BankThink

Citi Consumer Chief Plans to Leave As New Banamex Scandal Breaks

The financial industry is making payments better, more efficient, simpler—and faster.

Real-time payments would undoubtedly benefit some consumers and companies, but same-day payments can address many current needs. To that end, Nacha is working on a phased-in approach to implementing multiple same-day settlement windows.

A risk-based approach to anti-money-laundering rules would allow regulators to be sure mobile transactions are being screened for suspicious activity without hindering the technology's potential to do social good.

Before regulators require the country's largest banks to take on more burdensome regulations, they need to reconsider the parameters used to assess the threat of systemic risk.

JPM Earnings Leak; Regulation Guru Wins Nobel

Friendly fraud may sound like less of a threat to business than other more large-scale, aggressive attacks, but this sleeper predator costs retailers nearly $12 billion per year, leaving unprotected merchants completely empty-handed and liable for fraud that wasn’t really fraud in the first place.

Defining your bank's limits on earnings and minimum capital requirements can help safeguard against the reckless pursuit of return on equity.

The cost to originate is at an all-time high, forcing many credit unions to re-think their lending operations.

In order to make homeownership more affordable, the FHFA should make sure that GSE guarantee fees fully recognize private mortgage insurance and restore the longstanding tax-deductible treatment of mortgage insurance premiums.