BankThink

An improved state-level system could be a tremendous advantage. Working closely with a cooperative regulator, innovators large and small can rapidly test a concept within state lines.

Citizens Financial workers say they made up meetings with bank customers to meet sales pressures; car financing subsidiary settles with two states for $26 million for making bad loans.

Business still use lots of checks for payments. That may have worked in the past, but it likely won't work in an increasingly digital future.

Technology innovation and the level of consumer understanding about fintech options are critical missing pieces of Community Reinvestment Act policy.

The OCC’s draft fintech charter requirements are far from perfect. States can seize this chance and collectively create a better regulatory environment for fintechs.

Digital currency proponents now pin their hopes on a bitcoin futures contract; bank reaches $110 million settlement with customers over phony accounts but gets "needs to improve" CRA rating.

Machine learning, Siri and Alexa are taking off quickly, particularly among younger consumers. Banks and payment companies need to get in the game now.

Richard Hunt of the Consumer Bankers Association on reg reform, the chances for a Durbin rollback and more.

Suspending Fannie Mae and Freddie Mac's regular dividend payments to the Treasury, thus enabling the companies to replenish their reserve capital, would put their future on better footing.

The Office of the Comptroller of the Currency is trying to do its part to address fintech regulation, but the OCC lacks the mandate to solve the broader fintech issues facing the entire financial ecosystem.