BankThink

The mortgage interest tax deduction is supposed to encourage homeownership among low- and middle-income Americans. But it primarily benefits higher-income taxpayers, according to a new study from the Mercatus Center at George Mason University.

Judge Fines B of A in 'Hustle' Case; Fed Sees Good Signs

Hilton's updated mobile app, which lets guests use their phones as room keys, has almost nothing to do with payments. But it may be the catalyst the payments industry has long needed to get consumers to warm to mobile wallets.

Bank owners can make more objective decisions about whether it's the right time to sell by comparing the value of holding onto the bank to its private market price and instating an external review process, writes consultant J.V. Rizzi.

Community banks are disappearing and big banks' global power is on the wane. Regulators should take steps to reverse these trends so that all Americans have access to the financial services they need, according to the American Bankers Association's Wayne Abernathy.

DOJ Extends Barclays Probe; Lawsky Wants Internal Monitors

With the increased proliferation and reliance on public cloud solutions, combined with the recent high-profile data breaches that have occurred in the past few months, cybersecurity should be a top concern for both issuers and retailers who handle sensitive financial data.

Payments startups may be fast and smart, but banks have compliance know-how, an established customer base and physical branches that will help them hook customers on new products.

Like the Internet of the 1980s, today's payment systems are a mishmash of disparate, closed networks that cannot communicate with one another effectively. Distributed ledger technologies can solve this problem.

UBS, Deutsche Bank Fall in the Dark Pool; Zillow and Trulia Merge