BankThink

The technology can help to speed processing, and the number of banks investing in the technology is expanding rapidly.

The risk, complexity and psychological biases related to financial products make them ill-suited for push-based selling tactics. Instead, banks should use their digital channels to help customers decide what they want.

Focusing on the rise of auto financing delinquencies ignores the bigger picture: Loan volume has grown on all risk tiers and defaults are a natural part of the process.

Stocks of big banks have now largely recovered from their financial crisis lows; the big Japanese tech and telecom company plans to buy the $70 billion asset manager.

By using biometrics, merchants can tie user identity to the actual consumer, a better option than EMV chip cards.

Rather than roll back provisions of the Dodd-Frank Act that have strengthened financial stability, policymakers should focus regulatory reform on tailoring rules for community banks.

Trust and transparency can be strengthened and like-minded borrowers and banks can be brought together if transactions are “tagged” and investments are explained, argues Bruce Cahan, adjunct professor at Stanford University.

Rather than just avoiding costly rules, cost-benefit analyses can also validate worthy ones. That is the case with proposals to toughen the leverage ratio.

The Senate voted 53-47 to approve Steven Mnuchin as Treasury secretary; customers will soon be able to access cash at ATMs using their cellphones

The attack goes after the social network customer service channels for issuers and other financial services, and is hard for consumers to spot.