BankThink

Issuers and other organizations accept a nominal level of money laundering. Machine learning and artificial intelligence can improve that.

At the heart of the push to roll back the Dodd-Frank Act are claims that the 2010 reform law is killing lending. But these assertions should be backed by data.

Upcoming changes to how banks report mortgage activity to the government will have an undeniable impact on Community Reinvestment Act exams, but regulators have been silent on how they will use the data.

The card company reported flat billed business following two down quarters despite loss of Costco co-branded business; bank regulator faults its examiners for ignoring Wells Fargo problems as far back as 2010.

Mobile apps still account for only about one percent of transactions. There are a few ways to increase adoption, such as targeting payment types that are already tough to make with cash.

Unlike other “suspicious activity report” categories, a new proposal to add a “cyberevent” category would require institutions to detect and report digital mischief whether directed at a customer’s account or the bank itself.

Prepaid card users have waited a long time for the basic protections that debit card customers take for granted. Congress should not throw them under the bus.

The bank's first-quarter results take some of the steam out of the Trump bank rally; Mastercard to put Masterpass on Facebook Messenger while PayPal reaches deal with Android Pay.

There are several steps necessary to contain, assess and report an incident that should precede further action.

The Financial Stability Oversight Council is masquerading as an analytical, objective body that more accurately reflects the Dodd-Frank Act's aim to expand the power of bureaucrats.