PayThink

AI and machine learning are the future of banking and financial services. Regulators and policymakers need to keep the pace.

The Home Loan banks are failing to serve huge numbers of Americans because of their reliance on outdated credit scoring models.

Synthetic fraud — which combines real and false identifying information — has been a niche variety of identity theft for some time. But recent advancements in artificial intelligence and people's access to it might bring it into the mainstream in a big way.

Banks know what they're looking for. Here are key ways to show them that you can bring it to the table.

California's bid to regulate EWA programs as though they are loans would harm workers, companies and the state's economy.

With LIBOR's long-awaited sunset, the future of interest rate benchmarking must be defined by choice.

Banks are simultaneously looking to shed their obligations under laws like the Community Reinvestment Act and begging the government for more support in the form of higher deposit insurance limits.

People love the convenience of nonbanks' financial apps. Regulators could make it much safer for them to share their data with third parties.

Wise bank managers make sure that they are training employees for their next roles, and creating a deep bench of versatile talent.

The Federal Reserve gave itself the power to raise capital requirements when risks are elevated to ensure banks can lend through the business cycle. But the rule hasn't been used, and it isn't clear it could ever work in practice.