BankThink

After several setbacks and delays, the Uniform Collateral Data Portal is up and running.

A new study from the University of Virginia Darden School of Business and its Tayloe Murphy Center shows that by better serving underbanked consumers, banks and credit unions can effectively raise property values.

Taylor West saw that the Martian-sounding word "interchange" went over the heads of small business owners who could be rallied to a cause. If only bankers grasped the power of language so well.

A security vendor recently had to issue a correction to its own sales pitch after it falsely insisted it was "certified" with a payments industry security standard, StorefrontBacktalk reported June 23.

The man behind an attack on AT&T Inc. that exposed personal information for users of Apple Inc.'s iPad pleaded guilty last week in federal court in Newark, N.J., The Washington Post reported June 23.

"Hacktivists" who disagree with MasterCard Inc.'s policies claimed to have taken its website down Tuesday morning.

Lulz Security, the hacker group that has claimed credit for attacks on Sony Corp., Nintendo Co. Ltd. and other companies and law enforcement agencies, said it's had enough.

Sony Corp. may have left itself open to its massive data breach by laying off its security staff just before the attack, a class action alleges.

A former Citigroup Inc. accountant was charged this week with embezzling over $19 million from the New York banking company.

Next week, Sheila Bair will step down as chairman of the Federal Deposit Insurance Corporation. She was a tireless player in the government's efforts to stabilize the banking industry, ensuring stability measures were made available to institutions of all sizes. In her final year in office, she has worked to ensure meaningful implementation of the provisions of the Dodd-Frank Act to provide a more stable and prosperous financial system, with a constant eye on the impact the regulation will have on the future of community banking.