BankThink

B of A's Cost-Cutting May Go Deeper; Wealth Management Weakness

Subscription billing is now mainstream. Savvy consumers are happily paying small monthly subscription fees for their favorite products rather than forking over a big up-front payment.

International events like the Davos economic forum should remind business leaders of the importance of being stewards and of having workforce diversity.

Labor-intensive cross-marketing programs, which were beyond the scope of small marketing departments, are suddenly feasible thanks to automation.

Developers Debate Future of Bitcoin; Merrill Broker Exodus?

This past decade brought us the iPhone, the maturation of the Internet of Things and the ability to pay with a dip, a tap, a text and a blink. We saw social platforms launch, unify the globe and then surpass 1.5 billion users, more than the population of the biggest country on earth.

Drafting internal honor codes, and having employees pledge to follow them, could be a good first step to reversing negative opinions about banking.

Goldman to Pay $5B Fine; Basel Committee Eases Trading Rules

As a recent college graduate, I could have been more engaged with my longer-term financial health had I had today's fintech tools at my disposal.

Sometimes a big crash throttles the peloton and gives a few riders a chance to breakaway. In 2016, that is what we will see in the world of mobile payments. As EMV and Loyalty 1.0 eat the pavement, they will enable mobile payments, Loyalty 2.0 and new Uber-style apps to separate from the pack.