@BankThink

BankThink is American Banker's (@amerbanker) destination for commentary and informed opinion on critical topics in financial services.

 New York, N.Y.
americanbanker.com/bankthink/
Joined May 2009
  • Tweets12.6K
  • Following258
  • Followers18.2K
43Media
In @AmerBanker @BankThink, @NoelleinMadrid outlines how offering stablecoin custody could put U.S. banks on the road to developing “super-apps” on the scale of China’s Alipay and WeChat. americanbanker.com/opinion/s…

Stablecoin custody could be the first step toward banking 'super-apps'

Noelle Acheson points out that, while banks are unlikely to issue stablecoins, the related businesses they are likely to end up offering could set the stage for a transformation of their relationship...

americanbanker.com
1
5
924
In a Letter to the Editor, @JimNussle , President & CEO of America's Credit Unions, highlights how credit unions make every dollar of CDFI funding count. americanbanker.com/credituni… #CreditUnionDifference #CDFIFund #Economics

Credit unions deliver big returns for communities through CDFIs

The leader of a major credit union trade group takes issue with a recent BankThink article questioning credit unions' ability to operate as federally recognized Community Development Financial...

americanbanker.com
1
2
397
americanbanker.com/opinion/c…

Federal credit unions are cashing in on a double tax exemption

Congress should hold hearings to investigate whether credit unions really qualify to operate as tax-advantaged Community Development Financial Institutions.

americanbanker.com
2
255
Whether they plan on it or not, most managers will at some point find themselves in a bubble that bad news fails to penetrate. The best leaders are the ones actively trying to burst it, writes Dave Martin, of @BankMechanics, in @AmerBanker @BankThink. americanbanker.com/opinion/b…

There's a bubble that all effective managers make an effort to pop

Whether they plan on it or not, most managers will at some point find themselves in a bubble that bad news fails to penetrate. The best leaders are the ones actively trying to burst it.

americanbanker.com
2
251
Banks should take a page from the health sciences' playbook and use artificial intelligence to “nudge” consumers away from transactions that have the characteristics of known fraud schemes, writes Michal Tresner, of ThreatMark, in @AmerBanker @BankThink. americanbanker.com/opinion/a…

Banks should enlist AI to help customers recognize fraud in real time

Banks should take a page from the health sciences' playbook and use artificial intelligence to "nudge" consumers away from transactions that have the characteristics of known fraud schemes.

americanbanker.com
1
261
americanbanker.com/opinion/c… Congress should hold hearings to investigate whether credit unions really qualify to operate as tax-advantaged Community Development Financial Institutions, writes @RyanLEllis, of @CFEconomy, in @AmerBanker @BankThink.

Federal credit unions are cashing in on a double tax exemption

Congress should hold hearings to investigate whether credit unions really qualify to operate as tax-advantaged Community Development Financial Institutions.

americanbanker.com
1
234
americanbanker.com/payments/… In @AmerBanker @BankThink, @NoelleinMadrid writes that new blockchains from @Circle and @Stripe are about more than customization and control over the features. They’re about redistributing power across the payments landscape.

High-profile new blockchains signal a shift in power over payments

Noelle Acheson writes that new blockchains from Circle and Stripe are about more than customization and control over the features. They're about redistributing power across the payments landscape

americanbanker.com
1
1
662
americanbanker.com/opinion/b… As bank regulators work to create a more transparent and effective supervisory process, they should overhaul the process for appealing their rulings to add challenges to enforcement actions, writes Brendan Clegg, of @LuseLaw, in @AmerBanker @BankThink.

Banks deserve the ability to appeal regulators' enforcement actions

As bank regulators work to create a more transparent and effective supervisory process, they should overhaul the process for appealing their rulings to include challenges to enforcement actions.

americanbanker.com
189
americanbanker.com/opinion/h… Who owns bank customers’ data? It’s a murky legal question, and answering it will determine the relationship between banks and fintechs in a future of open banking, writes @GeneLudwig, of Ludwig Advisors, in @AmerBanker @BankThink.

How much control do banks have over access to their customers' data?

Banks want to reclaim their position as the central node in the customer relationship by charging fintechs and data aggregators for access to permissioned customer data. How the legal questions about...

americanbanker.com
1
237
americanbanker.com/opinion/s… Well-regulated stablecoins will open the door to a wide range of financial activities, including 24/7 global markets for any asset class imaginable. Traditional banks should take note, writes @DiogoMonica, of @HaunVentures and @Anchorage, in @BankThink.

