Browsing: Banks

I’ve long said that the banks weren’t interested in mortgages anymore.Their distaste for home loans probably began post-2008 when several were forced to close their doors.…

Key insights: U.K. banks are considering a locally-based payment network, and Americans are big contributors to spending influxes in Italy for the Olympic games. What’s at stake:…

Doubling down on what has worked in the past — especially if it’s still working now — may inadvertently trap banks into business models ill-suited for…

Key insight: The Office of the Comptroller of the Currency’s proposed rule would let banks and trusts under its jurisdiction appeal supervisory findings with a “fresh…

Key insights: ACH Network volume is on the rise as checks decline. What’s at stake: The growth could reduce bank deposits and card payments. Forward look: Nacha has…

Key Insight: Federal Reserve Vice Chair for Supervision Michelle Bowman said the Fed is exploring ways to reduce banks’ regulatory costs associated with mortgage lending and…

Key insight: New Treasury protocols use high-performance data processing to review millions of past records for links to cartels and benefit fraud.What’s at stake: Banks in…

Key insight: It’s unclear how hard a downturn in the software sector would hit banks’ balance sheets, but for now, their relative dependability is buoying their…

So-called “Drainer-as-a-Service” platforms that allow low-skilled attackers to execute sophisticated cryptocurrency fraud schemes present a challenge to banks as crypto goes more mainstream, writes Karthik Narayanan,…

As tokenization increasingly brings instant settlement to transactions, the liquidity buffer that batch settlement has provided for decades is going to shrink and then disappear, writes…