BankThink

According to recent data, only 21% of retail executives are more confident now than a year ago about their company’s ability to deliver omnichannel services, while 45% said their efforts are not advancing fast enough.

David Weiss, senior analyst at Aite Group, weighs in on the IBM/Promontory deal and how humans and artificial intelligence programs will interact in the field of bank regulatory compliance.

The new prepaid rules make it harder for bad actors to enter the industry while also being broad enough to apply to future digital products.

It's not just millennials who love mobile banking, it's also members who have to move around a lot for their jobs, live or work in a rural area and those who are constantly living on the go.

Just like climate change, it is impossible to deny the gender bias in banking. Instead of sweeping bias under the rug, seek out the inequalities and unfair practices and fix them.

Receiving Wide Coverage ...Wells names senior team: Wells Fargo announced several management appointments Monday even as it continues to try to manage the fallout from its phony accounts scandal. Avid Modjtabai, who previously led consumer lending at the bank, has been named head of a new payments, digital and innovation group. Franklin Codel was named to replace her as head of consumer lending. The two managers were named by President and COO Timothy J. Sloan, who is expected to replace embattled CEC John Stumpf in the next two years. So far, Sloan has managed to avoid being tainted by the scandal. The bank also named several people to its operating committee. The moves are seen as consolidating Sloan's position as CEO in waiting. Wall Street Journal, Financial Times, New York Times, American Banker

In an age in which organizations such as Swift are subject to attack, traditional perimeter security defenses are no longer enough to stop attackers from getting into the system and stealing valuable information.

The Consumer Financial Protection Bureau’s new regulation governing prepaid cards will disrupt consumer practices, drive up costs and wreak havoc on a fast-growing sector within the payments industry.

Current proposals about what to do with Fannie Mae and Freddie Mac that still focus on a government-backed solution are misdirected.

Editor's note: Morning Scan will not publish on Monday, Oct. 10 in observance of Columbus Day. We'll be back on Tuesday, Oct. 11.