BankThink

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.

The gender equality police — namely, the activists Arjuna, Pax, and Trillium, which targeted Silicon Valley earlier this year — is making moves on Wall Street now, starting with Citigroup, Bank of America and Goldman Sachs. Fed governor Lael Brainard encourages fintechs to tackle financial access and Cleveland Fed president Loretta Mester talks about the industry's past and future. Citi FinTech's Carey Kolaja celebrates its first product launch. Plus, people moves at Santander Consumer, Deutsche Bank and Bank of New York Mellon.

The bank must make fundamental changes to avoid becoming the ultimate scapegoat for grievances about Wall Street's biggest banks.

U.S. banks are smart to take their time in embracing a model that cedes space to nonbank competitors and could put consumers more at risk for identity theft.

Receiving Wide Coverage ...Big brother: Credit Karma and Mint are ready to offer automated tax preparation services as part of new features "that will make them feel more like robotic financial advisers, tapping customers on the shoulder when they could make better financial decisions," as the New York Times puts it. Credit Karma said Wednesday it acquired AFJC Corp., an online tax preparation and filing company, and would begin offering its services, called Credit Karma Tax, in time for the 2017 filing season, the Wall Street Journal reported.

Legacy systems will be pressured in the year ahead to keep ahead of e-commerce, international regulations and other emerging risks.