BankThink

We need to rethink how we acquire and manage consumer data, and any business using enterprise software needs to be accountable for how information is being processed, transported or shared, writes Chris Wong, CEO of LifeSite.

A broader cross-section of hires and added training could help financial institutions avoid problems with algorithm-based discrimination in lending.

The S&P 500’s financials sector drops more than 3%; former Amex chief’s venture capital firm is backing a credit scoring company.

It's vital to be in touch with consumer shopping and payment tastes for individual retail categories and consumer groups. That may or may not include removing cash and human interaction, according to Andrew Wind, principal product manager at Worldpay.

Industry consolidation can help boost bank profitability in the short run, but it’s no panacea for the industry’s bigger problems.

New European Union privacy rules could serve as a guide for U.S. banks.

Latest: how a possible trade war might impact fintechs; how U.S. exchanges have adapted to blockchain tech.

An OCC initiative to get more banks to make short-term loans that rival those of payday lenders isn't enough of an enticement.

A new round of consolidation may be about to begin, starting in Europe; looser corporate underwriting standards and lower rates draw OCC attention.

Mobile technology can infer a user’s identity and make device-based decisions on the validity of a transaction, writes Kayne McGladrey, an IEEE member and director of information security services for Integral Partners.