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BankThink on credit card industry's exemption from disclosing branch deposit data

Branch office deposit data is among the most confidential information at a bank, especially those with many branches. Why have regulators made this sensitive competitive data public for banks and thrifts annually for over 50 years but not for credit unions?

2h ago
Addressing liquidity could be the key to long-term deposit growth and changing consumer expectations.
Gain insight into rising losses due to fraud attacks and scams, identity verification challenges, risk-mitigation smart practices and much more.
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What lies ahead for the banking industry this year? Here's what analysts and investors are tracking after the latest bank earnings reports.

7h ago
Rep. Andy Barr, R-Ky.

Rep. Andy Barr, R-Ky., is asking the Federal Deposit Insurance Corp. to withdraw a corporate governance guidance proposal as FDIC chair Martin Gruenberg is set to testify in Congress later this week.

7h ago
Latest trends and resources: Expand Access to credit for economic recovery and beyond
This infographic from Equifax unearths the new trends in digital fraud, and shows how businesses can help prevent online fraud schemes without impacting their customers' experience.
By assigning identity trust in real-time, at every digital touchpoint, organizations can verify the identity behind online transactions, account creations and logins, in split seconds. Read more.

As the need for easy-yet-secure mobile banking authentication escalates and consumers become used to logging in by looking into a camera, banks are taking the technology more seriously.

September 13

Banks talk a good game about thwarting fraud and protecting consumers and businesses, but the experiences of this author, a former bank regulator, illustrate how the quality of such efforts varies dramatically from one bank to the next.

August 25

The company angered hundreds of customers when its software flagged their accounts as suspicious and suddenly cut them off, according to a ProPublica report. The episode illustrates the challenge shared by fintechs and banks of rooting out scammers without being overzealous.

July 7

Europe has encouraged adoption with rules that put consumers in control of the way their data is shared among banks, fintechs and third-party vendors. Whether the U.S. can make similar progress without its own rules is unclear.

June 30
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