 4, 2015

Nick Dunbar

  • The eternal Greece of the financial engineer's mind
    posted on July 13, 2015

    Exactly 12 years ago I wrote about a Greek disappearing act: how in 2001 the country concocted a swap deal with Goldman Sachs to conceal almost €3 billion of debt from its national accounts, to help meet Maastricht ratios. This story refuses to die: a former Goldman banker recently suggested that Greece sue the bank … Continued

  • Unravelling LOBOs
    posted on July 8, 2015

    A few weeks ago, I was with Channel 4 Dispatches reporter Antony Barnett speaking to Sheffield Labour MP Clive Betts. We were on a park bench in some gardens next to the Houses of Parliament and we briefed Betts about our findings on Lender Option Borrower Option (LOBO) loans to UK councils – findings that … Continued


  • How to fix the Euro
    posted on July 23, 2015
    I broadly agree with the Angloamerican consensus about the, um, challenges associated with the Euro from an economic perspective. (David Beckworth has a very nice explainer.) We do understand that the Euro was adopted for political more than economic reasons. Unfortunately, with the benefit of hindsight, the hoped-for political benefits of the common currency seem […]
  • Price stickiness is not a mystery, and it is not psychology
    posted on July 19, 2015
    I mean to write about something else today, so this will be short. But I’d like to point out, as gently as possible, a mistake in the premise underlying this post by my friend Tyler Cowen. To be fair, it is not a mistake that is uniquely Cowen’s. Macroeconomists invoke price stickiness as an assumption […]

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

  • Summer Reading
    posted on August 31, 2015
    We always like to pack a few good yarns to enjoy while on vacation in August...and this one is at the top of the list. It's a tale of vanishing trades, shadow banking and international intrigue. Kind of like The … Continue reading
  • Hot, Hot, Hot!
    posted on August 24, 2015
    The Basel Committee on Banking Supervision's rules for determining the amount of capital relief banks can achieve by hedging credit risk have most likely been called a lot of things by tired and frustrated risk managers over the years. ‘Hot’ … Continue reading

Portals and Rails

Bank Lawyer's Blog

  • Sabbatical
    posted on May 31, 2015
    Other than holidays and brief vacations, I have not taken a break from this blog in over a decade. It's time. This blog is going on summer vacation. Have a great summer.
  • The Underbelly Of The Mt. Holly Settlement
    posted on May 28, 2015
    The settlement of the Mt. Holly disparate impact case before it could be decided by the US Supreme Court were suspicious. At the time, it was thought by many that the US Justice Department had helped to engineer that settlement...

The Bankwatch

  • "Hacking is a business model"; some simple advice from an expert
    posted on August 17, 2015
    I was reading the comments on this exploit story on AppleInsider. I loved lkrupp's comment (below). The first paragraph might just be the best and simplest explanation for how to avoid virus and malware problems. (if you use Windows then you'll need to substitute Microsoft approved or the likes for App Store). Several of the […]
  • Greece is important and so is Alabama
    posted on July 13, 2015
    This quote from Rana Foroohar on CNN this weekend makes one stop and think. A similar comment related to Connecticut (similar GDP to Greece) effectively bailing out any of the smaller southern US states every year. Why Greece Matters for Everyone It's not that the economy of Greece itself matters so much-China creates a new […]

Celent Banking Blog

  • Corporate banking in China: my crystal ball grows cloudy
    posted on September 2, 2015
    I'm in the midst of writing a Celent research report on how corporate banking is faring amid increasing economic, regulatory, competitive, and technology headwinds. Part of my research includes looking at the performance of 20 of the top global banks over the past 10 years. Four of these banks are headquartered in China, a country […]
  • Is your institution leading or lagging?
    posted on September 1, 2015
    This question comes up often. As a research and advisory firm, Celent fields ad-hoc research with regularity. No matter how well thought out our surveys, however, we nearly always wish we could have asked additional questions. This led us to launch two research panels focused on topics representing significant and growing interest among Celent clients. […]


  • Central Bank Alter-Ego Theory Rejected
    posted on August 31, 2015
    This ruling, handed down today by the Second Circuit, may spell the end of one phase of the NML litigation. For some time, the plaintiffs have been trying to find a way to seize assets held by Argentina's central bank....
  • Yep, 800,000 Bankruptcy Filings This Year
    posted on August 26, 2015
    My blogging has been light the past few months as we have been working on the eighth edition of what will now be LoPucki, Warren & Lawless, Secured Transactions: A Systems Approach. For you secured transactions teachers out there, we...

