BankThink

Cash is expensive, overseas cards may be illegal and cryptocurrency is unreliable, argues David Ehrlich, COO and co-founder of Zodaka, who says e-wallets are an answer.

Credit unions can't truly act as a consumer's financial partner without embracing all the data at their fingertips.

Cryptocurrencies will come and go but blockchain will flourish, because it has game-changing use cases that will fundamentally improve the way financial transactions get done, according to Vinay Pai, senior vice president of engineering at Bill.com.

PR campaigns won’t be enough to salvage the bank’s reputation after a series of scandals. Instead, it should look into adopting a new name, among other crucial steps.

Clayton is the latest to raise concerns about bank loans to highly indebted companies; Wells Fargo’s performance took a hit with its reputation.

Jill Castilla, CEO of Citizens Bank of Edmond, has taken steps to help her bank stand out from the crowd.

Regulation is effectively priming the virtual currencies ecosystem for banks to engage by increasing transparency, reducing some of the associated risk, and lowering the barriers to entry. All of this will make it easier for banks to establish a role and to design new payment products, writes Elina Mattila, executive director at Mobey Forum.

Community banks are open to working with innovative financial startups, but regulators must ensure they face the same oversight standards as traditional banks.

A senior official recently criticized how some groups responded to the OCC’s initial steps to reform the Community Reinvestment Act. It’s a worrying sign that the agency will ignore concerns raised by advocates.

A banking lobbyist recently quoted in Credit Union Journal is painting an inaccurate picture of the industry and its tax exemption.