BankThink

An employee's careless tweet or Facebook status update can pose big risks to financial firms, but social media is still a necessary tool for engaging with younger customers.

Banks will only be able to compete with nimble digital startups if they invest in a diverse portfolio of fintech initiatives and avoid foisting traditional, buttoned-down cultures onto fledgling partners.

Would More Skin in the Game Make Banks Safer?

Recent high profile acquisitions made by some of the payment industry’s key players, such as Heartland Payment Systems, First Data, and Vantiv, point to a recurring theme—traditional merchant businesses are making the shift into integrated technologies.

A recap of the informed opinions (and the discussions they generated) on BankThink this week, including the best way to instill ethical culture and what the U.S. can learn from foreign countries' efforts to reach the unbanked.

Not only should regulators investigate the timing of OneWest's charitable donations to supporters of its proposed merger with CIT Group, they should encourage both banks to adopt clear CRA benchmarks that would hold them accountable for future investments in local communities.

The CFPB wants to expand banks' data reporting requirements under the Home Mortgage Disclosure Act. But this would impose even greater costs upon local financial institutions that are already overburdened by regulation.

A new book by the American Enterprise Institute's Peter Wallison reveals how a government push to lower credit standards brought about the housing crisis — and why a new effort to expand homeownership could inadvertently set the stage for a fresh disaster.

BNY Mellon to Pay $714M to Settle Forex Case; B of A's Breakup Proposal

When people think about financial inclusion, their minds tend to go first to highly-publicized unbanked regions in Africa and parts of Asia. But many people in other parts of the world, including the U.S., lack access to traditional financial services.