BankThink

For the benefit of consumers who rely on nonprime credit and the lenders that provide it, Consumer Financial Protection Bureau rules offering clarity and consumer protections can't come soon enough.

Fed Minutes Primer; How Will Sanders Slash Banks?

Rather than increased emphasis on the card, or even the way we pay, more needs to be done to secure the terminal through which the transaction is processed.

The United Kingdom's potential departure from the European Union has implications not just for British banks but for large interconnected financial institutions based here as well.

U.S. Bank's steep price for instant payments risks limiting the feature's appeal. Rather than overcharging, banks need to think longer-term about how to drive payments volume.

B of A's Stress Test Team; Hedge Funds Sue Puerto Rico GDB

Instant electronic payments are a sine qua non of modern life. Real-time card-authorization systems were implemented in the mid-seventies and, in an era of mobile ubiquity, enable commerce anywhere, anytime. In contrast, payments between bank accounts generally aren't instant.

Recent devaluations of startups and other signs of trouble do not mean the end of fintech upheaval but rather the start of acquisitions and other repositioning to advance stability.

When negativity threatens to stall progress, some surprisingly simple “little tricks” can help resolve conflict and get employees more engaged, says Michelle Stacy, who spoke at a recent Pennsylvania Bankers Association conference.

Pew Charitable Trusts argues that the Consumer Financial Protection Bureau needs to impose new rules on checking account overdraft policies. Does an analysis of CFPB's complaint database support this conclusion? Haberfeld's Achim Griesel says no.