Stablecoins are a first step toward global, on-chain financial markets

Well-regulated stablecoins will open the door to a wide range of financial activities, including 24/7 global markets for any asset class imaginable. Traditional banks should take note.

americanbanker.com
4
9
2,218
americanbanker.com/opinion/b… The CFPB must unequivocally state that consumers own their financial data and prohibit financial institutions from monetizing access to it. No one should dictate with whom consumers can share their data, writes Dan Quan, of Nevcaut Ventures, in @BankThink

Bank fees for data access threaten the foundations of open banking

The CFPB must unequivocally state that consumers own their financial data and prohibit financial institutions from monetizing access to it. No one, not even the biggest bank in the country, should...

americanbanker.com
2
1
1
224
In @AmerBanker @BankThink, Ken Thomas looks back on the junk bond era and its impact on the U.S. Savings and Loan industry. bit.ly/4oxBMfV

Could a Ph.D. program have changed the history of junk bonds in the US?

Junk bonds made Michael Milken the most important and richest person on Wall Street. But they caused many large thrifts to fail. Had he listened to his professors and pursued his Ph.D. in 1970, his...

americanbanker.com
1
1
1
909
Slashing capital requirements for the largest banks reveals that the Federal Reserve’s priorities are not with community banks. This will make it harder for small banks to compete with their larger peers, writes Adam Turmakhan in @AmerBanker @BankThink. bit.ly/4fsrWrH
1
1
197
In @AmerBanker @BankThink, @NoelleinMadrid highlights how last week’s White House crypto document and the SEC’s announced Project Crypto are not just about supporting digital assets — they’re also about an overhaul of traditional finance. bit.ly/45f9KwQ

Clarified crypto rules are about to usher in a new banking paradigm

Noelle Acheson highlights how last week's White House crypto document and the SEC's announced Project Crypto are not just about supporting digital assets — they're also about an overhaul of traditi...

americanbanker.com
1
2
187
As stablecoins and related products gain traction in the U.S., bankers are going to have to face the fact that their current AML controls simply aren’t up to the task anymore, writes David DeLeon, of @Accenture, in @AmerBanker @BankThink. bit.ly/40SPD6s
2
167
Banks would face higher assessments to bring the Deposit Insurance Fund’s reserve ratio into compliance. Costs would be reflected in higher fees and reduced availability of credit, writes @DanielSavickas, of @ProtecTaxpayers, in @AmerBanker @BankThink. bit.ly/40TLu2c

Raising deposit insurance limits would cost consumers over $30 billion

Banks would face much higher assessments to bring the Deposit Insurance Fund's reserve ratio into compliance. Those costs would be reflected in higher fees and reduced availability of credit.

americanbanker.com
2
3
395
americanbanker.com/opinion/t… Treasury’s Office of Financial Research OFR was created for moments like this, when financial innovation accelerates and uncertainty builds. This is no time to slash its personnel, writes Greg Feldberg, of @YaleSOM, in @AmerBanker @BankThink.

This is not the time to disable our financial early warning system

Proposed cuts to the Treasury's Office of Financial Research would deprive the government of vital insight into the financial markets at a time when the sector is experiencing major disruptions.

americanbanker.com
1
156
A huge percentage of Americans, particularly Gen Z and millennials, score poorly on financial literacy tests, with predictable consequences. AI-powered agents would help empower them, writes Scott Smith, of Fizz, in @AmerBanker @BankThink. americanbanker.com/opinion/a…

AI is the clear answer to America's financial literacy crisis

A huge percentage of Americans, particularly Gen Z and millennials, score poorly on financial literacy tests, with predictable consequences. AI-powered agents would help empower them.

americanbanker.com
215
Countries around the world are retreating from the economic integration that drove growth in the post-Cold War era. The result will be an unnecessary hindrance of progress, writes Alex Tsepaev, of @B2PRIME, in @AmerBanker @BankThink. americanbanker.com/opinion/c…

Creeping controls on the movement of capital will stunt global growth

Countries around the world are retreating from the economic integration that drove growth in the post-Cold War era. The result will be an unnecessary hindrance of progress.

americanbanker.com
2
1
198
The insights of frontline employees can be invaluable tools for improving a bank’s operations. It’s up to executives to get out of the office and listen to what they have to teach them, writes Dave Martin, of @BankMechanics, in @AmerBanker @BankThink.bit.ly/3I8AAis

You have great consultants on your payroll already, so listen to them

The insights of frontline employees can be invaluable tools for improving a bank's operations. It's up to executives to get out of the office and listen to what they have to teach them.

americanbanker.com
1
1
263
Load more