How worried should banks be about the FBI’s ATM attack warning?

Banks — especially smaller ones — are being told to brace themselves for a wave of ATM raids by cybercrooks. Industry officials are uncertain what information the red alert is based on, but experts say swift, sophisticated thefts are very doable.

Community banks embrace health care lending despite risks

It's a fickle industry, given the uncertainty over the Affordable Care Act and government reimbursements, but opportunities in lending to medical practices and device manufacturers make it hard to resist, bankers say.

Community banking Frank Gargano 4h ago
How next FHFA chief can reform Fannie, Freddie without Congress' help

The regulator of the government-sponsored enterprises has substantial authority to intervene as a legislative stalemate continues.

GSE reform Hannah Lang August 14
Why community banks should negotiate shorter fintech contracts

Legacy tech vendors have traditionally offered decadelong contracts. But given constant change in the industry, small banks today should push for three-year deals, a bank CEO says.

Contract signings Nathan DiCamillo August 14

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The Latest

Ronald Glancz remembered for banking acumen, mentoring next-gen lawyers

The veteran banking attorney, who also worked at the FDIC and OCC, passed away Tuesday following a battle with cancer.

Financial regulations John Reosti 3h ago

Financial regulations John Reosti 3h ago
Surprise winner in banks' midterm donations: Moderate Dems

While the industry's trend of supporting Republicans continues, Senate Democrats who backed reg relief are drawing key industry support.

Election 2018 Neil Haggerty 1h ago

Election 2018 Neil Haggerty 1h ago
Article In the Wake of Equifax, a Call to Share More Data not Less

When Equifax disclosed its enormous data breach that exposed the personal information of some 143 million people, the reaction of many consumers and corporate executives was similar and familiar: our data is at risk at all times and the less access we give to others the better. But that's precisely the wrong lesson.

Banking October 18, 2017

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Banking October 18, 2017
The candidates getting banks' cash: Top 5 in the Senate

While bankers typically donate more to the political re-election campaigns of Republicans, their giving has shifted more to Democratic incumbents in the Senate for the upcoming midterms.

Election 2018 Neil Haggerty 3h ago

Election 2018 Neil Haggerty 3h ago
U.S. Bancorp promotes Jodi Richard to chief risk officer

The Minneapolis company said Wednesday that Richard, a senior executive in its risk management office, will succeed Bill Parker in October.

Succession planning Kristin Broughton 4h ago

Succession planning Kristin Broughton 4h ago
BankThink Getting the Volcker Rule right may be a waste of time

Mayra Rodríguez Valladares
Managing Principal MRV Associates

The trading ban is even less effective than feared at making the banking system safer.

Volcker Rule 5h ago

Volcker Rule 5h ago
The candidates getting banks' cash: Top 5 in the House

All five are Republicans and they include senior House GOP leaders, contenders to head the Financial Services Committee and strong voices in favor of regulatory relief.

Election 2018 Neil Haggerty 6h ago

Election 2018 Neil Haggerty 6h ago

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The candidates getting banks' cash: Top 5 in the Senate

While bankers typically donate more to the political re-election campaigns of Republicans, their giving has shifted more to Democratic incumbents in the Senate for the upcoming midterms.

The candidates getting banks' cash: Top 5 in the House

All five are Republicans and they include senior House GOP leaders, contenders to head the Financial Services Committee and strong voices in favor of regulatory relief.

Five C&I credit analysis tips from a Main Street banker

Good credit analysts are in short supply, says David Nicholson, a senior VP of commercial lending at a community bank. But fair warning for job seekers: Only dogged questioners who can think critically need apply, because vetting business borrowers is as much art as science.

BofA backlash, Facebook’s bad deal and selling a century-old bank: Top stories of the week

The Trump administration's stance on immigration is causing headaches for some banks, how a tiny black-owned bank is turning to fintech to turn itself around; why banks are rejecting Facebook's offer to share data and more from this week's most-read stories.

BankThink

Getting the Volcker Rule right may be a waste of time

Mayra Rodríguez Valladares
Managing Principal
MRV Associates

The trading ban is even less effective than feared at making the banking system safer.

Volcker Rule 5h ago
Banks should do more to prevent renters from being displaced

Kevin Stein
Deputy Director
California Reinvestment Coalition

Lending to problematic or serial evictors can cause people to be pushed out of their homes in the name of profits. Banks must adopt standards against this practice.

Affordable housing August 14
Wells Fargo was hit with more scandal. But does anyone care?

Victoria Finkle
Editor
American Banker

The bank continues to battle a series of negative headlines such as erroneous foreclosures, but public and investor reaction has been muted.

Penalties and fines August 13
Motivate employees by challenging them to solve unbanked problem

Andrew Waxman
Associate Partner
IBM Global Business Services

Helping the underserved, especially abroad, can help banks retain top workers and boost profits.

Underbanked August 13

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Research

Research Report Banks and Credit Bureaus: Where Things Stand

Most lenders are staying the credit bureau course in underwriting but some are mulling changes, particularly when it comes to marketing.

Credit scores June 1
Research Report Open APIs: Use Cases Grow, Tension Lingers

The widely held belief that application programming interfaces are the key to banking’s future rests on the many ways early adopters are experimenting with the technology. But security and privacy concerns are still leading many in the industry to hold back.

APIs May 30
Research Report Regulation and Policy: What to Watch for in 2018

Inside, a look at the state of policy play on a range of key industry issues that may impact 2018 midterm elections.

Regulatory actions and programs December 29, 2017
Research Report FinTech2018: AI, Blockchain, and the Cloud

Technology spending at banks is set to climb again in 2018 with budget growth at small banks exceeding that of large banks.

Fintech December 22, 2017