BankThink

Michael Terpin explains how hackers stole $24 million worth of cryptocurrency from his mobile phone and why he’s suing AT&T for $224 million; Luke Lombe of PlayChip describes his new ICO.

A recent editing snafu illustrates an important lesson for credit unions using AI and machine learning.

The service can be useful for customers short on cash, but financial institutions need to clarify overdraft rules and develop alternative forms of credit.

Unilateral approaches to bank regulation are risky, but the OCC's plan to seek public comment independent of the other agencies could help shed light on a CRA debate that is now being waged internally.

Legislation allowing regular bill payments to count toward credit history would solve more problems than some critics fear it would create.

To compete with fintech startups, banks need to find more ways to use the mountains of data already at their disposal.

Small and midsize banks are most at risk as commercial loan volume fails to ignite; the cutbacks are partly the result of lower origination volume.

Selling outside of app stores forces users to deactivate a crucial safeguard which would otherwise prevent the download of potentially malicious apps onto their mobile device, contends Samuel Bakken, senior product marketing manager for OneSpan.

Now is the time for credit unions to recognize the potential for marketing automation and the profound impact it could have on their business.

An OCC charter for fintechs requires firms to meet a “financial inclusion” standard instead of conventional Community Reinvestment Act requirements. That’s a problem.