BankThink

UBS Fined for Rate-Rigging; Top Threats to Financial System

In the payments industry, it can often seem like there is a new innovation every hour of every day.

Although more than half of younger shoppers are already willing to use wearables to make in-store payments, we are still firmly in the age of the smartphone.

It's a good idea to raise the asset threshold at which financial institutions are automatically designated as systemically important financial institutions. But Sen. Richard Shelby's proposed legislation for regulatory relief does require one crucial change.

What Shelby's Bill Means for QM; Wall Street Same as It Ever Was?

In the payments industry, the common practice is to equate mobile merchants with micro merchants, and to put them on a back burner for things like EMV upgrades.

All banks truly believe they provide spectacular, top-notch service. But the vast majority hover close to mediocre and lack the metrics to identify areas for improvement.

JPMorgan Chase CEO Jamie Dimon defended his institution by arguing that size isn't necessarily an indicator of risk. But the truth is that the larger an organization gets, the more complex it becomes-and the more difficult it is for leaders to keep everything from customer service to fraud prevention working the way it should.

Big Banks Step Up Small-Business Loans; Why 'Say on Pay' Fizzles

Apple Watch is and will continue to be a big hit for their loyal consumers, both in terms of sales and acclaim. But for payments, it's not what consumers are looking for now.