BankThink

Regulators rely for critical information on consulting firms that are paid by the very same banks that they are engaged to evaluate. This conflict of interest has repeatedly proven toxic.

In order for the financial services industry to achieve its full potential in the digital age, Silicon Valley must work together with banks and lawmakers to build technology that can modernize banking infrastructure while addressing regulatory and cybersecurity challenges.

B of A to Pledge $75B to Climate Change Lending; Citi, B of A Shares Lag

Payment system transformation has become a pressing need for banks today. The rate at which this is happening is largely controlled by the conflict between rapid technological shifts and the barriers to product acceptance.

A recap of the informed opinions (and the discussions they generated) on BankThink this week, including recommended reforms to the Consumer Financial Protection Bureau and Ripple Labs' efforts to work toward a decentralized payments protocol.

Just remember: it's nothing more than tech-enabled small talk after all.

Far too many commercial and corporate banks are missing out on a chance to improve profits by scrutinizing their pricing practices and performance.

Banks Questioned in FIFA Probe; B of A's Management Shuffle Examined

Financial institutions worldwide are exploring the possibilities for faster, cheaper, more transparent processing of global payments in near real time offered by distributed software solutions, including blockchains and distributed ledgers. Because this is a new field of study, these technologies are often misunderstood or mischaracterized.

Ruth Porat wows investors in her first earnings call as Google's CFO while Marianne Lake moves a step closer to running JPMorgan's future calls. Elsewhere, Lynn Tilton bids to move her fraud trial to federal court, Janet Yellen hints at support for raising the SIFI bar and Obama gets ready to nominate another woman for Fed governor.