BankThink

Consumers, who often understand little to anything about the fees retailers pay to accept cards, will not care about the details of the fight and will place their displeasure solely on the shoulders of any large retailer that elects this strategy, writes Myron Schwarcz, executive vice president of Strategic Resource Management.

With back-to-school season in full swing, credit unions are taking another look at private student loans. Learn about the different ways to get into this business.

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

In blockchain, a dispersed network of stakeholders takes over the previous owners of such services. These providers and users not only own but maintain the services that are powered by the blockchain. They also get to share the profits that are produced by the services, contends Donika Kraeva, communications manager at Dentacoin.

Mark D’Arcy was in charge of regulatory reviews and annual stress tests; many see 10-plus point gains following removal of non-loan collections reports.

Proximity to the client is crucial. Only by understanding your client’s perspective on AI can you deliver a project that is truly worthwhile, writes Naomi Bowman, managing director at Berkeley Research Group.

The agency’s move to offer a national charter for fintech firms will undermine state authority and give certain firms an unfair advantage.

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.

Anand Selva, a longtime Asia hand, will head up U.S. consumer banking; several startups are backed by traditional card issuer veterans, such as former Citi CEO Vikram Pandit.

Concern over Exobot is spreading beyond banking and across other sectors where customers regularly transact online, from e-commerce and retail to health care, writes Don Duncan, security engineer for NuData Security.