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...


  • Top 4 Performance Stats That Will Blow Your Mind
    posted on August 31, 2015
    Here are four process benchmarks that will blow your mind.
  • Don't Be a Cold Fish
    posted on August 19, 2015
    Warm Pulse and Cold Fish banks are duking it out largely on sales productivity. Performance driven by organic growth is what differentiates one from the other.

Inside the Underbanked

  • Carving up the Gecko
    posted on June 1, 2015
    At Core we’ve been getting more and more excited about insurance – not too worry, we’re not becoming actuaries anytime soon – and the potential for start-ups to disrupt that incredibly boring, but entirely gigantic whole industry. I owe a special gratitude to Thomas Smyth - who dropped into Core on a lark…
  • Show me the Money
    posted on April 23, 2015
    Everyone in the financial services industry is very excited about the digitization of money.  How exciting it would be to forego cash (and those annoying checks), in favor of a more efficient world of commerce and assets.  At the hand of Bitcoin, the argument goes, or Apple Pay, or what-not…

Javelin Strategy & Research

  • Dear Grandma - Here are 5 things you need to know about EMV Cards
    posted on August 31, 2015
    As the October 1, 2015, date for EMV liability shift looms, it seems like everyone is gearing up for this momentous event. Banks are issuing new EMV chip cards, merchants are installing new terminals, cashiers are receiving new instructions, and so forth. Everyone is getting ready -- except us consumers. Many of us have received our...
  • Can Apple Pay sweeten the deal for small merchants to upgrade to EMV?
    posted on August 24, 2015
    Small merchants are unclear on how to best approach EMV, but many report that they would be willing to deploy EMV terminals if they could also accept mobile payments including Apple Pay.  Are small merchants really looking for a BOGO (buy one, get one) when it comes to upgrading their terminals?  Buy a pair shoes and get...

Liberty Street Economics


  • Finovate Alumni News
    posted on September 2, 2015

    On Finovate.com: Check out the first set of companies featured in our FinDEVr Preview series: Personal Capital Lleida.net  Finicity BlockCypher Thinking Capital  Hyperwallet Around the web: PayPal’s new PayPal.me gives users a customized URL to request money. BigRentz and Kabbage partner to offer equipment rental financing. Forbes: PayPal’s Small Business Lending ‘Accelerating‘ On The Way Read more...

    The post Finovate Alumni News appeared first on Finovate.

  • Fall In! FinovateFall 2015 Presenting Companies Revealed
    posted on September 1, 2015

    A touch of autumn rain here in the Pacific Northwest this week is a welcome reminder that fall is right around the corner. That means that our annual NYC conference – FinovateFall – is only a two weeks away. So pick up your ticket while you still can and join the 1,500-person gathering in Manhattan September 16 & 17. To whet Read more...

    The post Fall In! FinovateFall 2015 Presenting Companies Revealed appeared first on Finovate.

Zoot Blog

  • The great usability debate: Should banks pursue a one-click experience?
    posted on August 25, 2015

    Customer experience is the Achilles heel for banks in today's digital age. Consumers want the distributed, one-click experiences they get from companies outside the financial industry. You can find a restaurant by cuisine type, its location, how far it is from the exact spot you are … Continue reading →

  • Rethinking the Automation of Loan Underwriting
    posted on August 18, 2015

    For years, banks have been automating inefficient steps in loan underwriting. Over time, more aggressive institutions have been able to automate the majority of the process--some have even been able to fully automate account opening. Like the last nine in six-sigma, the final steps of automation … Continue reading →