BankThink

Regulated by multiple agencies, marketplace lenders reduce the financial system's leverage, provide greater financial transparency and ultimately deliver a better product to consumers and investors.

The Financial Stability Oversight Council has a mandate to designate nonbank financial companies as systemically important based on criteria established by Congress. Its designation decisions should not be predetermined by the actions of global regulators.

In this post-apocalyptic world of apps and bots, community banks lay in ruin, fintechs come and go, and megabanks dot the vast desert wasteland.

Promontory Settles; BB&T Snaps Up Another Bank

When 650-store discount chain Fred's announced a data breach this month, it made an unwarranted leap of logic, one that has become all-too-common among breached retailers. That leap was deciding that an absence of evidence was proof that something didn’t happen.

FIS and merger partner SunGard, along with all other vendors in the space, have not been able to come to market with innovative core systems or software platforms that adequately address the new digital paradigm banks face.

Critics of the Consumer Financial Protection Bureau's data collection haven't bothered to learn the basic facts about the data the regulator collects before veering off into black helicopter paranoia.

Dallas Fed's New Head; Greenspan vs. Dodd-Frank

The United States is one the last developed countries to migrate to an EMV-based payments infrastructure, with a card network-imposed liability shift going into effect on October 1.

The SEC's new rule requiring companies to disclose the relationship between CEO pay and that of the median employee may be a headache for big banks. But smaller financial institutions should have an easier time calculating the pay ratios, and the numbers are unlikely to attract much scrutiny.