BankThink

Banks' Stake in Budget Bill; Capital Surcharges' Ripple Effect

One phenomenon we are currently seeing in emerging markets is a leapfrog to mobile payments.

Bank directors and officers who agree to settle claims brought by the Federal Deposit Insurance Corp. in its capacity as receiver may find themselves next confronting a lifetime ban from the industry.

For too long, both companies and regulators have bought into a narrative that makes the financial industry dependent on the government for rescues and direction. It’s time to pen a new plot.

Deutsche Bank Sued for Tax Fraud; 3% Downpayments Make Comeback

New York’s Department of Financial Services (NY DFS) has recently issued guidance on its BitLicense proposal, which would create a transitional license for Bitcoin.

Many people in Brazil don't have bank accounts-but they do have smartphones. These qualities, in combination with favorable regulations, make the country likely to adopt mobile payments in a big way.

Appointing a chief ethics officer can help banks maintain their integrity and foster public trust. Banks should also develop decision processes that explicitly address the question of whether they should do something, as opposed to whether they can.

Banks Don't Want Big Corporate Deposits; New York DFS's Secret Weapon

Following the disclosure by a name brand retailer that their point-of-sale (POS) system had been breached, shoppers outside one of the retailer’s brick and mortar locations unanimously told a television reporter that cash was the safest way to pay in-person.