BankThink
The industry and its regulators need to acknowledge the danger presented by ultrarealistic deepfake technology and implement new layers of transaction authentication.
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The last time someone decided to gut a major financial services regulatory agency, we got the Great Recession. DOGE cuts to the Consumer Financial Protection Bureau could trigger similar pain.
May 7
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Tokenization is a natural fit for the private credit market, and could help create new investment opportunities. But regulators must create clear rules of the road.
May 6
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For fintech to achieve its true potential of democratizing financial access for all, we need diverse viewpoints among fintech founders, board members and advisors.
May 5
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With vast amounts of capital locked in privately held companies, both employees of those companies and average investors would benefit from a loosening of the rules restricting private investment.
May 2
The three largest deals raised an average of more than $136 million.
Vectra Bank Colorado President Bruce Alexander is retiring after 25 years with the bank; Unilever Federal Credit Union in New Jersey was shut down by NCUA; Vista Bank hired Bob Mahalik in preparation for Texas bank M&A; and more in this week's banking news roundup.
The top five banks saw an average rise in their assets of almost 31% between 2023 and 2024.
BankThink is American Banker's platform for informed opinion about the ideas, trends and events reshaping financial services. View our