BankThink

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Internal documents reveal that the crackdown is targeting banks, not merchants and processors, because it requires less investigation into the facts. That should anger all Americans who care about due process and the rule of law, writes ex-FDIC Chairman Bill Isaac.

Lawsky's BitLicense; UK Banking Inquiry; Morgan Stanley Stability

Trust-preferred creditors have forced two indebted bank holding companies into involuntary bankruptcy this summer. Secured lenders may soon follow their lead and start foreclosing on bank stock collateral.

A recent article by Thad Woodard proposed slashing the number of Federal Home Loan Banks in order to free up funds for community lending. But the Home Loan Banks' member institutions are already empowered to push for consolidation any time they choose, writes the FHLBanks' Steven F. Rosenbaum.

B of A, DOJ Battle on Settlement; Fed Pressured to Raise Rates

There have literally been dozens of tablet-based point of sale solutions introduced to the retail market and with reason. The demand for a better point of sale software solution has been increasing rapidly.

Startups that focus on person-to-person payments or peer-to-peer lending may well be the future heavyweights of the financial services industry. Banks must either band together to create viable alternatives or risk losing relevance.

Even activities permitted under the Volcker Rule may not be worth the legal and compliance costs for small and midsize banks, according to three attorneys at Bass, Berry & Sims.

Yellen Links Jobs, Rates; B of A to Improve Junior Staffer Conditions