CFPB’s New Director is No Fan of Banks
To appease the Progressive Left, the Biden administration continues to appoint regulators likely to make life difficult for banks.
Articles by Steve Cocheo
People Who Needed Covid Help Are Actually a Good Source for Loans
Cash-rich consumer lenders looking for additional borrowers may not have to look as far afield as they think.
The Impact Soaring Inflation (Short Term or Long) Could Have on Banking
With inflation surging for foreseeable futures, the banking industry faces potential shocks to loan demand and increased rate risk.
Payments Innovation Explodes, Sparked by Pandemic Disruption
Customers increasingly seek a frictionless experience. This growing demand has sparked the launch of one-stop financial ‘super apps’.
Major Card-Issuing Bank Takes on Fintechs with Its Own BNPL Plan
Facing intense competitive pressure, more and more financial institutions are jumping onto the BNPL bandwagon before it's too late.
Startup Bank Goes All-In Gambling on a Niche Market
Seeking long-term large deposit relationships Lexicon Bank balances compliance duties with marketing itself as a home for poker professionals.
Customers Bank Pursues High-Tech, Branch-Light National Strategy
Next-generation management puts more chips on digital for all customers, but sees a critical role for humans on the business-banking side.
End of the Road for Monzo Charter Isn’t End of the Road for U.S. Unit
Despite a failed bid for a traditional charter, Monzo has grand plans to put a mobile app and ultra-slick payments card into Americans' hands.
Do People Want to Visit Branches? Not When Digital Channels Work
Why debate the viability of branches when the whole point is convenience? New data verifies that channels are not what consumers care about.
Will Regulators ‘De-Bank’ Neos, Cryptos & Fintechs?
Signs point to stricter rules for how nonbanks can use banking terms in their apps and marketing, complicating banking-as-a-service deals.
Biden’s New Regulatory Pick Would Rip Entire U.S. Banking System Apart
President's nominee for Comptroller of the Currency comes with a stack of opinions on the future of financial services, some quite startling.
How Banks and Credit Unions Are Rethinking Marketing for 2022
Shifts in where people seek financial information are driving some changes, coming on top of attitudes and practices changed by the pandemic.
Credit-Hungry Americans Like BNPL, Cards (and Whatever’s Next)
Banks must balance pressure to grow consumer credit with the need to monitor payment performance as buy now, pay later trend boosts debt.
Bank Regulator Sees Cryptocurrency Innovation Creating ‘Fool’s Gold’
Acting Comptroller draws parallels between booming blockchain-based currency businesses and innovations that ushered in the Great Recession.
4 Tech-Driven Forces That Could Bulldoze Banks Off the Map
Moody's report forecasts cloudy days ahead for traditional financial institutions, with potential economic storms in the offing.
How PenFed Generates Real ROI With Social Media
Splitting social outreach from marketing was step one. The second was hiring media professionals who know how to tell a story — every day.
One Fintech’s Plans Reveal How BNPL Could Spread Further Into Banking
An inside look at what makes 'buy now, pay later' so hot, from revenue streams to funding – from the perspective of market leader Sezzle.
Are Cryptocurrencies Coming to Everybody’s Checking Accounts?
With interest in holding crypto rising fast among Americans, there's an opportunity to establish an early presence.
What’s Next in the ‘BankMobile’ Story Since Its SPAC Spinoff
Now on its own without a charter, BM Technologies looks to enhance existing partnerships and add new ones, including BaaS for banks.
Walgreens Wades into Consumer Banking Melee with ‘Scarlet’ Account
9,000 pharmacies across the U.S. just became 'bank branches.' Should traditional institutions — and fintechs — be worried?
5 Cryptocurrency Issues Banks & Credit Unions Must Tackle Now
The definition of 'money' and 'investments' keeps expanding. Traditional institutions can't risk falling behind what consumers home in on.
Bank Regulators Set Risk Guidance for Fintech Partnerships
The framework aims to ensure community banks make good choices, so it takes everything into account, including funding, management depth, business recovery strength and more.