BankThink

While other banking laws may be headed to the chopping block, the Community Reinvestment Act can address the needs of communities defined by their economic struggles.

The focus of banks' sales practices should be less about unit-based incentives, and more about developing a full relationship with customers and doing what's in their best interest.

Receiving Wide Coverage ...Positioning: Gary Cohn's likely departure from Goldman Sachs to join the Trump administration as director of the National Economic Council "sets off a new round of C-suite jockeying at Goldman, where the decade-long tenure of Chief Executive Lloyd Blankfein has created a younger generation of executives eager to advance," the Wall Street Journal reports. Cohn's dual roles of president and chief operating officer are likely be split among two executives, possibly investment-banking co-chief David Solomon and CFO Harvey Schwartz.

Crooks are getting more clever when hacking e-commerce sites to hide illegal activity, requiring banks and processors to developer a broader picture of merchants and payment activity.

As regulators open the door to fintech firms applying for bank charters, what has already been a long journey to this point is only going to get more intense.

Even a credit union that has done absolutely everything right to ensure its ATMs are fully compliant with the Americans with Disabilities Act could be in for a most unpleasant surprise.

We know some credit unions won't much like our story presenting the bankers' arguments on FOM and MBL, but ignoring them would be unwise.

Despite gains for the legalization effort in the November election, the disconnect between federal and state law preserves uncertainty for banks catering to pot businesses.

Receiving Wide Coverage ...Heading out: Andrew J. Ceresney, director of the SEC's enforcement division, said he will resign at the end of the year after three years at the agency. His move follows that of his boss, SEC chairwoman, Mary Jo White, who last month announced her intention to leave.

Both major brands are accelerating a move away from traditional checkout, and all retailers need to make adjustments for the future.