BankThink

Dimon Rattles Regulators' Cages; Prosper's Fresh Funding Round

With the card issuer mandate for EMV-ready merchants around the corner, are you prepared?

It's ironic that banks want to streamline the regulatory structure when their own structures are hardly paradigms of simplicity. Rather than weaken rules or consolidate agencies, we should focus on improving the quality of oversight — and on reducing banks' complexity.

Any banker considering filing an appeal against examination findings will first weigh the drawbacks of irking regulators. This explains the surprisingly small number of appeals that regulators have received in the last few years.

Against 'Audit the Fed'; Ex-Bankers Learn to Love the Startup Life

Come October, all payment card issuers, merchants and acquirers will have to make the switch to the EMV standards. Any party that doesn’t go through with the upgrade by the deadline will likely experience an increase in fraudulent payment card liability.

Banks are increasingly focusing on smartphones and tablets as the primary platforms with which to engage customers. But do they really understand how Americans use mobile devices?

Former NCUA Chairman Michael Fryzel says despite changes ongoing within the credit union movement, most credit unions remain true to the original mission of "not for profit, not for charity but for service."

Congress should take the interests of small and midsize mortgage lenders into account as it weighs regulatory reform for community banks. Exempting smaller lenders from random CFPB audits would be a good start.

Turmoil at Bitcoin Foundation; Bank Service on Wheels