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Millennials came of age in the wake of the Great Recession and have developed a hardened skepticism about banks. For banks to attract them as employees, it's going take more than a promise of work-life balance.
August 29
Reputation Institute -
Successful platform businesses in the 'Uber/Airbnb' age aren't just about matchmaking. There are also value added services that enrich the experience, and keep customers coming back.
August 28
WePay -
The endorsement of Glass-Steagall in the recent party convention platforms reaffirmed the powerful hold that the principle of separating commercial and investment banking has on the public imagination.
August 26
Americans for Financial Reform -
In the world of mobile payments, tokenization has gained notoriety as the underlying technology enabling banks to secure mobile NFC payments using host card emulation (HCE).
August 25
Nets -
Technology can be an excellent tool for solving problems, like the confidence gap in salary negotiations, which one startup is addressing. Research shows bots can fully oust millions of full-time workers from their jobs and Christine Duhaime says women in banking will lose if they don't step up to the opportunity. Also, Maureen Sherry, former Goldman banker Shauna Mei and Sam Polk talk about life after Wall Street.
August 25
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As the Consumer Financial Protection Bureau prepares to finalize its rule on prepaid cards, the agency must clarify that automated overdraft products a common reason consumers dump their banks are not allowed on prepaid accounts.
August 25
The Pew Charitable Trusts -
American banks are emerging from one of the most challenging decades for any industry in history, and one area that is showing a potential way forward is payments.
August 25
Viewpost -
Strengthening the trade association will engage a higher number of members in the voting process and reinforces the democratic principles that drive cooperatives.
August 24
Caltech Employees Federal Credit Union -
Discussions around reinstating the Depression-era law are headline-grabbing, but Glass-Steagall has no merit in our current financial environment.
August 24
ConnectOne Bank -
Screen scraping is an out-of-date way to share transaction data with mobile apps and services. It's high time for banks to invest in OAuth, a protocol that lets customers access their financial data in a portal of their choosing and is secure.
August 24
Wallaby Financial