BankThink

Notwithstanding recent media criticism, there is little doubt that these products offer a better alternative for unbanked and underbanked consumers who would otherwise use a cash-based system to manage their finances.

Sen. Mike Crapo, the top Republican on the Senate Banking Committee, asked the Government Accountability Office to shadow the Financial Stability Oversight Council's process for designating systemically important institutions.

Breaking News This Morning ...Goldman Earnings: Goldman Sachs doubled its profit in the second quarter, thanks, in part, to strong trading revenue. Wall Street Journal, New York Times

Branch numbers will grow again while the industry’s total branch square footage goes down. More customers will choose their banks based on the availability of a branch they won’t use all that much.

A bipartisan commission, in lieu of a director, would encourage internal deliberation and constrain the CFPB’s ability to make politically motivated or ill-informed decisions.

The Senate Banking Committee's Republican chief counsel and deputy staff director, Andrew Olmem, joined the law firm Venable as a partner.

Businesses that provide payments services to companies that collect or use consumer data should closely watch the FTC’s recent lawsuits against two processors and fully assess the legal risks that might be associated with their business relationships.

Future banking will feel more like a medical relationship, serving customers with the intimacy and attention of the family doctor. This will require a Hippocratic-oath level of trust.

What products and services will tomorrow's banks offer that truly add value and that customers will be willing, even happy, to pay for? We asked contributors to think big and broad.

Legos have been part of presentations on the company itself (how it rebuilt its blocks into something new and better), and have also been a common metaphor used by numerous speakers for how organizational leaders are comprised of adults who have lost their inner Lego-builder and-as a result-the ability to be creative and innovative.